1053 1055 3rd Street NW, Grand Rapids, MI 49504 (MLS# 26002440)

1053 1055 3rd Street NW, Grand Rapids, MI 49504

$725,000

Property Type: Multi Family Lot Size (sq. ft.): 3,554 Status: Active

Current Price: $725,000 List Date: 1/20/2026 Last Modified: 2/13/2026

Overview

Description

Well-maintained 3-unit income property located in the heart of Grand Rapids' west side. This property features 3 residential units across 2 separate buildings, offering flexibility for investors or owner-occupants. Situated on a 60 ft road frontage lot, the parcel provides approximately 2,942 sq ft of total building area and ample off-street parking with up to 6 spaces. The property includes basement space, separate living areas, and multiple unit layouts. Conveniently located near downtown Grand Rapids, major highways, public transportation, schools, and local amenities.

Listing Details MLS# 26002440

Location Property Info

County: Kent
Street #: 1053
Street Name: 3rd
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 5081

General Property Info

Lot Measurement: Acres
Lot Square Footage: 3554
Lot Acres: 0.08
Lot Dimensions: 60 X 104
Year Built: 1870
New Construction: No
Financial Available: No
Financial Comments: Cash, Conventional
Cert of Compliance: No
Road Frontage: 60
Total # Units: 3
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 2942
Total Parking Spaces: 6
Waterfront: No
School District: Grand Rapids
Basement: Yes

Tax Info

Tax ID #: 41-13-23-412-033
Taxable Value: 53304
SEV: 165400
For Tax Year: 2025
Seller's Annual Property Tax: 2340.26
Tax Year: 2025
Spec Assessment & Ty: N/A
Zoning: TN-TBA
Homestead %: 0

Remarks Misc

Directions: U.S. 196 to Lane Ave, North to 3rd St NW, West to address

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: 1053
SqFt: 772
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 0
Deck/Patio: Yes
Dishwasher: Yes
Garage: Yes

Unit 2

Unit #: 1055
Unit Description: Apto 1
SqFt: 931
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 0
Deck/Patio: Yes
Dishwasher: Yes
Garage: Yes

Unit 3

Unit #: 1055
Unit Description: Apto 2
SqFt: 884
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 0
Range/Oven: Yes
Dishwasher: Yes
Garage: Yes

Location & Property Info

Modifier: 1055
Cross Streets: Pine Av NW & 3rd St NW
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 246.43

Remarks & Misc

Public Remarks: Well-maintained 3-unit income property located in the heart of Grand Rapids' west side. This property features 3 residential units across 2 separate buildings, offering flexibility for investors or owner-occupants. Situated on a 60 ft road frontage lot, the parcel provides approximately 2,942 sq ft of total building area and ample off-street parking with up to 6 spaces. The property includes basement space, separate living areas, and multiple unit layouts. Conveniently located near downtown Grand Rapids, major highways, public transportation, schools, and local amenities.
Legal: LOT 4* G M BARKERS SUBDIVISION

Water Type

Other: Yes

Lot Description

Wooded: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes
Public Sewer: Yes
Public Water: Yes
Storm Sewer: Yes
None: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

Common Area: Yes
Laundry Room: Yes

Exterior Material

Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Tenant Pays

None: Yes

Driveway

Paved: Yes

Substructure

Full: Yes

Owner Pays

None: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: Common Area; Laundry Room Water Type: Other Exterior Material: Wood Siding Roofing: Composition Substructure: Full Lot Description: Wooded Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer; None Owner Pays: None Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Driveway: Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Deck/Patio; Dishwasher; Garage Unit 2: Deck/Patio; Dishwasher; Garage Unit 3: Range/Oven; Dishwasher; Garage

Documents

Seller's Disclosure ›

Delays & Coming Soon ›

Lead Based Paint ›

Listing Office: Lake Michigan Realty Mgmt

Listing Agent: Javier Rodriguez

Last Updated: February - 13 - 2026

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