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Fully Occupied Four-Unit Property

23 Burton St SW Grand Rapids, MI 49507

Claim this Listing
For Sale
$329,500

Four-unit property with solid rental history and immediate income.

Type:Investment
Added:
May 9, 2026
Days on Market:
66
Last Refresh:
May 9 at 1:27 am

Property Features for 23 Burton St SW

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1905

Listing office Urban Pharm, LLC

Listing date May 9, 2026

Source Elliman

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 Urban Pharm, LLC


Investment Insights

Based on property information with market context.

This four-unit investment property presents an opportunity to own a fully occupied building with a solid rental history, providing immediate income. The multi-family asset features long-term tenants on the first floor, ensuring stability and consistent cash flow. The lower level comprises two units: a 3-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit. The upper level includes a 2-bedroom, 1-bath unit with a private balcony, and a larger 4-bedroom, 1-bath unit, also with its own balcony. Off-street parking is accessible from the alleyway. The property is located in an area with a bike score of 64, indicating it is bikeable, and a walk score of 70, signifying it is very walkable. The transit score is 39, suggesting some transit options are available.

Key Highlights

  • Fully occupied four‑unit property providing immediate income.
  • Solid rental history with long‑term tenants on the first floor, ensuring consistent cash flow.
  • Two units with private balconies offer premium rental opportunities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pharmacy Locksmith Dental Office

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit property with solid rental history and immediate income.
Where is this quadplex located?
The property is located at 23 Burton St SW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $329,500.
What are key features of this property?
This property features: Fully occupied four‑unit property providing immediate income.; Solid rental history with long‑term tenants on the first floor, ensuring consistent cash flow.; Two units with private balconies offer premium rental opportunities.
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