- 0
- 5
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
2 days ago
Street View
$499,000
Monthly Est:$2,484
-- Bed
-- Bath
3,082sqft
27 Colfax St NE, Grand Rapids, MI 49505
$499,000
$2,484/moEst:
Get Pre-Approved
Multi Family
Built in 1875
$-- HOA
6,969.6 sqft lot
$162/sq.ft
Description
Excellent investment opportunity in growing NE Grand Rapids! This City-certified 4-unit multifamily property is 100% occupied with great tenants and all leases secured through July 2027, providing immediate cash flow and a smooth transition for the next owner. Current gross rents total $5,005/month ($60,060 annually), putting the property right around the desirable 1% rent-to-price benchmark. Many updates have been completed throughout the units, making this a strong addition to an investor's portfolio. The property also features a large backyard, alley access, and street frontage. With established tenants, strong current rents, City certification until 09/08/2029, and lo...
Continue Reading- Houzeo last checked: 4 minutes ago
- Listing updated: September 16, 2026 at 6:06 pm
- Listing Provided by: Timothy J VandenToorn (616) 450-6018 | United Realty Services LLC (616) 965-2304
- Source: Realcomp MLS-MI | MLS#: 65026049304
- Originating MLS: Greater Regional Alliance of REALTORS
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1875
HOA Fees
-
Finished Area
3,082 sqft
Lot Size
6,969.6 sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
65026049304
MLS Status
Active
Days on Market
2
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Forced Air, Natural Gas
Sewer
Public Sewer, Sewer At Street
Construction
Year Built
Year Built: 1875
Home type
Multi Family
Roof
Composition
Construction Materials
Aluminum Siding
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Laundry Features
Common Area, Laundry Room
Water Source
Public
Other Features
Community Features
Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
09/16/2026 Source: | Listed for Sale | $499,000 $162/sqft |
Creston Ranks #4 in Grand Rapids, MI
Homes
Rental Prices
Median Home Price
Nearby Homes
Find Homes by Property Features in Grand Rapids, MI
Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Sep 18, 2026, 05:15PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
Advertising Broker: Andover Real Estate | Andover Real Estate
Love this home?
Here's 4 things you can do
Your local real estate expert. Speak directly with agent about the home & pricing.
Book your private tour
as early as Today at 03:30 PM
Rates starting from 6.3%. Secure financing early to move quickly when you're ready.
Fastest way to get your offer in. Speak directly with agent to negotiate the offer.
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
