$250,000

118 Elm Street SW, Grand Rapids MI, 49507

Built in1900

Property typeMulti-family

Overview

Active

Updated 26h ago

Great investment opportunity! This two-unit property offers an excellent addition to any investment portfolio. Both units are currently occupied and professionally managed, providing an established rental opportunity. Conveniently located near downtown Grand Rapids, with easy access to shopping, dining, and entertainment. Schedule your private showing today! Photos are from prior to tenants moving in. Professionally managed property. Current property management is available to continue after closing for a seamless transition.

$1,663/mo

Est. mortgage payment based on a $250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes: $3,332
Tax Frequency: Annually

Courtesy of Keller Williams Harbortown

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tom Alflen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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.

Data last updated 5:03 AM UTC, 10/31/2026

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$250,000

Overview

$1,663/mo

Down payment--

Loan details30-year fixed, 7%

Property tax--

HOA fees--

Other Property Details