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1012 Prospect Avenue SE, 
Grandrapids, MI 49507

$350,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Pending

Listed by

Tedros T Fremichael

Grand River Realty

616-389-0881

Last updated:

January 11, 2026, 08:45 AM

MLS#

65025061399

Source:

MI REALCOMP

About This Home

1012 Prospect Avenue SE

Investment Opportunity in Grand Rapids!Welcome to 1012 Prospect Avenue SE, a large and 4-plex located in the Baxter/SE Grand Rapids area. Each unit offers three bedrooms and one full bathroom. Current rents include Unit 1 at $1,400, Unit 2 at $1,300, Unit 3 with previous rent at $1,400 (vacant), and Unit 4 at $1,300. The property features separate utilities and convenient off-street parking. Three of the four units are presently occupied with month-to-month tenants, offering immediate income and flexibility for future improvements or rent adjustments. Situated close to schools, parks, shopping, and public transit, this property delivers steady cash flow with significant potential for value growth. Property sold as is. Showing all 4 units Saturday 20th only. Offers received, offer deadline 6pm Sat 20th.

Home Facts

Multi-Family

Built in 1900

Price Summary

350,000

MLS #:

65025061399

Last Updated:

January 11, 2026, 08:45 AM

Added:

a month ago

Structure

Structure

Year Built:

1900

Lot

Lot Size (Sq. Ft):

6,534

Finances & Disclosures

Finances

Price:

$350,000

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.