$329,000

429 Laurel Street SW, Grand Rapids, MI 49503

Multi-Family Home
Built in 1900
5,750sqft lot
—— car garage
$——/sqft
Listed 9 days ago

Property Description

Income-producing 3-unit property consisting of one duplex and one single-family home. All units are currently occupied with a combined monthly rent of $3,550, exceeding the 1% rule. The duplex recently completed a ''Get the Lead Out'' inspection with significant improvements made, and the lower unit was fully remodeled prior to the current tenancy. The single-family home features a long-term tenant of over 10 years, and the upper duplex unit is also occupied by a long-term tenant. Strong rental history with reliable tenants and consistent payments. Solid cash-flow opportunity for an investor seeking stability over flash. This property is professionally managed and management can continue. An inspection report provided by the management company is in the attached documents.

Listing Status:: Pending
Date Added:: February 6, 2026
Data Last Updated:: February 15, 2026 at 7:36AM
Listing Office:: United Realty Services LLC : 616-965-2304
Listing Agent:: Timothy J VandenToorn : 616-450-6018
MLS ID:: 26004398

Basement: Crawl SpaceMichigan Basement
Heating: Forced Air

Parking: UnpavedParking spaces: 0

Roofing: Composition
General: Vinyl Siding

Road/Access: Paved
Originating MLS: Michigan Regional Information Center (MichRIC)
School District: Grand Rapids
County: Kent

Zoning: LOT 13 BLK 2* GODFREY & WHITE S ADDITION41-13-36-182-008

Utilities: Natural Gas ConnectedElectricity ConnectedElectricity AvailableNatural Gas AvailableStorm Sewer
Water: Public Water
Sewer: Public Sewer

Source: Michigan Regional Information Center (MichRIC)

This listing courtesy of Timothy J VandenToorn , United Realty Services LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Southwest Community Campus School

801 Oakland Ave SW, Grand Rapids, MI, 49503

Grades PK-6

0.07 miles away

Southwest Middlehigh School

327 Rumsey St SW, Grand Rapids, MI, 49503

Grades 7-12

0.15 miles away

Southwest Middlehigh School

327 Rumsey St SW, Grand Rapids, MI, 49503

Grades 7-12

0.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.