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    Grand Rapids, MI Residential Income Properties for Sale

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    Three-Unit Mixed-Use Property
    Updated: Sep 22
    Three-Unit Mixed-Use Property

    1205 Bridge Street NW, Grand Rapids, MI 49504

    $649,900
    2,789 sqft 0.11 AC lot
    Three units: one office space and two apartments
    2,789 square feet on a 0.11‑acre lot
    Apartments include one 1‑bedroom, 1‑bath unit and one 3‑bedroom, 1‑bath unit
    Four off‑street parking spaces
    Central air conditioning and broadband
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    4-Unit Updated Quadplex
    Updated: Sep 29
    4-Unit Updated Quadplex

    802-808 Carrier Creek Boulevard NE, Grand Rapids, MI 49503

    $619,900
    0.33 AC lot
    Four leased units with separate utilities
    Built in 1982 and updated
    0.33‑acre parcel with off‑street driveway parking
    Full‑size washer and dryer, dishwasher, central air, and forced‑air furnace in each unit
    6‑year City of Grand Rapids Certificate of Compliance
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    6-Unit Townhouse-Style Apartment Building
    6-Unit Townhouse-Style Apartment Building

    2951 Vineland Avenue SE, Grand Rapids, MI 49508

    $1,095,000
    0.68 AC lot

    Each residence has three bedrooms, individual laundry hookups, and dedicated exterior storage.

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    See hot listings in Grand Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Victorian Duplex with Separate Apartment
    Victorian Duplex with Separate Apartment

    60 College Ave, Grand Rapids, MI 49503

    $937,500
    4,125 sqft

    Two distinct residences combine a renovated primary home with a separate apartment and shared basement laundry and storage.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    2164 Division Avenue S, Grand Rapids, MI 49507

    $295,000
    2,583 sqft 0.01 AC lot

    Three occupied spaces combine a commercial unit with two attached residential units.

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    Renovated Duplex with Garage
    Renovated Duplex with Garage

    60 College Avenue NE, Grand Rapids, MI 49503

    $937,500
    0.17 AC lot

    Two updated residences offer separate access, shared basement storage, and dedicated off-street parking.

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    Historic Brick Triplex
    Historic Brick Triplex

    252 Madison Avenue SE, Grand Rapids, MI 49503

    $825,000
    0.18 AC lot

    Legally configured for separate units with updated mechanical systems, garage parking, and additional outdoor storage.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    900 College Ave NE, Grand Rapids, MI 49503

    $699,000
    2,595 sqft

    Ground-floor convenience retail is paired with two upstairs apartments and commercial zoning.

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    Side-by-Side Duplex with Basements
    Side-by-Side Duplex with Basements

    609 & 611 Wealthy Street SE, Grand Rapids, MI 49503

    $674,900
    0.19 AC lot

    Two-unit property with separate utilities, basement laundry, off-street parking, and unfinished attic space on each side.

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    Remodeled Four-Unit Quadplex
    Remodeled Four-Unit Quadplex

    823 Benson Avenue NE, Grand Rapids, MI 49503

    $629,900
    0.34 AC lot

    Four updated units offer private laundry, off-street parking, and a practical residential income configuration.

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    Historic Mixed-Use Redevelopment Property
    Historic Mixed-Use Redevelopment Property

    1007 Wealthy St SE, Grand Rapids, MI 49506

    $475,000
    3,600 sqft

    Approved plans combine residential units with adaptable main-floor commercial space along Wealthy Street.

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    Duplex with Attached Garages
    Duplex with Attached Garages

    603 Clear Pointe Court SE, Grand Rapids, MI 49548

    $699,900
    0.47 AC lot

    The planned residences include separate garages, central air, and forced-air heating.

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    Duplex with Updated Upper Unit
    Duplex with Updated Upper Unit

    1057 Bridge Street NW, Grand Rapids, MI 49504

    $299,000
    0.10 AC lot

    A current City of Grand Rapids rental certificate accompanies two separately accessed units.

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    Renovated Historic Triplex
    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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    Two-Unit Duplex with Finished Basements
    Two-Unit Duplex with Finished Basements

    901/3 Mccarty Street NW, Grand Rapids, MI 49544

    $400,000
    0.39 AC lot

    Residential duplex with private patios, garage access, and additional finished living areas in both basements.

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    Triplex with Two Upper Apartments
    Triplex with Two Upper Apartments

    321 Madison Avenue SE, Grand Rapids, MI 49503

    $465,000
    0.17 AC lot

    The owner-occupied main residence is complemented by two tenant-occupied apartments upstairs.

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    Updated Up-and-Down Duplex
    Updated Up-and-Down Duplex

    939 Prospect Ave NE, Grand Rapids, MI 49503

    $249,900
    1,463 sqft

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

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    Two-Unit Carriage House
    Two-Unit Carriage House

    211 Charles Avenue SE, Grand Rapids, MI 49503

    $335,000
    0.20 AC lot

    Rear-lot duplex with wood siding, forced-air heating, driveway parking, and public sewer service.

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    Three-Unit Mixed-Use Property
    Three-Unit Mixed-Use Property

    1205 Bridge Street NW, Grand Rapids, MI 49504

    $649,900
    2,789 sqft

    The property combines a street-facing office with two apartments, including one- and three-bedroom layouts.

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    Occupied Duplex with Separate Utilities
    Occupied Duplex with Separate Utilities

    2435-2437 Edgewood Avenue SE, Grand Rapids, MI 49546

    $385,000
    0.22 AC lot

    Two residential units feature central air, private outdoor space, and tenant-paid utilities.

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    Multifamily Rental Property
    Multifamily Rental Property

    727 NW 6th Street NW, Grand Rapids, MI 49504

    $280,000
    2,412 sqft 0.13 AC lot

    Currently operated as a rental, the property is offered in as-is condition.

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    Renovated Triplex with Garage Parking
    Renovated Triplex with Garage Parking

    40 Lexington Avenue NW, Grand Rapids, MI 49504

    $1,195,000
    0.20 AC lot

    Renovated brick triplex with elevator access, outdoor areas, and shared garage amenities.

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    Updated Duplex with Rental Inspection
    Updated Duplex with Rental Inspection

    817 Veto St NW, Grand Rapids, MI 49504

    $295,000
    1,966 sqft

    Two-unit property with refreshed interiors and a current rental inspection.

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    Two-Unit Brick Duplex
    Two-Unit Brick Duplex

    4138 Norman Drive SE, Grand Rapids, MI 49508

    $395,000
    0.27 AC lot

    Both residences have four bedrooms, with different bathroom layouts.

    View details
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    Grand Rapids, MI Residential Income Properties Market Trends and Statistics

    Explore 234 residential income properties for sale in Grand Rapids, MI, showcased through 234 active listings on our real estate platform. These investment opportunities span a total of 650,851 square feet of properties for sale, with an estimated market value of $98,451,297.

    Sale prices for residential investment properties in Grand Rapids, MI start at $192,500, averaging $422,537, and reaching up to $1,999,999 — 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 239
    Duplexes 172
    Apartment buildings 17
    Quadplexes 17
    Triplexes 17

    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 average listing prices of real estate assets

    Neighborhood Average Price
    49534 $192.5K
    49507 $281K
    49544 $355K
    49506 $381.7K
    49504 $386.4K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Popular Searches in Grand Rapids, MI

    Popular Categories

    Most Searched ZIP Codes in Grand Rapids, MI

    • 49503
    • 49504
    • 49507
    • 49506
    • 49505
    • 49508
    • 49546
    • 49501
    • 49544
    • 49548
    • 49512
    • 49534

    Featured Grand Rapids Real Estate Agencies

    Realmo connects you with licensed Grand Rapids CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Greenridge Realty Inc.
    3115 Orchard Vista Dr. S.E. Grand Rapids, MI 49546
    Phone: (616) 974-5042
    www.greenridge.com/
    Grand Rapids Market Center East
    630 Kenmoor se Grand Rapids, MI 49546
    Phone: (616) 575-1800
    DeBartolo Realty
    3420 Remembrance Rd NW Grand Rapids, MI
    Phone: (616) 459-3581
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