Search
City-Certified Four-Unit Quadplex
For Sale
$499,000
Pending

27 Colfax Street NE, Grand Rapids, MI 49505

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market12

Property Features for 27 Colfax Street NE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 4, Laundry Room, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 3, Bedroom 1, Basement
Parking 4
Lot features Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Pending
APN 41-14-18-301-020
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 3/4 OF LOT 21* SUBDIVISION OF LOT 102 COIT & CURTIS PARTITION PLAT
Tax Annual Amount 4441
Legal Description E 3/4 OF LOT 21* SUBDIVISION OF LOT 102 COIT & CURTIS PARTITION PLAT

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1875
Number of units 4
Building materials Aluminum Siding
Roof type Composition
Listing Agency: United Realty Services LLC
Listed By: Timothy J VandenToorn
Added: Sep 16 Changed: Sep 24 Last Checked: Sep 27 at 2:06PM
MLS# 26049304

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This city-certified quadplex contains four residential units and is currently 100% occupied, with leases in place through July 2027. Updates have been completed throughout the units. The property includes a large backyard, alley access, street frontage, and a basement. Built in 1875, the building has aluminum siding, a composition roof, forced-air heating, natural gas availability, and public sewer service.

The property is located at 27 Colfax Street NE in Grand Rapids, within ZIP Code 49505. The parcel contains 0.16 acres and benefits from established residential occupancy and documented city certification through 09/08/2029. Professional property management is available, and showings require 24-hour notice with pre-approval submitted to the listing agent.

Key Highlights

  • Four‑unit quadplex with 100% occupancy
  • Leases secured through July 2027
  • City certification through 09/08/2029

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

A Cut Above Lawn ... Landscaping

Suggested Use

Top Pick Pharmacy Dental Office Nail Salon Daycare Center Grocery & Convenience Store Carpet & Flooring Store

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied multifamily property with leases secured through July 2027 and a large backyard.
Where is this quadplex located?
The property is located at 27 Colfax Street NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four‑unit quadplex with 100% occupancy; Leases secured through July 2027; City certification through 09/08/2029
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message