Brad Glowe - Arterra Realty Logo
$370,000
 $1,986 est/mo Sourced by Back At You
Source MLS Verified

1246 Alpine Avenue NW,Grand Rapids, MI 49504

Grand Rapids, MI 49504

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Description

An opportunity to own two duplexes on one parcel in Grand Rapids' booming West Grand neighborhood! This strategically priced four-unit multifamily asset is generating $3,695 per month in gross rents, providing investors an attractive entry point into the thriving rental market. The front duplex offers a 2-bed/1-bath lower unit and 3-bed/1-bath upper unit with newer roof and vinyl siding. The rear duplex includes a 1-bed/1-bath lower unit and 2-bed/1-bath upper unit with additional upside potential through future improvements. Conveniently located near downtown Grand Rapids, Alpine Avenue, Bridge Street, shopping, dining, breweries, and neighborhood amenities, making it attractive to both current and future tenants. A rare opportunity to acquire a four-unit investment property in one of the city's fastest-growing rental markets. Looking for more? 1242 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.

Details

MLS #26028898
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1910
Days On Site117
Listing Provided ByEdison Brokers & Co LLC | Kyle P Naumann

Features

BasementY
Units4
Building(s)2
Zoning401 Res Improve
Acreage0.14

Taxes

Property3579

Area Information

StateMI
CountyKent
CityGrand Rapids
Zip Code49504
School DistrictGrand Rapids
High SchoolGrand Rapids
Listing VS Median (in 49504)
Price:
$370,000
low | high
Med:
$309,450
66.364864864865% of Average
On site:
117
low | high
Med:
90
100% of Average
Sourced by Back At You

Market Activity 49504

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Contact

Learn More About This Property

Brad Glowe

Brad Glowe

Arterra

 (586) 651-0337brad.glowe@arterrarealty.com
StateMI
CountyKent
CityGrand Rapids
Zip Code49504
School DistrictGrand Rapids
High SchoolGrand Rapids
Listing VS Median (in 49504)
Price:
$370,000
low | high
Med:
$309,450
66.364864864865% of Average
On site:
117
low | high
Med:
90
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $277K - $462K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1246 Alpine Avenue Property Photo 1
$370,000
1246 Alpine Avenue
Grand Rapids, MI 49504
Listing Updated: September 29, 2026 at 5:10:41 AM PDT