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Three-Unit Multifamily Property
For Sale
$520,000
Pending

606 Fairview Avenue NE, Grand Rapids, MI 49503

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market108

Property Features for 606 Fairview Avenue NE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Res
Bedrooms 9
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 9, Bedroom 1, Bedroom 4, Bedroom 7, Bathroom 2, Basement, Bedroom 3, Bedroom 8, Bathroom 1, Bedroom 6
Parking 3
Parking features Paved or Surfaced
Basement Full
Subdivision Belknap Lookout
Lot features Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Pending
APN 41-14-19-312-008
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 17 BLK 14* DEXTER FRACTION
Legal Description LOT 17 BLK 14* DEXTER FRACTION

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air

Amenities

off-street parking
shared basement laundry

Building Details

Year built 1910
Number of units 3
Building materials Wood Siding
Roof type Composition
Listing Agency: CopperRock Real Estate LLC
Listed By: Meriden S Stoney
Added: Jun 22 Changed: Sep 29 Last Checked: Oct 7 at 3:06AM
MLS# 26031109

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 1910 multifamily property contains three 3-bedroom, 1-bath units, each with generous living space. Shared basement laundry serves the building, while paved off-street parking adds practical convenience. The structure features wood siding, forced-air heating, a composition roof, and public sewer service. Cable is available, and the lot encompasses 0.14 acres.

Located in Grand Rapids’ Belknap Lookout neighborhood, the property is near the Medical Mile, downtown amenities, and neighborhood parks. Rental certifications are current through 2/2027. Tenants pay their own utilities except water, providing a clearly defined utility arrangement for the building.

Key Highlights

  • Three 3‑bedroom, 1‑bath units
  • Rental certifications current through 2/2027
  • Paved off‑street parking

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Barber Shop Butcher

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,392
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate three-bedroom apartments include shared basement laundry and paved off-street parking.
Where is this triplex located?
The property is located at 606 Fairview Avenue NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Three 3‑bedroom, 1‑bath units; Rental certifications current through 2/2027; Paved off‑street parking
More about this property
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