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Historic Quadplex with Pool
For Sale
$750,000
Pending

304 Paris Avenue Southeast, Grand Rapids, MI 49503

Historic character, an updated kitchen, an inground pool, and an oversized garage define this residential income property.

Property Size1,060 SF
Days on Market169

Property Features for 304 Paris Avenue Southeast

General Information

Standard status Pending
Size 1,060 SF
Property subtype Residential Income / Multi Family
Zoning RES

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $10,647

Amenities

inground pool
garage
Window Unit(s), Yes
Hot Water, Steam, Yes
No
Hot Water, Steam
Natural Gas
Window Unit(s)
0.0
Composition
Pool
Full
Wood Siding

Building Details

Year Built 1895
Units 4
Listing Agency: ReSIDE Grand Rapids
Listed By: Kyle Visser · License #6502432810
Source: Compass
Added: May 1 Changed: Oct 8 Last Checked: Oct 15 at 1:35AM

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 ReSIDE Grand Rapids

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Investment Insights

Based on property information with market context.

Built in 1895, this residential income property combines historic detailing with functional improvements. Original woodwork, leaded windows, and hardwood floors remain, while the owner’s unit includes a remodeled kitchen. Additional residential units provide an established multifamily configuration, with one unit updated during its most recent vacancy. The property is zoned RES and occupies 2 city lots.

Outdoor amenities include an inground pool and an oversized garage. The property is located in Heritage Hill near the Wealthy and Cherry Street districts, with shopping and dining nearby and downtown Grand Rapids minutes away. Natural gas service, steam heat, and window unit cooling are present.

Key Highlights

  • 1895 construction with original woodwork, leaded windows, and hardwood floors
  • Residential income property on 2 city lots
  • Remodeled kitchen in the owner’s unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store Pet Grooming Service Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

2,359
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

Frequently Asked Questions

What type of property is this?
Quadplex - Historic character, an updated kitchen, an inground pool, and an oversized garage define this residential income property.
Where is this quadplex located?
The property is located at 304 Paris Avenue Southeast Grand Rapids, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1895 construction with original woodwork, leaded windows, and hardwood floors; Residential income property on 2 city lots; Remodeled kitchen in the owner’s unit
More about this property
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