Renovated Triplex with
New
For Sale
$315,000
1340 Plainfield Ave NE, Grand Rapids, MI 49505
Two updated vacant units, split utilities, and on-site laundry support flexible occupancy and property operations.
Property SizeContact for details
Days on Market2
Property Features for 1340 Plainfield Ave NE
General Information
Standard status
Active
Property subtype
Investment
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$4,625
Amenities
on-site laundry
Building Details
Year Built
1900
Units
3
Listing Agency:
Edison Brokers & Co LLC
(616) 375-0775
Listed By:
Mitchell D Luban · License #6506047711
(616) 375-0775
Source:
Elliman
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 22 at 4:35AM
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 Edison Brokers & Co LLC
Investment Insights
Based on property information with market context.
This triplex at 1340 Plainfield Ave NE includes three units, with Units 1 and 2 renovated and currently vacant. Those apartments can accommodate an owner occupant or be placed with tenants, while the property also offers on-site laundry and split utilities. Unit 3 is available for viewing after an accepted offer, and the common areas are available to tour.
The property is in Grand Rapids’ Creston neighborhood, with access to local dining, parks, Downtown Grand Rapids, and major highways. Walk Score is 65, Bike Score is 59, and Transit Score is 27. Built in 1900, the building presents a three-unit residential income configuration with updated space ready for occupancy or leasing.
The property is in Grand Rapids’ Creston neighborhood, with access to local dining, parks, Downtown Grand Rapids, and major highways. Walk Score is 65, Bike Score is 59, and Transit Score is 27. Built in 1900, the building presents a three-unit residential income configuration with updated space ready for occupancy or leasing.
Key Highlights
- Three‑unit property at 1340 Plainfield Ave NE
- Units 1 and 2 are renovated and vacant
- On‑site laundry serves the property
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
930
Businesses Nearby
Explore this area
Business Placement
Demographics for 49505, MI
31,444
Population
14,197
Households
2.2
Avg Household Size
36
Median Age
40%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,573
Density / Sq Mi
$71,692
Median Household Income
$43,778
Median Earnings
$1,248
Median Rent
$227,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Two updated vacant units, split utilities, and on-site laundry support flexible occupancy and property operations.
Where is this triplex located?
The property is located at 1340 Plainfield Ave NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Three‑unit property at 1340 Plainfield Ave NE; Units 1 and 2 are renovated and vacant; On‑site laundry serves the property
