Check out this fully renovated 4-unit property in Grand Rapids with strong cash flow. Each unit offers 2 beds, 1 bath, and approx. 774 sq ft. Updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new HVAC systems, water heaters, sliding doors, and decks. The property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. This property is fully occupied with current gross rents of $5,270.00/month. Owner covers lawn care, snow, gas, water/sewer, and common utilities. Seller is open to creative offers with 25% down and a 2-3 year balloon. Rent roll and T12 are available with a signed confidentiality agreement. Showings after accepted offer. Contact Brett with any interest or for more information.
Sold
$575,000
4240 Norman Dr SE, Grand Rapids, MI 49508
8beds
4baths
3,096sqft
2 to 4 Units
Built in 1972
-- sqft lot
$577,600 Zestimate®
$186/sqft
$1,726 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 19, 2025 at 01:16pm
Listed by:
Hunter J Maat 616-953-8882,
Bellabay Realty LLC
Bought with:
Vaughn Greathouse, 6501385751
Five Star Real Estate (Grandv)
Source: MichRIC,MLS#: 25013671

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Broadband
- Basement: Full,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total interior livable area: 3,096 sqft
Property
Parking
- Total spaces: 8
- Parking features: Asphalt, Driveway
Lot
- Size: 0.28 Acres
- Dimensions: 80 x 150
- Features: Sidewalk
Details
- Parcel number: 411820477025
- Zoning description: Multifamily
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Aluminum Siding, Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Community & neighborhood
Location
- Region: Grand Rapids
Other
Other facts
- Listing terms: VA Loan,FHA,Cash,Conventional,Contract
- Road surface type: Paved
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$577,600
2% more+ $11,552
With Zillow Showcase(estimated)
$589,152