About This Home

This 5-bedroom, 0-bathroom residential multi family at 939 Prospect Avenue NE in Grand Rapids, MI is listed for $249,900. Built in 1900, on a 0.10 acres lot.

Key Features

  • Built in 1900
  • 0.10 acre lot
  • 2 parking spaces

Property Details

2 full
2 spaces
1900
Listing Description

Up/down duplex opportunity in one of Grand Rapids' most desirable rental corridors. This multi-family property features two units, including a 3-bedroom, 1-bath upper unit and recent rents at $1,395. The main level offers a 2-bedroom, 1-bath with recent rent of $1,295.

Both units are vacant allowing an investor to immediately set market rent or an owner-occupant to move in while offsetting their mortgage. Major capital improvements have already been completed, including a new roof, replacement windows, updated electrical with separate meters and panels, and an updated upper unit bathroom.

While there is no in-unit laundry, the property features off-street parking in the rear with alley access, adding convenience and tenant appeal. Located within walking distance to Belknap Park and Griffs Icehouse and less than a mile from the Medical Mile. Easy access for showings. Property management can remain in place making this a truly turn key opportunity.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

939 Prospect Avenue NE

Grand Rapids, MI 49503

Property Details

Construction

Aluminum Siding

Heating

Forced Air

Questions & Answers

This 5-bedroom, 0-bathroom residential multi family at 939 Prospect Avenue NE is listed at $249,900. The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.10 acre lot, 2 parking spaces.

This property is listed by Chris M Good.

CG

Chris M Good

Agent at United Realty Services LLC

Listed by United Realty Services LLC · Broker phone: (616) 965-2304 · View on Broker Site · Broker website

MLS# 26020372· Source: Michigan Regional Information Center, LLC.· 179 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

939 Prospect Avenue NE, Grand Rapids, MI 49503

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