MLS # 26014136 (Michigan Regional Information Center (MichRIC))

Updated duplex in a strong rental corridor just minutes from downtown Grand Rapids, currently generating $3,095/month in gross rental income. The lower 4-bedroom, 1-bath unit is leased at $1,895/month, while the upper 2-bedroom, 1-bath unit is leased at $1,200/month, providing immediate cash flow from day one. Both units have been fully renovated with modern finishes, complemented by new windows throughout and a newer roof on the rear portion of the home. Solid unit mix with strong rental appeal and consistent tenant demand. Tenants pay gas, electric, and trash, helping reduce owner expenses. Located near major highways, downtown employers, shopping, and restaurants, this property offers a compelling investment opportunity with strong income potential and long-term upside.
Source: SparkMLS
Listed at $319,900.
Annual property taxes run approximately $6,052 ($504/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
N 1/2 OF LOT 8 BLK 4* L G MASON & CO S SUB* OF W 1/2 OF NW 1/4 OF SECTION 24 T 7 N R 12 W
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by James Hocking
Smallegan Real Estate
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1010 Alpine Avenue NW, Grand Rapids, MI 49504
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Municipality
Grand Rapids
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