Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
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$ 350,000
Est. payment | /mo

6,534 Sqft Lot


Save
$ 350,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70508046

Year Built 1900

Annual Tax Amount $4,024

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 46 X 140

Property Sub-Type Multi-Family

Property Description

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.

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Residential

Rooms

Basement MI Basement

Interior

Heating Forced Air

Cooling None

Exterior

Exterior Feature Other

Building

Foundation Basement

Structure Type Other

Schools

School District Grand Rapids City School District

Others

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Grand River Realty

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    John Ball Park Zoo School

    Public | 6 - 6

  • 8

    Wealthy School

    Public | PK - 5

  • 7

    West Godwin Elementary School

    Public | PK - 4

  • 5

    Wyoming Intermediate School

    Public | 5 - 6

  • 5

    Grand Rapids Child Discovery Center

    Public | KG - 5

  • 5

    Vista Charter Academy

    Public | KG - 8

  • 5

    Congress Elementary School

    Public | PK - 5

  • 4

    Sibley School

    Public | PK - 5

  • 4

    Southwest Community Campus School

    Public | KG - 8

  • 4

    Burton Elementary School

    Public | PK - 5

  • 4

    North Godwin Elementary School

    Public | PK - 4

  • 4

    River City Scholars Charter Academy

    Public | KG - 8

  • 4

    William C. Abney Academy Elementary School

    Public | KG - 5

  • 3

    Michigan Virtual Charter Academy

    Public | KG - 12

  • 3

    Brookside School

    Public | KG - 5

  • 3

    Grand Rapids Montessori Public School

    Public | PK - 12

  • 3

    Dickinson School

    Public | PK - 8

  • 3

    Martin Luther King Leadership Academy

    Public | PK - 8

  • 3

    Ken-O-Sha Park Elementary School

    Public | PK - 5

  • 2

    Godfrey Elementary School

    Public | 3 - 5

Middle Schools 8
  • 5

    Lee Middle School

    Public | 6 - 8

  • 3

    Grand Rapids University Preparatory Academy

    Public | 6 - 12

  • 2

    William C. Abney Academy - Middle School

    Public | 6 - 8

  • 1

    Burton Middle School

    Public | 6 - 8

  • 0

    Southeast Career Pathways

    Public | 8 - 12

  • 0

    Alger Middle School

    Public | 6 - 8

  • 0

    Transition Center at Mayfield

    Public | 6 - 12

  • 0

    Plymouth Christian High School

    Private | 7 - 12

High Schools 15
  • 6

    Wellspring Preparatory High School

    Public | 9 - 12

  • 4

    Wyoming High School

    Public | 10 - 12

  • 3

    Lee High School

    Public | 9 - 12

  • 3

    Nexus Academy of Grand Rapids

    Public | 9 - 12

  • 3

    Godwin Heights Senior High School

    Public | 9 - 12

  • 2

    Ottawa Hills High School

    Public | 9 - 12

  • 0

    East Lee Campus

    Public | 9 - 12

  • 0

    West Michigan Lutheran High School

    Private | 9 - 12

  • 0

    Covenant House Academy Grand Rapids

    Public | 9 - 12

  • 0

    Catholic Central High School

    Private | 9 - 12

  • 0

    Catholic Secondary Schools

    Private | 9 - 12

  • 0

    Godwin Heights Learning Center

    Public | 9 - 12

  • 0

    Innovation Central High School

    Public | 9 - 12

  • 0

    Grand Rapids Learning Center

    Public | 9 - 12

  • 0

    Grand Rapids Christian High School

    Private | 9 - 12

School and business data provided by Attom Data.
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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1012 Prospect Avenue