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3201 Marshall Ave SE, Grand Rapids, MI, 49508

8beds
4baths
3,476sqft
$586,900
$169price/sqft
$4,045/moest. monthly cost
$161,800/yrincome needed

About This Home

Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and strong investment potential. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, including a brand-new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill averages approximately $150/month and water approximately $200/month. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximate

Getting Around

51
WalkingSomewhat Walkable
29
TransitSome Transit
52
BikeBikeable

Schools

3/10
Kenosha Park ElementaryGrades PK-50.6 mi
2/10
Alger Middle SchoolGrades 6-81.1 mi
5/10
Ottawa Hills High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1966

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 to 4 Units

Interior

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Wall Unit(s)

Interior Area

  • Total interior livable area: 3,476 sqft

Property

Details

  • Parcel number: 411817301005
  • Zoning description: RES

Lot

  • Lot size: 0.34 Acres
  • Lot size dimensions: 81 x 185

Parking

  • Total spaces: 5
  • Parking features: Paved