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Fully Occupied Four-Unit Multifamily Property
For Sale
$630,000

813 Carrier Creek Blvd NE, Grand Rapids, MI 49503

Four well-kept units with tenant-paid electricity and shared laundry, plus parking with carports and a 1.5-car garage.

Property SizeContact for details
Days on Market15

Property Features for 813 Carrier Creek Blvd NE

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Units

Unit Mix 3 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $10,260

Amenities

shared laundry

Building Details

Year Built 1965
Units 4
Listing Agency: Century 21 Affiliated (GR)
Listed By: Joseph Balayti
Source: Elliman
Added: Jul 29 Changed: Aug 8 Last Checked: Aug 11 at 11:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Affiliated (GR)

Investment Insights

Based on property information with market context.

This turnkey four-unit multifamily property was built in 1965 and is currently fully occupied. The layout includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, providing a flexible unit mix for tenants.

Recent exterior improvements include a new roof and fresh exterior finishes. Inside, each unit features quartz kitchen countertops, new faucets, updated flooring, and new doors and hardware. Tenants pay unit electric, and shared tenant-paid laundry is provided on site.

Parking is available with four carport spaces plus a 1.5-car garage. The home is located in a desirable NE Grand Rapids neighborhood, minutes from downtown.

Key Highlights

  • Three 2‑bedroom, 1‑bath units plus one 3‑bedroom, 1‑bath unit
  • Currently fully occupied four‑unit property
  • Recent exterior improvements include new roof and fresh exterior finishes

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Dental Office Law Firm Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four well-kept units with tenant-paid electricity and shared laundry, plus parking with carports and a 1.5-car garage.
Where is this quadplex located?
The property is located at 813 Carrier Creek Blvd NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Three 2‑bedroom, 1‑bath units plus one 3‑bedroom, 1‑bath unit; Currently fully occupied four‑unit property; Recent exterior improvements include new roof and fresh exterior finishes
More about this property
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