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3-Unit Multifamily Property
For Sale
$319,900

859 Butterworth Street SW, Grand Rapids, MI 49504

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.20 Acres
Days on Market66

Property Features for 859 Butterworth Street SW

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description MULTI
Bedrooms 3
Full bathrooms 3
Rooms Bathroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3
Parking 5
Basement Full
Lot features Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-13-26-478-017
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 48 FT OF LOT 10 BLK 2* GUNNISON S SUBDIVISION* OF PART OF SHEPARD S ADDITION
Tax Annual Amount 2371
Legal Description E 48 FT OF LOT 10 BLK 2* GUNNISON S SUBDIVISION* OF PART OF SHEPARD S ADDITION

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1890
Number of units 3
Building materials Aluminum Siding
Listing Agency: United Realty Services LLC
Listed By: Jacob Thomas
Added: Aug 12 Changed: Oct 12 Last Checked: Oct 16 at 12:06PM
MLS# 26042093

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.

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Investment Insights

Based on property information with market context.

This three-unit multifamily property includes three one-bedroom, one-bathroom residences, each with split utility billing. All units are occupied under current leases, and professional management is provided by United Properties. Off-street parking serves the property, while the owner handles water and sewer service.

Located at 859 Butterworth Street SW in Grand Rapids, the property sits on a 0.2-acre lot. The building was constructed in 1890 and features aluminum siding, forced-air heating, natural gas availability, and public sewer service. The existing unit configuration and occupied status provide a straightforward residential income property profile.

Key Highlights

  • Three 1‑bedroom, 1‑bathroom units
  • All three units occupied under current leases
  • 0.2‑acre lot with off‑street parking

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Bakery Grocery & Convenience Store Pharmacy

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Occupied rental building with separate utility billing, off-street parking, and professional property management in place.
Where is this triplex located?
The property is located at 859 Butterworth Street SW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bathroom units; All three units occupied under current leases; 0.2‑acre lot with off‑street parking
More about this property
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