Four-Bedroom
For Sale
$280,000
727 NW 6th Street NW, Grand Rapids, MI 49504
Multi Family, Grand Rapids, MI
Property Size2,412 SF
Lot Size0.14 Acres
Price / SF$116.09
Days on Market71
Property Features for 727 NW 6th Street NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1, Basement, Bedroom 4
Parking
1
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Standard status
Active
APN
41-13-24-302-021
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 11 BLK 3 EX COM AT SW COR OF SD LOT TH E ALONG S LINE OF SD LOT 1.5 FT TH N TO A PT ON N LINE OF SD LOT WHICH IS 26 INCHES E FROM NW COR OF SD LOT TH W TO NW COR OF SD LOT TH S TO BEG * VANBUREN & TURNERS ADDITION
Tax Annual Amount
2270
Legal Description
LOT 11 BLK 3 EX COM AT SW COR OF SD LOT TH E ALONG S LINE OF SD LOT 1.5 FT TH N TO A PT ON N LINE OF SD LOT WHICH IS 26 INCHES E FROM NW COR OF SD LOT TH W TO NW COR OF SD LOT TH S TO BEG * VANBUREN & TURNERS ADDITION
Utilities
Heating system
Forced Air
Building Details
Year built
1918
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Coldwell Banker Woodland Schmidt · Coldwell Banker Real Estate
(616) 396-5221
Listed By:
JJ Lozano
(616) 422-3077
Added: Jul 29
Changed: Oct 2
Last Checked: Oct 7 at 12:06AM
MLS# 26042665
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 duplex at 727 NW 6th Street NW was built in 1918 and includes four bedrooms, two bathrooms, and a basement. The property has vinyl siding and forced-air heating. It is being offered in as-is condition, with no recent updates identified in the available information. Tenant and rental history are available upon request, while current rents, occupancy, condition, and compliance should be verified.
The property is in Grand Rapids’ West Grand neighborhood, with access to downtown, Bridge Street shops and restaurants, Grand Rapids Community College, John Ball Zoo, and major highway corridors. Its current rental use and existing residential configuration provide a factual basis for continued income-property evaluation.
The property is in Grand Rapids’ West Grand neighborhood, with access to downtown, Bridge Street shops and restaurants, Grand Rapids Community College, John Ball Zoo, and major highway corridors. Its current rental use and existing residential configuration provide a factual basis for continued income-property evaluation.
Key Highlights
- Duplex with 4 bedrooms and 2 bathrooms
- Built in 1918
- Basement included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,574
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,480
$511.5K
Cap Rate 7%
$365,343
$365.3K
Cap Rate 9%
$284,156
$284.2K
Market Conditions
NOI Build-Up for 2,412 SF
Gross rent
$39.1K $16.20/SF
− Vacancy
−$2.5K −$1.05/SF
EGI
$36.5K $15.15/SF
− OpEx
−$11.0K −$4.54/SF
NOI
$25.6K $10.60/SF
Area
Grand Rapids, MI
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,480
Cap Rate 7%
$365,343
Cap Rate 9%
$284,156
Alternative Uses
Best Use
Multifamily LT 5
$365.3K
$319.7K – $426.2K
NOI $25,574 @ 7.0% cap · market cap 9.13%
Second Best
Apartment 5plus
$327.1K
$286.2K – $381.6K
NOI $22,895 @ 7.0% cap · market cap 8.18%
Theoretical Best
Specialty Retail
$559.8K
$489.8K – $653.1K
NOI $39,183 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,270
Businesses Nearby
Explore this area
Business Placement
Demographics for 49504, MI
41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
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
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Frequently Asked Questions
What type of property is this?
Duplex - Rental duplex with a basement, forced-air heating, and vinyl siding in Grand Rapids’ West Grand neighborhood.
Where is this duplex located?
The property is located at 727 NW 6th Street NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Duplex with 4 bedrooms and 2 bathrooms; Built in 1918; Basement included
