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Three-Unit Property with Garage
For Sale
$500,000

614 Crescent Grand, Grand Rapids, MI 49503

1905 multifamily property with a three-bedroom main residence, two one-bedroom units, and additional attic conversion potential.

Property SizeContact for details
Days on Market74

Property Features for 614 Crescent Grand

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Amenities

front porch
washer/dryer
Hot Water
Radiant

Building Details

Year Built 1905
Listing Agency: Five Star Real Estate (Grandv)
Listed By: Micah Childress
Source: Kw
Added: Jun 20 Changed: Aug 31 Last Checked: Aug 2 at 5:45AM

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 Five Star Real Estate (Grandv)

Investment Insights

Based on property information with market context.

This 1905 triplex includes three separate residences arranged across the main and upper levels. The primary unit offers three bedrooms, a living room, dining area, kitchen, full bathroom, entryway, and mudroom, with refinished hardwood flooring and large windows. Two upper-level apartments each include a bedroom, living room, kitchen and dining area, and full bathroom. A substantial attic with its own stair access may provide an opportunity for conversion into a fourth unit, subject to applicable requirements.

The property includes two off-street parking spaces, a two-stall garage, basement laundry with a new washer and dryer, and a front porch. A new boiler serves the radiant heating system, and hot water is listed among the interior features. The address is near Martha's Vineyard, Lyon St Cafe, Nantucket Baking Co, and 7 Monks.

Key Highlights

  • Three‑unit configuration with one three‑bedroom residence and two one‑bedroom apartments
  • 1905 construction with refinished hardwood floors and large windows in the main unit
  • Attic has a dedicated staircase and could be converted into a fourth unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Daycare Center Locksmith Veterinary Clinic

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

3,123
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

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 - 1905 multifamily property with a three-bedroom main residence, two one-bedroom units, and additional attic conversion potential.
Where is this triplex located?
The property is located at 614 Crescent Grand Grand Rapids, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Three‑unit configuration with one three‑bedroom residence and two one‑bedroom apartments; 1905 construction with refinished hardwood floors and large windows in the main unit; Attic has a dedicated staircase and could be converted into a fourth unit
More about this property
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