Updated 6-Unit Apartment
For Sale
Contact for pricing
Pending
736 Cherry St SE, Grand Rapids, MI 49503
Renovated common areas and basement coin-operated laundry add functional amenities for residents.
Property SizeContact for details
Days on Market144
Property Features for 736 Cherry St SE
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
MOXIE
(616) 453-8181
Listed By:
Max Grover · License #MI 6502431277
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 8:28AM
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 MOXIE
Investment Insights
Based on property information with market context.
This 6-unit apartment building includes a basement with property-owned coin-operated laundry equipment. Common hallways have been fully renovated, while the 2br units received new furnaces and AC units. Additional improvements include re-drywalled, painted, and updated interiors in many units. Several leases are month-to-month, providing an existing residential rental configuration for a new owner to evaluate.
The property is located at 736 Cherry St SE in Grand Rapids, within the Cherry Hill historic district. Shops and restaurants are within walking distance, and Cherry Park is directly across the street following its renovation. The combination of apartment units, shared laundry, upgraded common areas, and ongoing capital improvements defines the property’s current operating profile.
The property is located at 736 Cherry St SE in Grand Rapids, within the Cherry Hill historic district. Shops and restaurants are within walking distance, and Cherry Park is directly across the street following its renovation. The combination of apartment units, shared laundry, upgraded common areas, and ongoing capital improvements defines the property’s current operating profile.
Key Highlights
- 6‑unit apartment building in Grand Rapids’ Cherry Hill historic district
- Basement includes property‑owned coin‑operated laundry equipment
- Common area hallways have been completely renovated
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,633
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated common areas and basement coin-operated laundry add functional amenities for residents.
Where is this apartment building located?
The property is located at 736 Cherry St SE Grand Rapids, MI.
What are key features of this property?
This property features: 6‑unit apartment building in Grand Rapids’ Cherry Hill historic district; Basement includes property‑owned coin‑operated laundry equipment; Common area hallways have been completely renovated
