Listing provided courtesy of Lake Michigan Realty Mgmt- MLS# 26002440MLS Provider

1053 3rd Street NWGrand Rapids, MI 49504

Multi-Family · 0.08 Acres
$715,000 Active

1053 3rd Street NW Overview

Time on Site:
160 days
Visits:
1

Well-maintained 3-unit income property located in the heart of Grand Rapids' west side. This property features 3 residential units across 2 separate buildings, offering flexibility for investors or owner-occupants. Situated on a 60 ft road frontage lot, the parcel provides approximately 2,942 sq ft of total building area and ample off-street parking with up to 6 spaces. The property includes basement space, separate living areas, and multiple unit layouts. Conveniently located near downtown Grand Rapids, major highways, public transportation, schools, and local amenities.

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1053 3rd Street NW Facts & Features

  • Type Multi-Family
  • Lot 0.08 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1870

Location/Region

  • County Or Parish: Kent
  • MLS Area Major: Grand Rapids - G
  • MLS Area Minor: Grand Rapids - G

Rent/Lease Information

  • Tenant Pays: None

Tax Information

  • Tax Annual Amount: 2340.26

General Information

  • Parcel Number: 41-13-23-412-033
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Laundry Features: Common Area,Laundry Room

Exterior

Parking Information

  • Parking Features: Paved

Lot Information

  • Lot Features: Wooded
  • Lot Size Dimensions: 60 X 104
  • Lot Size Square Feet: 3554.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Wood Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer

1053 3rd Street NW Neighborhood

Community

49504 (Grand Rapids) Demographics

33
Median Age
3,604
Population Density (per sq. mile)
43%
College Educated
$52,460
Estimated Median Income
9,450
Estimated Total Home Owners
6,921
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1053 3rd Street NW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1053 3rd Street NW Market Data

Based on the last 30 days in this zip code

$361,526
Average List Price
$217
Average Price per Square Foot
30
Properties Sold
44
Average Days on Market
178
Properties for Sale
Calculations provided by Reliance Network

1053 3rd Street NW History

Date Event Value Agent
4/21/2026Source: MichRIC MLS Price Reduction
$715,000 -1.4%
1/20/2026Source: MichRIC MLS Added to Database
January 20, 2026
10/12/2022Source: MichRIC MLS Added to Database
October 12, 2022