1230-1246 Alpine Avenue NW, Grand Rapids, MI 49504 (MLS # 26013335)
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High-Yield 13-Unit Portfolio | 0.6 Acres in Downtown Grand Rapids Rare opportunity to acquire a stabilized, cash-flowing asset in the heart of Grand Rapids. This C+/B- class portfolio features 13 units spread across 6 homes on adjoining parcels, totaling 0.6 acres. With over $140,000 in annual gross rent and a history of low vacancy, this is a turnkey 'workforce housing' play. Major CapEx has already been addressed: all homes feature new roofs and the majority of furnaces have been recently updated. Controlled expenses and a prime location make this a premier addition to any institutional or private portfolio.
| DAYS ON MARKET | 8 | LAST UPDATED | 4/2/2026 |
|---|---|---|---|
| YEAR BUILT | 1888 | COUNTY | Kent |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Grand Rapids |
|---|
| ADDITIONAL DETAILS | |
| BASEMENT | Full, Other, Yes |
|---|---|
| CONSTRUCTION | Other, Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.6 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 194x134 |
| PARKING | Paved, Unpaved, Shared Driveway |
| SEWER | Public Sewer |
| TAXES | 12404.16 |
| UTILITIES | Natural Gas Available, Phone Available, Electricity Available, Natural Gas Connected, Sewer Available, Water Available |
| WATER | Public |
| ZONING | COMM-IMP |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by EXP Realty (Grand Rapids), Ryan Ogle
Copyright 2026 MichRIC, LLC. All rights reserved.
Updated 4/9/26 2:30 AM PDT
Information Deemed Reliable But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
