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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1239 Northfield Ave NE , Grand Rapids, MI 49505
$649,000
Est. Payment: $3,342.02/mo
0 Bed
0 Bath
0 Sqft
Status: pending | Days on site: 45
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

House Description

Exceptional investment opportunity at 1239 Northfield NE in the heart of Grand Rapids. This solid brick 4-unit Townhouse can be fully rented for strong cash flow or owner-occupied while generating rental income from the remaining units. Seller is offering five separate 4-unit buildings , a total of 20 units (1258, 1336, 1238 , 1239, 1226 Northfield NE) available individually or as a package portfolio purchase. Conveniently located near Medical Mile and all the exciting new downtown Grand Rapids developments, this property offers both stability and long-term growth potential. Each units has its own furnace and water heater and also includes its own rear carport parking space. A rare opportunity to own a well-built multifamily property in a rapidly growing area. Each units condition may varies. Exterior has been freshly painted , enhancing curb appeal. Seller is a licensed real estate broker in the State of Michigan.

Highlights

Listed by Vung L Mang , 616-485-8138 VJ Real Estate , 616-485-8138. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.28

Year Built

1960

County

Kent

School District

Grand Rapids

Listing ID

26024819

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Basement:Full

Exterior Features

Garage Capacity:4
Sewer:Public Sewer
Parking Features:Asphalt,Driveway,Paved
Principal Interest
$3,342
Taxes
$696

Home Price

$649,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$129,800
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Monthly Price:
$3,342.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,342.02 $695.61 $0.00 $4,037.64
Yearly $40,104.26 $8,347.38 $0.00 $48,451.64
Total $1,203,127.89 $250,421.40 $0.00 $1,453,549.29
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Grand Rapids, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

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