Advertise
    Grand Rapids, MI
    Residential Income

    Grand Rapids, MI Residential Income Properties for Sale

    Notify Me
    List
    Map
    Belmont, MI Comstock Park, MI East Grand Rapids, MI Ada, MI Kentwood, MI Rockford, MI Wyoming, MI Walker, MI
    178 properties
    Sort:
    Renovated Mixed-Use Property
    Updated: Jul 21
    Renovated Mixed-Use Property

    1205 Bridge Street NW, Grand Rapids, MI 49504

    $649,900
    2,789 sqft 0.11 AC lot
    Three separate units: street‑level retail or office space, 1 bed/1 bath apartment, and 3 bed/1 bath apartment
    2,789 square feet on 0.11 acres
    Four off‑street parking spaces
    Fully renovated interiors with updated finishes
    Located at 1205 Bridge Street NW, Grand Rapids, MI 49504
    View details
    Renovated Mixed-Use Building
    Updated: Jan 15
    Renovated Mixed-Use Building

    953 Fulton Street E, Grand Rapids, MI 49503

    $1,050,000
    4,614 sqft 0.05 AC lot
    4,614‑square‑foot mixed‑use building on 0.05 acres
    Retail area configured for a market and hair salon
    Two remodeled apartments included
    New roof backed by a 20‑year warranty
    Updated plumbing and electrical systems with new HVAC
    View details
    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

    The property combines a commercial unit with two attached apartments, all currently occupied.

    View details
    See what stands out in Kent County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    1205 Bridge St NW, Grand Rapids, MI 49504

    $649,900
    2,789 sqft

    Updated commercial and residential spaces create a flexible live-work or income-producing configuration.

    View details
    Remodeled Four-Unit Quadplex
    Remodeled Four-Unit Quadplex

    823 Benson Avenue NE, Grand Rapids, MI 49503

    $645,000
    0.34 AC lot

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

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    623 Cherry Street SE, Grand Rapids, MI 49503

    $689,900
    0.39 AC lot

    Historic multifamily property with consistent one-bedroom layouts and dedicated off-street parking.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    View details
    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    900 College Ave NE, Grand Rapids, MI 49503

    $745,000
    2,595 sqft

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

    View details
    Updated Duplex with Private Garage
    Updated Duplex with Private Garage

    900 Fountain Street NE, Grand Rapids, MI 49503

    $325,000
    0.11 AC lot

    Two renovated apartments offer separate utilities, shared laundry, a private driveway, and outdoor space near downtown amenities.

    View details
    Two-Unit Duplex with Finished Basements
    Two-Unit Duplex with Finished Basements

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

    $425,000
    0.39 AC lot

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

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    623 Cherry St SE, Grand Rapids, MI 49503

    $689,900
    3,017 sqft

    Five 1-bed, 1-bath units with off-street parking, currently generating stated monthly rent.

    View details
    Ranch-Style Duplex with Garage
    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.

    View details
    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    1054 Ionia Avenue SW, Grand Rapids, MI 49507

    $459,900
    0.11 AC lot

    Brick multifamily property with matching layouts, one vacant unit, and established rental occupancy.

    View details
    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.

    View details
    Historic Duplex Carriage House
    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.

    View details
    Character-Rich Two-Unit Duplex
    Character-Rich Two-Unit Duplex

    745 Prospect Avenue SE, Grand Rapids, MI 49503

    $309,900
    0.10 AC lot

    Historic two-unit property with separate laundry and storage areas, plus a vacant upper residence suited to owner occupancy.

    View details
    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.

    View details
    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.

    View details
    Updated Up-and-Down Duplex
    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.

    View details
    Duplex with Detached Garage
    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.

    View details
    Historic Quadplex with Pool
    Historic Quadplex with Pool

    304 Paris Avenue Southeast, Grand Rapids, MI 49503

    $750,000
    1,060 sqft

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

    View details
    Historic Duplex on Nearly Acre
    Historic Duplex on Nearly Acre

    4550 Bowen Boulevard SE, Grand Rapids, MI 49508

    $409,900
    0.96 AC lot

    Two residential units feature original architectural character, natural light, and comfortable living areas.

    View details
    Four-Story Apartment Building with Office
    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.

    View details
    Duplex with Unfinished Attic
    Duplex with Unfinished Attic

    1215 Lake Drive SE, Grand Rapids, MI 49506

    $499,900
    0.15 AC lot

    One apartment is vacant, while the other is occupied under a month-to-month lease.

    View details

    Grand Rapids, MI Residential Income Properties Market Trends and Statistics

    Explore 178 residential income properties for sale in Grand Rapids, MI, showcased through 178 active listings on our real estate platform. These investment opportunities span a total of 833,191 square feet of properties for sale, with an estimated market value of $89,568,697.

    Sale prices for residential income properties in Grand Rapids, MI start at $192,500, averaging $506,037, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 182
    Duplexes 130
    Apartment buildings 19
    Triplexes 13
    Quadplexes 12

    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 $268.7K
    49544 $284.9K
    49548 $360.5K
    49506 $407.1K

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Grand Rapids, MI

    Popular Categories

    Most Searched ZIP Codes in Grand Rapids, MI

    • 49504
    • 49503
    • 49507
    • 49506
    • 49505
    • 49508
    • 49548
    • 49546
    • 49501
    • 49544
    • 49512
    • 49525

    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: 16169745042
    www.greenridge.com/
    Berkshire Hathaway HomeServices Michigan Real Estate
    3000 E Beltline NE Grand Rapids, MI 49525
    Phone: 18778087007
    www.BHHSMichiganRealEstate.com

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!