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2939 Taft Avenue SW Grand Rapids, MI 49519
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Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65025052659
Sold Date 11/03/25
Bedrooms 4
Year Built 1975
Annual Tax Amount $7,647
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 80 x 200
Source Greater Regional Alliance of REALTORS®
Property Description
Owner occupied or pure investment opportunity! This well-maintained 4 unit, three 2bed/1bath apartments and one 1bec/1bath unit. Each unit offers functional layouts, bright living spaces, and great rental appeal. Separate electric meters for each tenant, with residents billed back for all other utilities. On-site coin laundry adds extra convenience & income potential. Inside the building, you'll find ample storage areas plus a 4-stall garage with updated doors and keycode access, perfect for tenants or additional rental income.Current rents for Units A&B are $1,195/month, while freshly updated, rent-ready Units C&D offer incredible upside potential. With projected total income of $5,200-$5,400/month, this property delivers solid cash flow and long-term appreciation potential. Conveniently located near shops, restaurants, parks, and major highways--an investor's dream in a strong rental market! Showings Available 10/17-18 Fri&Sat 5-8pm, Open House Sun 10/19 2-4pm. Offers reviewed 10/2at 8PM
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction Taft and 28th st
Rooms
Basement Daylight
Interior
Interior Features Laundry Facility
Heating Radiant
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 4.0
Roof Type Composition
Road Frontage Pub. Sidewalk
Garage no
Private Pool No
Building
Sewer Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Public (Municipal)
Structure Type Brick,Block
Schools
School District Wyoming
Others
Pets Allowed Yes
Tax ID 41031502028
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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