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4-Unit Quadplex

313 Carrier Street NE, Grand Rapids, MI 49505

For Sale
New
$425,000

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.15 Acres
Days on Market6

Property Features for 313 Carrier Street NE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Res
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Basement, Bedroom 4, Bedroom 2
Parking 4
Parking features Paved or Surfaced
Basement Walk-Out Access, Full
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-14-18-381-016
Lot size 0.15 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 7* GEORGE LAMPARTER S SUBDIVISION
Tax Annual Amount 3214
Legal Description LOT 7* GEORGE LAMPARTER S SUBDIVISION

Utilities

Utilities Natural Gas Available
Heating system Forced Air

Building Details

Year built 1863
Number of units 4
Building materials Aluminum Siding
Roof type Composition
Listing Agency: Place Real Estate
Listed By: Houston Moyer · License MI #6502417256
Added: Nov 5 Last Checked: Nov 10 at 4:06AM
MLS# 26058811

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.

Rey
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Investment Insights

Based on property information with market context.

At 313 Carrier Street NE in Grand Rapids, this four-unit property dates to 1863 and sits on a 0.15-acre lot. The building has aluminum siding, a composition roof, forced-air heating, and paved parking. Natural gas is available.

The property is 75% rented. The listing describes the vacant unit as a possible owner-occupant residence, with the other three units available to rent. On-site laundry is also identified as a potential addition.

Key Highlights

  • Four‑unit building with 75% occupancy
  • 0.15‑acre lot at 313 Carrier Street NE, Grand Rapids
  • Built in 1863; aluminum siding and composition roof

Property Analytics

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Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

955
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
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Market

Properties on Market for Quadplexes in Grand Rapids

Jul
Aug
Sep
Oct

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 - The building is 75% rented and includes paved parking, forced-air heating, and natural gas availability.
Where is this quadplex located?
The property is located at 313 Carrier Street NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four‑unit building with 75% occupancy; 0.15‑acre lot at 313 Carrier Street NE, Grand Rapids; Built in 1863; aluminum siding and composition roof
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