Pending
816 6th Street NW, Grand Rapids, MI 49504
$275,000
MLS # 26023667 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19000.07 acres
1 / 26
Listing Description
Fantastic investment opportunity on the NW side of Grand Rapids producing $3,120/month in gross rental income. This duplex features two 2-bedroom, 1-bath units totaling approximately 1,460 square feet and offers stable cash flow with demonstrated rental performance throughout 2024 and 2025. The lower unit features a traditional layout with separate gas forced-air heat and tenant-paid gas and electric, while the upper unit is configured for per-bedroom rental with landlord-paid utilities. Major capital improvements include a roof replacement approximately 10 years ago. Conveniently located near downtown Grand Rapids, shopping, restaurants, parks, and major commuter routes. Solid opportunity for investors seeking a stabilized asset with immediate cash flow in a high-demand rental market.
Source: SparkMLS
About this home
Currently offered at $275,000.
Estimated annual property tax: $1,464, or about $122 monthly. 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.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.07 acres
Year Built1900
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49504
CountyKent
School DistrictGrand Rapids
Construction & Systems
ConstructionWood Siding
BasementFull
HeatingForced Air, Space Heater
UtilitiesPhone Connected, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed6/30/2026
Terms AcceptedVA Loan, FHA, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,464
Tax Year2025
State Equalized Value$96,100
Taxable Value$29,116
Assessed Value$28,351
Parcel #411323431004
Source: Public Records
Legal Description
LOT 4* J C WOOD SUBD N* OF LOTS 3 & 4 BLK 6 VAN BUREN & TURNER S ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Paul Straub
Five Star Real Estate (Grandv)
Frequently Asked Questions about 816 6th Street NW, Grand Rapids, MI 49504
Which school district serves 816 6th Street NW, Grand Rapids, MI 49504?
Per MLS# 26023667, 816 6th Street NW, Grand Rapids, MI 49504 is in the Grand Rapids boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Grand Rapids directly to confirm enrollment eligibility.
What financing options are available for 816 6th Street NW, Grand Rapids, MI 49504?
Per MLS# 26023667, this listing accepts VA Loan, FHA, Cash, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 816 6th Street NW, Grand Rapids, MI 49504?
Per public tax records, annual property taxes for this property are $1,464 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 816 6th Street NW, Grand Rapids, MI 49504 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 816 6th Street NW, Grand Rapids, MI 49504 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 816 6th Street NW, Grand Rapids, MI 49504?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the City of Grand Rapids police department or the Kent County sheriff's office.
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Monthly payment$1,784
Principal & interest$1,784
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
816 6th Street NW, Grand Rapids, MI 49504
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Municipality
Grand Rapids
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