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3201 Marshall Avenue Grand Rapids, MI 49508-2424
3,464 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,464 sqft
Price per Sqft $169
Subdivision Mi
MLS Listing ID 70516918
Year Built 1966
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 81 X 185
Property Sub-Type Multi-Family
Property Description
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 strong investment potential. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, 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 averages approximately $150/month and water approximately $200/month. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximate
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Hot Water
Exterior
Exterior Feature Brick
Building
Foundation Basement
Structure Type Brick
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA
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Listed by Lake Michigan Realty Mgmt