$640,000

3241 Marshall Avenue 3241 marshall avenue avenue, kentwood, MI 49508

Property Description
Fantastic Investment Opportunity! This well-maintained apartment building features three fully turnkey 2-bedroom, 1-bath units each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. All units are consistently occupied with month-to-month leases, providing excellent income and flexibility for future ownership. Tenants pay their own electric. Recent 2024 updates include a brand new roof on both the main building and garage port, a fully remodeled Unit 2, new front and back doors with security locks, updated electrical, freshly renovated common hallways, and the addition of a coin-operated laundry area. The entire property has been freshly painted inside and out, with upgraded landscaping, new mailboxes, exterior security lighting, and a full camera system covering outdoor areas and interior hallways. All units will be made available for inspection after an accepted offer.
General Information
Price: $640,000
Price/SqFt: $184
Status: Active
MLS#: 20251010448
City: grand rapids
Post Office: kentwood
Schools: grand rapids
County: Kent
Subdivision: green acres #1
Acres: 0.3
Lot Dimensions: 84X154
Bedrooms:0
Bathrooms:4   (4 full, 0 half)
Size: 3,472 sq.ft.
Acreage: 0.3 est.
Year Built: 1964
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior:  Brick
Basement:  0
Heating:  Baseboard
Tax, Fees & Legal
Est. Summer Taxes:  $8,287
Est. Winter Taxes:  $327
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Fadia Awdish of RE/MAX Classic, Phone: (248) 737-6800
(810) 240-4800 Call Jack Walker III for more information about this property.

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Jack Walker III
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(810) 240-4800

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(810) 600-2181