Grand Rapids, MI 49508 3201 Marshall Avenue SE
$620,000



20 more





















Presented By: Javier Rodriguez at Lake Michigan Realty Mgmt - (616) 438-9082
Home Details
Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and investment potential. This solid multi-unit building features major mechanical upgrades completed in 2024, including a brand new high-efficiency boiler, updated plumbing, and a new hot water heater — all designed to reduce ongoing maintenance and lower utility costs (current gas bill is only $150/month). 9Water 200 per month)One of the units, 3201, has been fully remodeled with a brand new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. It rents for $1,250/month and includes all utilities. The property also offers excellent amenities such as a 5-stall garage, additional storage shed, coin-operated laundry generating approximately $50/month, and a private backyard space. Tenants enjoy comfortable layouts, inviting vinyl flooring, a charming front porch, and basement storage rooms. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property provides flexibility, stability, and strong income. high-performing property in a desirable location. All major systems have been recently upgraded, offering peace of mind and reduced operating costs. This is truly a turn-key investment that shows pride of ownership and consistent cash flow. Don't miss your chance to own a clean, updated building with great tenants, strong rental income, and excellent long-term potential
Presented By: Javier Rodriguez at Lake Michigan Realty Mgmt - (616) 438-9082
Interior Features for 3201 Marshall Avenue SE
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1
General for 3201 Marshall Avenue SE
Additional Parcels Y/NNo
Attached Garage No
CityGrand Rapids
Construction MaterialsBrick
CoolingWall Unit(s)
CountyKent
DirectionsEastern to 33rd, E on 33rd to Marshall
HeatingHot Water
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 16 EX THE S 3 FT THEREOF* GREEN ACRES PLAT NO 1
Listing TermsCash, Conventional
Lot Size Square Feet14810.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2025-08-03T06:41:47Z
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
OwnerPaysTrash Collection, Water, Sewer, Gas
PossessionClose Of Escrow, Subject To Tenant Rights
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7462.43
Tax Assessed Value148360
Tax Year2024
Tenant PaysElectric
TownshipCity of Grand Rapids
UtilitiesNatural Gas Connected
Year Built1966
Zoning DescriptionRES
Exterior for 3201 Marshall Avenue SE
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions81X185
Lot Size Acres0.34
Lot Size Area0.34
Number of Buildings1
Parking FeaturesPaved
Road Surface TypePaved
SpaNo
Total Parking5.0
Waterfront Y/NNo
Additional Details
Price History

Tam Huynh
Realtor