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  • $1,455,000

    1129 Lyon St NE, Grand Rapids, MI 49503

    8beds
    4baths
    3,136sqft
    5+ Units
    Built in 1961
    -- sqft lot
    $1,483,500 Zestimate®
    $464/sqft
    $1,767 Estimated rent

    Owner options

    List your home for rent

    $1,767/mo

    Rent Zestimate®

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    $1,767/mo

    Rent Zestimate®

    Refinance and save

    $7,437/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $7,437/mo

    Est. payment

    What's special

    Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don't miss out on this opportunity to build your rental portfolio!

    Zillow last checked: 8 hours ago

    Listing updated: May 02, 2025 at 12:53pm

    Listed by:

    Ryan Ogle 616-901-4541,

    EXP Realty (Grand Rapids)

    Bought with:

    Chad J Vanderstelt, 6501440751

    City2Shore Real Estate Holland

    Steve Frody, 6502366345

    Source: MichRIC,MLS#: 24059440MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 3,136 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Paved
    Lot
    • Size: 0.61 Acres
    • Dimensions: 110 x 243
    • Features: Level
    Details
    • Parcel number: 411429130031
    • Zoning description: Comm Imp

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected

    Community & neighborhood

    Location
    • Region: Grand Rapids

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Paved
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,483,500
    2% more+$29,670
    With Zillow Showcase(estimated)$1,513,170