4240 Norman Drive SE
GrandRapids, MI 49508
- – beds
- – baths
- 3,438 sqft
- 12,197 sqft lot
- $174 per sqft
- 1972 build
- – on site
Check out this fully renovated 4-unit property in Grand Rapids with strong cash flow. Each unit offers 2 beds, 1 bath, and approx. 774 sq ft. Updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new HVAC systems, water heaters, sliding doors, and decks. The property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. This property is fully occupied with current gross rents of $5,185/month. Owner covers lawn care, snow, gas, water/sewer, and common utilities. Seller is open to creative offers with 25% down and a 2-3 year balloon. Rent roll and T12 are available with a signed confidentiality agreement. Showings after accepted offer. Contact Brett at (269) 240-3544 with any interest or for more information.
Last checked:
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Checking…
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Last updated Apr 5, 2025
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MLS# 65025013671 —
The Building
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Year Built:1972
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Construction Materials:AluminumSiding, Brick
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Roof:Composition
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Basement:Full, WalkOutAccess
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Basement:true
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Building Area Total:3438.0
Interior
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Laundry Features:CommonArea
Location
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Directions:North on Stuart Ave SE turn right off Langley St SE
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Cross Street:Langley St SE & Stuart Ave SE
The Property
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Parcel Number:411820477025
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.28
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Lot Size Area:11979.0
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Lot Size Dimensions:80x150
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Lot Size Units:SquareFeet
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Zoning Description:Other
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Road Frontage Feet:80
Listing Agent
- Contact info:
- Agent phone:
- (616) 953-8882
- Office phone:
- (616) 871-9200
Taxes
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Tax Legal Description:NWLY 80 FT OF LOT 104 * LANGDON PLAT NO.1
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Tax Assessed Value:141671
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Tax Annual Amount:7590.33
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public, WateratStreet
Schools
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High School District:Kentwood
The Community
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Community Features:Sidewalks
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Waterfront:false
Parking
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Parking Total:8.0
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Parking Features:Asphalt
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/5/25
Apr 5, 2025
|
Listed / Active | REALCOMP | $599,000 |
