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$624,900
122 Days On Site

125 Eastern Avenue SE
Grand Rapids, MI 49503

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1878
Built
County:
Kent
Listing courtesy of Michael Smallegan of Keller Williams GR North
125 Eastern Avenue SE125 Eastern Avenue SE125 Eastern Avenue SE125 Eastern Avenue SE
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Monthly Payment (Est.)

$2,851
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Seller offering 3% in concessions. Incredible income property in a prime location! This 4-unit gem, fully rented, offers outstanding cash flow and a range of impressive upgrades that enhance value and appeal. Recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, fresh paint; new double-pane vinyl windows with aluminum wrap; total plumbing overhaul with PEX. Original water heater has been replaced by 4 dedicated units, 1 per apartment. In-unit laundry added to Units #1 & #2; Units #3 & #4 enjoy shared laundry in basement. Other updates include: new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, newly installed gutters and downspouts on north and south sides. Property is well-maintained and thoughtfully upgra Seller offering 3% in concessions. Incredible income property in a prime location! This 4-unit gem, fully rented, offers outstanding cash flow and a range of impressive upgrades that enhance value and appeal. Recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, fresh paint; new double-pane vinyl windows with aluminum wrap; total plumbing overhaul with PEX. Original water heater has been replaced by 4 dedicated units, 1 per apartment. In-unit laundry added to Units #1 & #2; Units #3 & #4 enjoy shared laundry in basement. Other updates include: new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, newly installed gutters and downspouts on north and south sides. Property is well-maintained and thoughtfully upgraded to attract and retain tenants. Don't miss this fantastic investment opportunity! All offers due by 11/25 at 4pm.

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Listing Snapshot
Price 
$624,900
Days On Site 
122 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1878
MLS® Number 
24059658
Status 
Active
Property Tax 
$7,399.65
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoPrice changed to $624,900
4 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Acres 
0.1
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Natural Gas AvailableElectricity AvailableCable AvailableNatural Gas ConnectedElectricity ConnectedCable ConnectedWater AvailableSewer Available
Water Source 
Public
Zoning 
Residential
Interior Features
Fireplace 
Yes
Fireplaces 
1
Heating 
Natural GasForced AirBaseboard
Laundry Features 
Laundry RoomCommon AreaIn BasementIn Unit
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Exterior Features
Construction Details 
Vinyl Siding
Lot Features 
Corner Lot
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Grand Rapids - G
School District 
Grand Rapids
Township 
City of Grand Rapids
Schools
School District
Grand Rapids
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Michael Smallegan of Keller Williams GR North



Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MichRIC MLS.
Last checked: 2025-03-17 12:44 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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