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Multifamily Property with Multiple Units
For Sale
$310,000

748 North Ave NE, Grand Rapids, MI 49503

Flexible unit configuration supports owner-occupancy, rental use, or portfolio expansion.

Property SizeContact for details
Lot Size0.10 Acres
Days on Market11

Property Features for 748 North Ave NE

General Information

Standard status Active
Lot size 0.10 Acres
Property subtype Investment

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,264

Building Details

Year Built 1910
Units 2
Listing Agency: Keller Williams GR North
Listed By: David (Josh) Wiser · License #6501457169
Source: Elliman
Added: Aug 22 Changed: Aug 31 Last Checked: Aug 31 at 2:58PM

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 Keller Williams GR North

Investment Insights

Based on property information with market context.

Built in 1910, this multifamily property includes a 2 to 4-unit structure on a 4,295-square-foot lot. The layout provides separate unit spaces within a compact footprint and may accommodate owner-occupancy or rental operations.

The property is located near downtown Grand Rapids, Van Andel Arena, the new soccer stadium, DeVos Convention Center, Medical Mile, restaurants, and biking and walking trails. Walk Score is 60, Bike Score is 53, and Transit Score is 44, reflecting some walkability, bike access, and available transit service.

Key Highlights

  • 2 to 4‑unit multifamily structure
  • 4,295‑square‑foot lot
  • Built in 1910

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Auto Parts Store Grocery & Convenience Store Nail Salon (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,370
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Flexible unit configuration supports owner-occupancy, rental use, or portfolio expansion.
Where is this multifamily property located?
The property is located at 748 North Ave NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 2 to 4‑unit multifamily structure; 4,295‑square‑foot lot; Built in 1910
More about this property
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