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Professionally Managed Triplex
For Sale
$329,900

859 Butterworth Street SW, Grand Rapids, MI 49504

MULTI_FAMILY - Grand Rapids, MI

Property SizeContact for details
Lot Size0.20 Acres
Days on Market21

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 Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1, Basement
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 Last Checked: Sep 1 at 4:06AM
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.

Investment Insights

Based on property information with market context.

This triplex at 859 Butterworth Street SW contains three one-bedroom, one-bathroom units. All units are occupied and covered by current leases, with professional management provided by United Properties. Split utilities assign tenant utility responsibility separately, while the owner handles water and sewer. The property includes a basement and off-street parking.

Built in 1890, the building has aluminum siding and forced-air heating. It sits on a 0.2-acre lot in Grand Rapids, with natural gas available and public sewer service. The three-unit configuration provides a defined residential income property format with an existing tenant base and established management arrangement.

Key Highlights

  • Three‑unit property with three 1‑bedroom, 1‑bathroom units
  • All three units occupied and under current leases
  • Professionally managed by United Properties

Property Analytics

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

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three one-bedroom units are occupied under current leases with split utilities and off-street parking.
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 $329,900.
What are key features of this property?
This property features: Three‑unit property with three 1‑bedroom, 1‑bathroom units; All three units occupied and under current leases; Professionally managed by United Properties
More about this property
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