MI > Grand Rapids
Grand Rapids, MI 49548,116 and146 Coleman ST SE
See all 25 photos
Grand Rapids, MI 49548,116 and146 Coleman ST SE
Grand Rapids, MI 49548,116 and146 Coleman ST SE
Grand Rapids, MI 49548,116 and146 Coleman ST SE
Grand Rapids, MI 49548,116 and146 Coleman ST SE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
3
Jan
Sun
4
Jan
Mon
5
Jan
Charles Laird

Charles Laird

+1(248) 431-0544
$ 1,999,900
Est. payment /mo
Save
Pending

116 and146 Coleman ST SE Grand Rapids, MI 49548

1.2 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 65025051684

Year Built 1984

Lot Size 1.200 Acres

Acres 1.2

Property Sub-Type MultiFamily

Property Description

This is a rare opportunity for the smaller investor or investment group to own a solid 16-unit (2 building) apartment complex in desirable Gaines Township (lower millage rates than Kentwood or Wyoming). Units include five-1 bedroom units and eleven 2-bedroom units, a laundry room in each building, plus two 8-car carports and 12 more open air parking spaces. This is a one owner (seller bought from builder in 1985) - seller have enjoyed this investment for 40 years but ready to turn it over to younger buyers and then go sit in the sun. Rent has been kept below market for many long-term tenants. All units have separate heat and electric, owner pays for gas and electric in laundry room. Units are in a variety of updated conditions; some units have been recently updated while a few could use freshing up. Convenient to US 131 via 76th St. Seller will sell as a package, or is also willing to split the buildings into two properties (each building has its own parcel number and legaldescription. All units are between 600 and 650 square feet of living space. See attached documents for descriptions of all 16 units. Check and compare, nothing like it in Western Michigan.

Location

State MI

County Kent

Area Area41221Gainestwp

Interior

Heating Forced Air, Natural Gas

Cooling Wall Units

Fireplace No

Laundry CommonArea, LaundryRoom

Exterior

Parking Features Asphalt, Carport

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected

View Y/N No

Roof Type Composition

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Kentwood

School District Kentwood

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Dwight J Berens of RE/MAX of Grand Rapids (Stndl)
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Charles Laird, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

116 and146 Coleman ST SE

QUICK SEARCH