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  • $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

    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.

    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#: 25013671MLS Logo

    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