1129 Lyon Street NE

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Courtesy of Ryan Ogle, EXP Realty (Grand Rapids)

$1,455,000

1129 Lyon Street NE

0.61 Acres

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Description

Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don't miss out on this opportunity to build your rental portfolio!

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Location

1129 Lyon Street NE, Grand Rapids, MI 49503

Status

Sold

Date Sold

May 2, 2025

Property Amenities

Interior

Laundry room In Unit

Area & Lot

Lot Area 0.61 Acres

MLS® ID 24059440

Year Built 1961

School District Grand Rapids

Type Multi-Family

Status Sold

Exterior

Air conditioning Central Air

Heat type Forced Air

Sewer Public Sewer

Parking Paved

Lot Features Level

Utilities Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected

Finance

Sales Price $1,455,000

Real Estate Tax $23,582 yearly

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Work With Blu House Properties

Partner with a seasoned Grand Rapids real estate expert with 25+ years of experience in high-value transactions and client-first service. Whether buying or selling, our team delivers precision, negotiation strength, and market insight tailored to luxury outcomes.

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Thank you for your message. We will be in touch with you shortly.

$1,455,000

1129 Lyon Street NE

Description

Share Property

Location

Status

Date Sold

Property Amenities

Interior

Area & Lot

Exterior

Finance

Explore Our Active Listings

$650,000

$434,900

$645,000

Grand Rapids

Work With Blu House Properties

Get in Touch

Contact Details