Kent County, MI Multifamily Properties for Sale

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Updated: Aug 22

Historic Mixed-Use Redevelopment Property

1007 Wealthy St SE, Grand Rapids, MI 49506

$475,000

3,600 sqft

Historic mixed‑use building constructed in 1884
Approved plans for four one‑bedroom apartments with in‑unit laundry
Approximately 1,800 SF of main‑floor white‑box commercial space
Commercial plan includes two restrooms
Parking for three vehicles

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This listing looks promising.

Here's a quick look at some key insights for

1007 Wealthy St SE, Grand Rapids, MI 49506

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Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$40K
Annual
Price @ 7% Cap

$568K
Above asking
Last Sold

Feb 2024
$194K
Property Type

Commercial (General)
Built 1884

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Updated: Jul 21

Mixed-Use Building with Street-Level Unit

1205 Bridge Street NW, Grand Rapids, MI 49504

$649,900

2,789 sqft 0.11 AC lot

Fully renovated mixed‑use property with 3 separate units: Unit A (street‑level retail/office), Unit B (1 bed/1 bath), and Unit C (3 bed/1 bath).
Four off‑street parking spots included.
Central air cooling plus multiple heating types listed: baseboard, hot water (heating), forced air, and radiant heat.
Year built: 1946.
Interior features include broadband; cable available.

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Mixed-Use Office/Retail Building

3955 W River Drive NE, Comstock Park, MI 49321

$846,900

4,931 sqft 0.24 AC lot

Corner commercial building with showroom and offices plus three upstairs apartments, each with private entry access.

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Renovated Retail and Apartments

953 Fulton Street E, Grand Rapids, MI 49503

$1,050,000

4,614 sqft 0.05 AC lot

Recently renovated building with retail space for a market and hair salon plus two remodeled apartments.

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14-Unit Brick Apartment Building

1720 Porter St SW, Wyoming, MI 49519

$1,850,000

13,119 sqft

Updated apartments with separate electric metering, on-site laundry, and dedicated resident parking support efficient operations.

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Five-Unit Apartment Building

450 Fountain Street NE, Grand Rapids, MI 49503

$845,000

0.45 AC lot

Historic character, refreshed interiors, leased residences, garage spaces, and on-site parking define this multifamily property.

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Five-Unit Apartment Building

623 Cherry Street SE, Grand Rapids, MI 49503

$689,900

0.39 AC lot

Five 1BR/1BA units with off-street parking, offering a straightforward multifamily configuration in Grand Rapids.

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4-Unit Brick Apartment Building

1860 Prairie Parkway SW, Wyoming, MI 49519

$529,900

0.29 AC lot

Three two-bedroom residences and one one-bedroom residence support a varied rental-unit mix.

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Updated Four-Unit Quadplex

1806 Prairie Pkwy SW, Wyoming, MI 49509

$537,500

3,876 sqft

R-4-zoned apartment property with a mixed two-bedroom and one-bedroom unit configuration.

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Turn-Key Apartment Building

1720 Porter Street SW, Wyoming, MI 49519

$1,850,000

0.72 AC lot

Brick, turn-key 14-unit building with separately metered electric, coin laundry, and carports on a 0.72-acre lot.

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Updated Duplex with Private Yard

900 Fountain Street NE, Grand Rapids, MI 49503

$345,000

0.11 AC lot

Two apartments offer separate utility systems, shared laundry, basement storage, and a private driveway.

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Ranch-Style Duplex with Garage

944 Lancashire Court SE, Grand Rapids, MI 49508

$384,900

0.30 AC lot

Two residential units offer painted interiors, laundry hookups, and an owner’s unit with a fireplace and sunroom.

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Historic Duplex Carriage House

211 Charles Avenue SE, Grand Rapids, MI 49503

$355,000

0.20 AC lot

Two one-bedroom residences occupy a historic rear-lot carriage house with driveway parking and a basement.

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Renovated Historic Triplex

40 Lexington Avenue Northwest, Grand Rapids, MI 49504

$1,195,000

550 sqft

Three-unit historic firehouse conversion with elevator access, garage parking, outdoor areas, and distinctive architectural details.

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Character Duplex with Attic

745 Prospect Avenue SE, Grand Rapids, MI 49503

$319,500

0.10 AC lot

Two-level duplex with separate laundry and storage areas, original detailing, and a vacant upper residence.

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Updated Duplex with Flat River Frontage

879 Flat River Court SE, Lowell, MI 49331

$659,900

1.04 AC lot

Updated duplex with in-floor heating and private patios, plus Flat River frontage across the road.

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Updated Up-and-Down Duplex

939 Prospect Ave NE, Grand Rapids, MI 49503

$259,900

1,463 sqft

Two vacant apartments offer separate electrical metering and rear off-street parking.

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Updated Duplex with Attic Storage

1911 Federal Avenue SW, Wyoming, MI 49509

$279,900

0.18 AC lot

Flexible two-unit layout with refreshed interiors, basement utility space, and a generous residential lot.

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Four-Story Apartment Building with Office

20-22 Crescent Street Northeast, Grand Rapids, MI 49503

$1,350,000

1,000 sqft

Four-story property in downtown Grand Rapids combines residential units with a flexible main-level office area.

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Duplex with Detached Garage

909 Hall Street SE, Grand Rapids, MI 49507

$269,900

0.13 AC lot

Income-producing duplex with separate utility meters, individual entrances, and a rear garage near downtown employment and amenities.

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Updated Duplex with Garage

30 SW Putnam St, City Of, Grand Rapids, MI 49507

$325,000

2,446 sqft

Renovated electrical, plumbing, kitchens, bathrooms, flooring, and interior finishes throughout.

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Renovated Brick Triplex

40 Lexington Avenue NW, Grand Rapids, MI 49504

$1,195,000

0.20 AC lot

Historic character, flexible unit layouts, private outdoor areas, and substantial on-site parking support a distinctive multifamily offering.

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Historic Quadplex with Pool

304 Paris Avenue Southeast, Grand Rapids, MI 49503

$799,000

1,060 sqft

Historic character, an updated kitchen, an inground pool, and an oversized garage define this residential income property.

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Duplex with Radiant Heating

4550 Bowen Boulevard SE, Grand Rapids, MI 49508

$419,900

0.96 AC lot

Duplex on 0.96 acres with radiant heat, metal roof, and cable available near 4550 Bowen Boulevard SE.

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Kent County, MI Multifamily Properties Market Trends and Statistics

Explore 226 multifamily properties for sale in Kent County, MI, showcased through 226 active listings on our real estate platform. These investment opportunities span a total of 896,076 square feet of properties for sale, with an estimated market value of $115,541,597.

Sale prices for multifamily properties in Kent County, MI start at $175,000, averaging $530,007, and reaching up to $12,000,000 — 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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