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Listed price in listed location currency (USD).
$599,900

745

MLS® 25060041

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $8,843
Lot Size 0.3 acres
Approx. Age 1964
MLS® Number 25060041

Property Address: 3241 Marshall Ave Se, Grand Rapids, MI, 49508-2489

Average square foot calculated using Size range provided by listing agent.

Description

Owner occupied or Investment Opportunity! Welcome to 3241 Marshall Ave SE, a well-maintained and income-producing apartment building offering immediate cash flow and long-term upside. This solid property features three turnkey 2-bedroom, 1-bath units, each renting for $1, 300/month, and one 1-bedroom, 1-bath unit renting for $1, 100/month. One 2-bedroom unit is currently vacant for showings, making it ideal for owner-occupants or investors looking to fill at market rent. All units are occupied on month-to-month leases, providing excellent stability with the flexibility for future adjustments. Tenants are responsible for their own electric and trash, further maximizing net income for the new owner. Recent 2024 upgrades elevate the building's appeal and reduce future maintenance costs, including: Brand new roofs on both the main building and garage port -Fully updated Unit # 2 -New front and back doors with enhanced security locks -Updated electrical systems -Updated common hallwa ys -New coin-operated laundry area -Fresh interior and exterior paint -Updated landscaping -New mailboxes & exterior security lighting -Full camera system covering outdoor areas and interior hallways This is a clean, professionally updated building in strong rental conditionperfect for both seasoned investors and first-time multifamily buyers. Three of the occupied units will be made available for walkthrough after an accepted offer. Don't miss this chance to add a high-performing property to your portfolio!
MLS® Number25060041
Laundry Level
Central VacNo
FireplaceNo
Acreage0.3
Exterior
GarageNo
Approx. Age1964
BasementDaylight
DrivewayConcrete, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
-Sold Price

Pending

Nov 28, 2025List Date
$599,900List Price
  • Commute

Commute

Starting Address
Destination Address
3241 Marshall Ave Se, Grand Rapids, MI

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