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Jim Blehm

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

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233 Hollister Ave SE , Grand Rapids, MI 49506
$339,900
Est. Payment: $1,750.31/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 36
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

House Description

Rare opportunity to acquire a value-add triplex in the heart of East Hills, one of Grand Rapids' most sought-after neighborhoods. With a brand new roof in 2024 this historic property offers over 2,100 square feet across three units and is primed for its next transformation. All units are vacant, providing immediate flexibility to renovate, lease at current market rates, or customize the property without tenant restrictions. Post-construction permits have been obtained, and the property has recently appraised as-is above the current list price, presenting an exceptional opportunity to build equity from day one. The property also qualifies for valuable historic rehabilitation tax credits, offering the potential to offset renovation costs and further enhance your overall return on investment. Located just minutes from downtown, restaurants, breweries, shopping, and everything East Hills has to offer, this is an ideal opportunity for a flipper, long-term investor, or owner-occupant.

Highlights

Listed by Marcus Love , 616-710-0792 Realify Properties , 616-439-4310. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1884

County

Kent

School District

Grand Rapids

Listing ID

26032283

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Michigan Basement

Exterior Features

Garage Capacity:3
Sewer:Public Sewer
Principal Interest
$1,750
Taxes
$784

Home Price

$339,900

Loan Details

30 yrs
6.676%

Down Payment

20%
$67,980
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:
$1,750.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,750.31 $783.57 $0.00 $2,533.88
Yearly $21,003.76 $9,402.83 $0.00 $30,406.59
Total $630,112.74 $282,084.90 $0.00 $912,197.64
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

© 2026 MichRIC