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    FOR SALE
    Duplexes

    816 6Th St NW Grand Rapids, MI 49504

    Built 1900
    Property ID
    US43-1970044
    816 6Th St NW, Grand Rapids, MI 49504 For Sale 1 / 26
    $275,000
    816 6Th St NW, Grand Rapids, MI 49504
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    Property summary
    AI-generated overview

    Fantastic investment opportunity on the NW side of Grand Rapids producing $3,120/month in gross rental income. This duplex features two 2-bedroom, 1-bath units totaling approximately 1,460 square feet and offers stable cash flow with demonstrated rental performance throughout 2024 and 2025.The lower unit features a traditional layout with separate gas forced-air heat and tenant-paid gas and electric, while the upper unit is configured for per-bedroom rental with landlord-paid utilities. Major capital improvements include a roof replacement approximately 10 years ago.Conveniently located near downtown Grand Rapids, shopping, restaurants, parks, and major commuter routes. Solid opportunity for investors seeking a stabilized asset with immediate cash flow in a high-demand rental market. bikeScore: 54, Bikeable walkScore: 69, Somewhat Walkable transitScore: 35, Some Transit

    Property profile
    Verified
    Property type Duplexes
    Year built 1900
    UPID US43-1970044
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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