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Listing provided courtesy of Edison Brokers & Co LLC- MLS# 26029274MLS ProviderSource MLS Verified

1242 Alpine Avenue NWGrand Rapids, MI 49504

Multi-Family · 0.15 Acres
$225,000 Active

1242 Alpine Avenue NW Overview

Time on Site:
16 days
Visits:
0

Investment opportunity in the heart of Grand Rapids' Northwest side! This fully occupied up/down duplex at 1242 Alpine Ave NW offers immediate cash flow with two 1-bedroom, 1-bathroom units and separately metered utilities, helping minimize owner expenses. Tenants enjoy ample off-street parking, a sought-after feature in this high-demand rental corridor. Conveniently located near downtown Grand Rapids, major employers, shopping, restaurants, and public transportation, this property presents an excellent opportunity for investors seeking a stable addition to their portfolio. Whether you're expanding your holdings or entering the multifamily market, this turnkey duplex offers strong rental appeal and long-term upside in a proven rental location. Priced right for a quick sale! Looking for more? 1246 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.

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1242 Alpine Avenue NW Facts & Features

  • Type Multi-Family
  • Lot 0.15 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1880

Location/Region

  • County Or Parish: Kent

Rent/Lease Information

  • Tenant Pays: Electric,Gas

Tax Information

  • Tax Annual Amount: 2078.25

General Information

  • Parcel Number: 41-13-13-356-010
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

    Exterior

    Lot Information

    • Lot Size Acres: 0.15
    • Lot Size Area: 0.15
    • Lot Size Dimensions: .15
    • Lot Size Square Feet: 6470.0
    • Lot Size Units: Acres

    Waterfront/View

    • Waterfront: No

    Building Exterior/Construction

    • Construction Materials: Aluminum Siding

    General Information

    • Number Of Units Total: 2
    • Sewer: Public Sewer
    • Utilities: Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected

    1242 Alpine Avenue NW Neighborhood

    Community

    49504 (GRAND RAPIDS) Demographics

    33
    Median Age
    3,604
    Population Density (per sq. mile)
    43%
    College Educated
    $52,460
    Estimated Median Income
    9,450
    Estimated Total Home Owners
    6,921
    Estimated Total Renters
    58% / 42%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1242 Alpine Avenue NW Monthly Cost

    $
    $ %
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    $
    $
    Jeremy Woods
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1242 Alpine Avenue NW Market Data

    Based on the last 30 days in this zip code

    $361,526
    Average List Price
    $217
    Average Price per Square Foot
    30
    Properties Sold
    44
    Average Days on Market
    178
    Properties for Sale
    Calculations provided by Reliance Network

    1242 Alpine Avenue NW History

    Date Event Value Agent
    6/14/2026Source: MichRIC MLS Added to Database
    June 14, 2026