Address
316 Lane Avenue Sw, Grand Rapids, MI
Price
$ 259,900
Property Attributes
- MLS#26050343
- TypeMulti-Family
- Listing Status Active
- CountyKENT
- CityGrand Rapids
- AreaCity of Grand Rapids
- NeighborhoodCity of Grand Rapids
- Zip49504
- Style2 to 4 Units
- Year Built1920
- Taxes$ 1817
- Price$ 259,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.09 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
This multi-unit property in Grand Rapids offers an excellent investment opportunity for ownership. Built on a 3,800 square foot lot, the 2 to 4 unit structure provides flexibility for owner-occupancy with additional income potential. The compact footprint maximizes the usable land while maintaining practical spacing. Check out this unit with great lease income. Showings to be Wednesday, the 23rd and Saturday, the 26th.
| Price History | |
|---|---|
| 9/22/2026 | Listed $259,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | None |
| Utilities | Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Storm Sewer |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Construction Materials | Vinyl Siding,Wood Siding |
| Year Built | 1920 |
| Tenant Pays | Electric,Trash,Sewer,Gas |
| Township | City of Grand Rapids |
| Property Subtype | 2 to 4 Units |
| Tax Year | 2026 |
| OwnerPays | Water |
| County | Kent |
| New Construction | No |
| Property Type | Multi Family |
| Status | Active |
| Directions | Butterworth to Lane. Left side of road before cul-de-sac |
| City | Grand Rapids |
| High School District | Grand Rapids |
| Zoning Description | RESIDENTIAL |
| Number Of Units Total | 2 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3800.0 |
| Listing Terms | Cash,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 1817.93 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Tax Assessed Value | 36159 |
| MobileHomeRemainsYN | No |
| Legal Description | LOT 19* COURTNEY S ADDITION |
| Senior Community | None |
Interior Features
| Basement | Michigan Basement |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
Exterior Features
| Lot Features | Level,Cul-De-Sac,Sidewalk |
|---|---|
| Total Parking | 2.0 |
| Lot Size Area | 0.09 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 40 x 095 |
| Lot Size Acres | 0.09 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 49504
Price
Taxes
Year Built
Visits
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 26, 2026 11:30 AM UTC
