27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
27 Colfax Street NE
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Courtesy of Timothy J VandenToorn, United Realty Services LLC
$499,000

27 Colfax Street NE

4 Baths 6,752 Sq.Ft.

Description

Excellent investment opportunity in growing NE Grand Rapids! This City-certified 4-unit multifamily property is 100% occupied with great tenants and all leases secured through July 2027, providing immediate cash flow and a smooth transition for the next owner. Current gross rents total $5,005/month ($60,060 annually), putting the property right around the desirable 1% rent-to-price benchmark. Many updates have been completed throughout the units, making this a strong addition to an investor's portfolio. The property also features a large backyard, alley access, and street frontage. With established tenants, strong current rents, City certification until 09/08/2029, and long-term leases already in place, this is an attractive opportunity to acquire a stabilized income-producing property in NE Grand Rapids with future upside. Professional Property Management available with United Properties making this an easy all around acquisition.

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Location

27 Colfax Street NE, Grand Rapids, MI 49505

Status

Sold

Date Sold

October 20, 2026
Duke  Gray

Duke Gray

TITLE

REALTOR®

Property Amenities

Interior
Laundry room Common Area, Laundry Room
Area & Lot
Lot Area 6,752 Sq.Ft.
MLS® ID 26049304
Year Built 1875
School District Grand Rapids
Type Multi-Family
Status Sold
Exterior
Heat type Forced Air
Sewer Public Sewer
Lot Features Sidewalk
Roof Composition
Utilities Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Finance
Sales Price $499,000
Real Estate Tax $4,441 yearly

The West Side

Grand Rapids' fast-growing hotspot, the West Side blends Polish heritage and historic churches with new restaurants and shops.

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.