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    Grand Rapids, MI Multifamily Properties for Sale

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    Belmont, MI Comstock Park, MI Ada, MI
    149 results
    Meticulously Maintained Grand Rapids Farmhouse
    $525,000
    2,690 SF
    Meticulously Maintained Grand Rapids Farmhouse

    1757 4th Street NW, Grand Rapids, MI 49504

    1890s farmhouse on a 0.56-acre double lot.
    • Rare 0.56‑acre double lot offering a private urban park feel.
    • Meticulously maintained 1890s farmhouse with 2,690 sq ft of finished space.
    • Flexible dual‑unit residence: use as a 5‑bedroom home or rental with a 2‑bedroom suite.
    • Modernized mechanicals include a new roof (2016), and high‑efficiency furnaces (2017‑2018).
    • Pristine original features: unpainted oak trim and stained glass.
    Updated: May 7
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    Grand Rapids Multifamily Investment Opportunity
    $649,000
    0.28 Acres
    Grand Rapids Multifamily Investment Opportunity

    1238 Northfield Avenue NE, Grand Rapids, MI 49505

    Four-unit townhouse near Medical Mile, great investment potential.
    • Strong cash flow potential as a fully rentable 4‑unit townhouse or owner‑occupied with rental income.
    • Prime location near Medical Mile and downtown Grand Rapids developments, offering stability and long‑term growth.
    • Opportunity to purchase individually or as part of a 20‑unit portfolio across five separate buildings.
    • Each unit includes its own rear carport parking space.
    • Each unit has its own furnace and water heater.
    Updated: May 26
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    Grand Rapids Multifamily Investment Opportunity
    $649,000
    0.28 Acres
    Grand Rapids Multifamily Investment Opportunity

    Four-unit townhouse near Medical Mile, ideal for investment or owner-occupancy.

    1258 Northfield Avenue NE, Grand Rapids, MI 49505

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    Grand Rapids Multifamily Investment Opportunity
    $649,000
    0.28 Acres
    Grand Rapids Multifamily Investment Opportunity

    Four-unit townhouse near Medical Mile in Grand Rapids.

    1226 Northfield Avenue NE, Grand Rapids, MI 49505

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    Grand Rapids Multifamily Investment Opportunity
    $649,000
    0.28 Acres
    Grand Rapids Multifamily Investment Opportunity

    Four-unit townhouse near Medical Mile in Grand Rapids.

    1239 Northfield Avenue NE, Grand Rapids, MI 49505

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    Updated Duplex in Breton Village
    $439,900
    2,000 SF
    Updated Duplex in Breton Village

    Turnkey duplex in desirable Breton Village, Grand Rapids.

    2561-2563 Burton Street SE, Grand Rapids, MI 49546

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    Grand Rapids Multifamily Investment Opportunity
    $319,900
    1,149 SF
    Grand Rapids Multifamily Investment Opportunity

    Two-unit property in the Historic Wealthy St Business District.

    320 Charles Avenue SE, Grand Rapids, MI 49503

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    Historic Four-Unit Rental Property
    $895,000
    0.27 Acres
    Historic Four-Unit Rental Property

    Historic fourplex with remodeled owner kitchen, updated unit, in-ground pool, and oversized garage for strong rental income potential.

    304 Paris Avenue SE, Grand Rapids, MI 49503

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    Mixed-Use Building in Grand Rapids
    $399,000
    0.14 Acres
    Mixed-Use Building in Grand Rapids

    Mixed-use building with development potential in Grand Rapids, Michigan.

    934 Butterworth Street SW, Grand Rapids, MI 49504

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    Grand Rapids Multifamily Investment Opportunity
    $649,000
    0.27 Acres
    Grand Rapids Multifamily Investment Opportunity

    Four-unit townhouse near Medical Mile, great investment potential.

    1336 Northfield Avenue NE, Grand Rapids, MI 49505

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    Heritage Hill Duplex Near Downtown
    $474,900
    0.08 Acres
    Heritage Hill Duplex Near Downtown

    Duplex in prime location near downtown Grand Rapids, Michigan.

    201 Lafayette Avenue NE, Grand Rapids, MI 49503

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    Grand Rapids Multifamily Investment Opportunity
    $399,900
    0.29 Acres
    Grand Rapids Multifamily Investment Opportunity

    Two-unit property with city views in Belknap Hill neighborhood.

    719 Fairview Avenue NE, Grand Rapids, MI 49503

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    Versatile Commercial Building in Grand Rapids
    $1,050,000
    4,614 SF
    Versatile Commercial Building in Grand Rapids

    Renovated commercial building with retail and apartment income potential.

    953 Fulton Street E, Grand Rapids, MI 49503

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    Grand Rapids Triplex with Garage
    $420,000
    0.88 Acres
    Grand Rapids Triplex with Garage

    Move-in ready triplex with a large lot and three-stall garage.

    1643 Aberdeen Street NE, Grand Rapids, MI 49505

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    Grand Rapids Multifamily Investment Opportunity
    $995,000
    0.60 Acres
    Grand Rapids Multifamily Investment Opportunity

    Thirteen-unit portfolio on 0.6 acres in downtown Grand Rapids.

    1230-1246 Alpine Avenue NW, Grand Rapids, MI 49504

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    Updated Duplex in Fairmount Square
    $374,900
    1,726 SF
    Updated Duplex in Fairmount Square

    Updated two-unit multifamily in desirable Fairmount Square neighborhood.

    921 Fairmount Street SE, Grand Rapids, MI 49506

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    Updated Duplex in Grand Rapids
    $319,900
    0.09 Acres
    Updated Duplex in Grand Rapids

    Renovated duplex near downtown Grand Rapids with income potential.

    1010 Alpine Avenue NW, Grand Rapids, MI 49504

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    Updated Four-Unit Heritage Hill Property
    $799,000
    2,212 SF
    Updated Four-Unit Heritage Hill Property

    Updated 4-unit property in Heritage Hill near downtown.

    226 College Avenue NE, Grand Rapids, MI 49503

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    Well-Maintained Duplex with Two 2BR Units
    $352,000
    0.18 Acres
    Well-Maintained Duplex with Two 2BR Units

    Two separate 2-bedroom, 1-bath units with updated flooring and off-street parking behind the home.

    820 McReynolds Avenue NW, Grand Rapids, MI 49504

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    Historic Firehouse Multifamily Investment
    $1,395,000
    0.20 Acres
    Historic Firehouse Multifamily Investment

    Meticulously renovated historic firehouse with modern amenities and income potential.

    40 Lexington Avenue NW, Grand Rapids, MI 49504

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    Grand Rapids Duplex Near Downtown
    $329,900
    0.11 Acres
    Grand Rapids Duplex Near Downtown

    Well-maintained duplex near downtown Grand Rapids with many amenities.

    510 La Grave Avenue SE, Grand Rapids, MI 49503

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    Grand Rapids Duplex with Income
    $469,000
    0.36 Acres
    Grand Rapids Duplex with Income

    Well-maintained duplex in Southeast Grand Rapids with long-term tenant.

    2417-2419 Edgewood Avenue SE, Grand Rapids, MI 49546

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    Updated Duplex with Income Potential
    $379,900
    0.11 Acres
    Updated Duplex with Income Potential

    Versatile 2-unit property with recent upgrades and income potential.

    1100 Lincoln Avenue NW, Grand Rapids, MI 49504

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    Grand Rapids Duplex For Sale
    $239,000
    0.12 Acres
    Grand Rapids Duplex For Sale

    Two-unit property near downtown Grand Rapids with income potential.

    1121 Crosby Street NW, Grand Rapids, MI 49504

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    Grand Rapids, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 149 multifamily properties for sale in Grand Rapids, MI, showcased through 149 active listings on our real estate platform. These investment opportunities span a total of 57,186 square feet of properties for sale, with an estimated market value of $9,195,700.

    Sale prices for multifamily properties in Grand Rapids, MI start at $169,900, averaging $437,890, and reaching up to $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 122
    Apartment buildings 16
    Quadplexes 15
    Triplexes 6
    Short term rental properties 1

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49534 $192.5K
    49507 $273.4K
    49548 $335K
    49506 $399.4K
    49503 $416.2K

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49504
    • 49503
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    • 49508
    • 49534

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