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Jim Blehm

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

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2164 Division Ave S , Grand Rapids, MI 49507
$295,000
Est. Payment: $655.56/mo
2 Bath
2583 Sqft
0.13 Acres
Status: active | Days on site: 55
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Jim Blehm
Team Owner, Realtor®

House Description

Explore the potential of this versatile, income-producing property in Grand Rapids! Offering approximately 2,583 square feet across three occupied units, this unique mixed-use opportunity features a commercial space with two attached apartments, creating multiple income streams under one roof. The commercial unit currently rents for $800 per month, while the two apartments generate a combined $2,400 per month. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a location for your business with additional rental income, this property offers an opportunity to put your investment to work. Positioned along South Division Avenue between Burton and Alger, the property benefits from a high-visibility location in Grand Rapids. Don't miss the opportunity to explore the possibilities this multi-unit property has to offer!

Highlights

Listed by Jeffrey Bode , 616-856-6442 and Jody L Bode , 231-301-2101 Keller Williams GR East , 616-575-1800. MichRIC

Property Type

Commercial Sale

Lot/Acreage
0.13

Year Built

1984

County

Kent

School District

Grand Rapids

Listing ID

26046183

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2

Exterior Features

Roof:Composition
Principal Interest
$656
Taxes
$369

Home Price

$295,000

Loan Details

30 yrs
0%

Down Payment

20%
$59,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$655.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $655.56 $368.52 $0.00 $1,024.07
Yearly $7,866.67 $4,422.18 $0.00 $12,288.85
Total $236,000.00 $132,665.40 $0.00 $368,665.40
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: 2026-11-01T12:20:57.000Z

© 2026 MichRIC