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Property view

1012 Prospect, 
Grand Rapids, MI 49507

$351,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Tedros Fremichael

Grand River Realty

616-389-0881

MLS#

70508046

Source:

MI REALSOURCE

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About This Home

1012 Prospect

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

351,000

MLS #:

70508046

Sold:

January 27, 2026


Structure

Structure

Year Built:

1900


Lot

Lot Size (Sq. Ft):

6,534


Finances & Disclosures

Finances

Price:

$351,000

Source:MI REALSOURCE
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