827 Geneva Avenue SE, Grand Rapids, MI 49507
MULTI_FAMILY - Grand Rapids, MI
- Added:
- Jun 4, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 5 at 2:06 pm
Property Features for 827 Geneva Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 4, Bedroom 2, Basement, Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 6
- Parking
- 4
- Parking features
- Paved or Surfaced
- Basement
- Full
- Standard status
- Active
- APN
- 41-14-32-301-022
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 19 BLK 1* WINSOR ADDITION
- Tax Annual Amount
- 2104
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Wood Siding
Listing agent Christopher M Bruce (616) 920-2098
Listing office Keller Williams GR East 1555 Arboretum Dr. SE Ste 101, Grand Rapids, MI (616) 575-1800
Listing date Jun 4, 2026
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.
HighLights
- Classic 1900 multi‑family home with wood siding and forced‑air heating
- 2,057 sq ft of living space with a 4–6 bedroom layout and 2 bathrooms
- Unit 1: 2 bed/1 bath with living room, dining room, basement area, washer/dryer hookup, and 2 storage areas
- Unit 2: 2–4 bed/1 bath with living room, dining room, 2 enclosed porches, and an attic with 2 possible unfinished rooms
- Private driveway, paved/surfaced parking, and a large backyard
- 6,600 sq ft lot near the MLK Community Center (with large community pool) and a few blocks from the Wealthy Street Business District
Overview
The property sits on a private driveway with a large backyard and is set on a lot sized at approximately 0.15 acres. The provided remarks describe it as being in the 49507 area, within walking distance to the MLK community center with a large community pool, a few blocks from the Wealthy Street Business District, and minutes from downtown Grand Rapids. The area is also described as having nearby stores, museums, local parks, and schools, with easy access to West Michigan destinations.
For buyers or operators, the configuration supports either rental income from a two-unit setup or use as a spacious residence. The duplex’s enclosed porches, basement/utility hookups, and attic flex space can be practical for everyday living and storage. The property is being offered for sale with potential for value-add based on the owner’s stated intent to add value and make it their own.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.3k | $16.20 |
| − Vacancy | −$2.2k | −$1.05 |
| EGI | $31.2k | $15.15 |
| − OpEx | −$9.3k | −$4.54 |
| NOI | $21.8k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.648392
- Latitude
- 42.947517
