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Multifamily Property with Rear Parking
For Sale
$209,900

941 Eastern Avenue SE, Grand Rapids, MI 49507

Separate basement bathroom and updated electrical service add functional features to this vacant property.

Property SizeContact for details
Days on Market79

Property Features for 941 Eastern Avenue SE

General Information

Standard status Active
Property subtype 2 to 4 Units

Site & Location

Neighborhood Southeast Community

Taxes and HOA fees

Annual Taxes $1,640

Amenities

updated electrical services
newer FA furnace
basement bathroom

Building Details

Year Built 1900
Listing Agency: DeBartolo Realty
Listed By: Tangy Pringle · License #6501438253
Source: Carinirealtors
Added: Aug 13 Changed: Oct 26 Last Checked: Oct 26 at 11:48AM

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 DeBartolo Realty

Rey
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Investment Insights

Based on property information with market context.

This multifamily property, built in 1900, includes a basement with its own bathroom. Electrical service was updated this year, and the building has a newer forced-air furnace.

Parking is located behind the property, with access from a side street. The property is vacant and available for showing.

Key Highlights

  • Electrical services updated this year
  • Newer forced‑air furnace
  • Basement includes a separate bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

Demographics for 49507, MI

38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Separate basement bathroom and updated electrical service add functional features to this vacant property.
Where is this multifamily property located?
The property is located at 941 Eastern Avenue SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Electrical services updated this year; Newer forced‑air furnace; Basement includes a separate bathroom
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