3241 Marshall Avenue Se, Grand Rapids, MI 49508

Grand Rapids
Local realty services provided by:ERA Reardon Realty
3241 Marshall Avenue Se,Grand Rapids, MI 49508
$599,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: vung l mang
Office: vj real estate
MLS#:25060041
Source:MI_GRAR

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Price summary

  • Price:$599,900

About this home

Owner occupied or Investment Opportunity! Welcome to 3241 Marshall Ave SE, a well-maintained and income-producing apartment building offering immediate cash flow and long-term upside. This solid property features three turnkey 2-bedroom, 1-bath units, each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. One 2-bedroom unit is currently vacant for showings, making it ideal for owner-occupants or investors looking to fill at market rent. All units are occupied on month-to-month leases, providing excellent stability with the flexibility for future adjustments. Tenants are responsible for their own electric and trash, further maximizing net income for the new owner. Recent 2024 upgrades elevate the building's appeal and reduce future maintenance costs, including: Brand new roofs on both the main building and garage port -Fully updated Unit # 2 -New front and back doors with enhanced security locks -Updated electrical systems -Updated common hallwa...

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Home facts

  • Year built:1964
  • Listing ID #:25060041
  • Added:105 day(s) ago
  • Updated:February 21, 2026 at 07:41 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Daylight

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Year built:1964
  • Construction Materials:Brick

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,900
  • Tax amount:$8,843 (2025)

Parking

  • Total parking spaces:5

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