1012 Prospect Avenue Se, Grand Rapids, MI 49507

Grand Rapids
Local realty services provided by:ERA Greater North Properties
1012 Prospect Avenue Se,Grand Rapids, MI 49507
$351,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: tedros t fremichael
Office: grand river realty
MLS#:25061399
Source:MI_GRAR

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Price summary

  • Price:$351,000

About this home

Investment Opportunity in Grand Rapids! Welcome to 1012 Prospect Avenue SE, a large and 4-plex located in the Baxter/SE Grand Rapids area. Each unit offers three bedrooms and one full bathroom. Current rents include Unit 1 at $1,400, Unit 2 at $1,300, Unit 3 with previous rent at $1,400 (vacant), and Unit 4 at $1,300. The property features separate utilities and convenient off-street parking. Three of the four units are presently occupied with month-to-month tenants, offering immediate income and flexibility for future improvements or rent adjustments. Situated close to schools, parks, shopping, and public transit, this property delivers steady cash flow with significant potential for value growth. Property sold as is. Showing all 4 units Saturday 20th only. Offers received, offer deadline 6pm Sat 20th.

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Home facts

  • Year built:1900
  • Listing ID #:25061399
  • Added:87 day(s) ago
  • Updated:February 21, 2026 at 07:41 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Michigan Basement

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Construction Materials:Shingle Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$351,000
  • Tax amount:$4,025 (2025)

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