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Updated 4-Unit Quadplex
New
For Sale
$619,900

808 Carrier Creek Blvd NE 808, Grand Rapids, MI 49503

Each residence has separate utilities, in-unit laundry, a dishwasher, and central air conditioning.

Property SizeContact for details
Days on Market3

Property Features for 808 Carrier Creek Blvd NE 808

General Information

Standard status Active
Property subtype Investment

Taxes and HOA fees

Annual Taxes $5,000

Building Details

Year Built 1982
Units 4
Listing Agency: Solid rock real estate llc
Listed By: Eric J Freeman · License #6502373737
Source: Elliman
Added: Sep 30 Last Checked: Oct 1 at 11:58AM

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 Solid rock real estate llc

Investment Insights

Based on property information with market context.

Built in 1982, this four-unit property has been updated and is fully leased. Each residence includes a full-size washer and dryer, dishwasher, central air, a furnace, separate utilities, solid-surface flooring, and a one-piece tub-and-shower unit. One residence also has private patio doors. The property consistently receives a six-year City of Grand Rapids Certificate of Compliance.

A private drive is shared with three other four-unit buildings. Similar neighboring properties are also available, representing 16 units in total. Current rents are below fair market rents for two-bedroom, one-bathroom units in Grand Rapids.

Key Highlights

  • Four residential units; built in 1982 and updated
  • Fully leased; current rents are below fair market rents for 2BD/1BA units in Grand Rapids
  • Each unit has a full‑size washer and dryer, dishwasher, central air, furnace, and separate utilities

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

464
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Each residence has separate utilities, in-unit laundry, a dishwasher, and central air conditioning.
Where is this quadplex located?
The property is located at 808 Carrier Creek Blvd NE 808 Grand Rapids, MI.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Four residential units; built in 1982 and updated; Fully leased; current rents are below fair market rents for 2BD/1BA units in Grand Rapids; Each unit has a full‑size washer and dryer, dishwasher, central air, furnace, and separate utilities
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