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Renovated Historic Firehouse Triplex

40 Lexington Avenue NW Grand Rapids, MI 49504

For Sale

$1,275,000

MULTI_FAMILY - Grand Rapids, MI

Lot size:

0.20 Acres

For Sale

$1,275,000

MULTI_FAMILY - Grand Rapids, MI

Lot size:

0.20 Acres

Added:: May 4, 2026
Days on Market:: 72
Last Refresh:: Jul 14 at 2:06 am

Property Features for 40 Lexington Avenue NW

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
Parking: 11
Standard status: Active
APN: 41-13-25-162-011
Lot size: 0.20 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 12516

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Heating system: Forced Air
Cooling system: Central Air

Building Details

Year built: 1927
Number of units: 3
Building materials: Brick

Listing agent Jason C VanAssen License #6502318639

Listing office Weichert REALTORS Plat (Main) 3061 Macatawa Dr, Ste D, Grandville, MI

Listing date May 4, 2026

MLS# 26019796 Listing URL

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 distinctive, meticulously renovated historic firehouse has been converted into a three-unit residential property while preserving key character elements such as exposed brick, oversized arched windows, and a firepole in the foyer. The upper primary unit includes elevator access, two bedrooms, two full baths, in-unit laundry, and prominent historic details throughout. The lower unit offers a one-bedroom layout with a recently renovated kitchen and direct patio access. The “Hayloft” unit above features a one-bedroom, one-bath plan with floor-to-ceiling windows that bring in natural light. Garage and outdoor spaces are a major part of the layout, with five garage parking spaces plus four additional exterior spots, an upper deck off the primary unit, and a private, well-maintained yard with patio.

Located in Grand Rapids near a new soccer stadium and amphitheater, the property offers a residential setting with a built-in entertainment draw nearby. On-site laundry is located within the garage, which also functions as a recreational area with a pickleball court.

For buyers looking for an income-oriented setup, the building currently provides three separate units and also presents the option to convert part of the expansive garage into a fourth unit. The mix of outdoor space, dedicated parking, and in-unit and shared laundry configurations can support multiple resident lifestyles within one cohesive, historic structure.

Key Highlights

Historic brick multi‑family property built in 1927 with forced‑air heating and central air
3‑unit building with rooms including 4 bedrooms and 4 bathrooms across the property
Elevator access to the upper primary unit, which has 2 bedrooms, 2 full baths, and in‑unit laundry

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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For sale
Triplexes
MI
Grand Rapids
49504
40 Lexington Avenue NW

What type of property is this?

Triplex - Three renovated units in a former firehouse, with garage parking and outdoor living, plus potential for a fourth unit.

Where is this triplex located?

The property is located at 40 Lexington Avenue NW Grand Rapids, MI.

What is the asking price?

The asking price for this property is $1,275,000.

What are key features of this property?

This property features: Historic brick multi‑family property built in 1927 with forced‑air heating and central air; 3‑unit building with rooms including 4 bedrooms and 4 bathrooms across the property; Elevator access to the upper primary unit, which has 2 bedrooms, 2 full baths, and in‑unit laundry

40 Lexington Avenue NW Grand Rapids, MI 49504

MULTI_FAMILY - Grand Rapids, MI

Property Features for 40 Lexington Avenue NW

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Multi-Tenant Retail Building with C-4

Automotive Service and Dealership

Multi-Tenant Office Building

Iconic Bar & Grill Opportunity

Tip Top Deluxe Bar & Grill

Historic Building Condo Conversion

Mixed-Use Property in Grand Rapids

Class A Office Investment Opportunity

Freestanding Bank Branch with Drive-Thru

Versatile Commercial Property, Grand Rapids

Corner Office/Retail Building Opportunity

Corner Auto Service and Showroom

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