Grand Rapids Real Estate Search

Grand Rapids Properties between $450,000 and $500,000 for Sale

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Newest Grand Rapids Properties between $450,000 and $500,000 for Sale

$459,900
26047950 MLS ACTIVE Status
**Rare 4-unit investment opportunity in Grand Rapids, offering immediate cash flow with room to grow, plus a built-in owner-occupant option.** All four units feature matching two bedroom, one bath layouts, keeping management simple and turnover predictable. The roof and windows were noted the time of purchase to have been recently replaced. One unit is currently vacant, ready to lease immediately or move into yourself, making this a great house-hack opportunity: live in one unit while the other three help cover the mortgage. For investors, that same vacancy is simply ready-to-lease upside. Beyond that, this is a documented value-add opportunity. Another unit sits on a long-term lease priced below what comparable units in the building are already achieving, offering a clear, near-term path to a stronger rent roll without any renovation required. A third unit is Section 8 assisted, adding a layer of payment reliability to the property's income. Located minutes from downtown Grand Rapids in a submarket with steady rental demand, this is an efficient way to add meaningful door count in a single transaction, or to get into property ownership with tenants already helping you pay it down. Whether you're scaling a portfolio, executing a 1031 exchange, house-hacking your first property, or looking for a multifamily acquisition with upside already built in, 1054 Ionia offers a strong foundation and a clear plan forward. Rent roll and financials available upon request.

1054 Ionia Avenue SW, Grand Rapids

$485,000
3 Beds 2 Baths 26047856 MLS ACTIVE Status
Set on a full acre in Gaines Township, this spacious and incredibly versatile home offers approximately 2,500 sq. ft. of finished living space, 3 bedrooms plus a 4th non-conforming bedroom, 2 full baths, attached garage and workshop space. The recently remodeled kitchen is truly one of a kind, featuring custom countertops crafted from reclaimed pool tables, a large quartz island, generous workspace and an open layout connecting the kitchen, dining and living areas. Sliders lead to the deck and fully fenced backyard, creating an easy flow for everyday living and entertaining. The main floor also offers two bedrooms, a full bath, main-floor laundry, mudroom and abundant storage. The daylight lower level adds exceptional flexibility with a second full kitchen, spacious living/rec area, and a bedroom with a walk-in closet and en suite bath that could make an ideal primary suite. A fourth non-conforming bedroom provides additional space for an office, guests or hobbies. Accessibility has also been thoughtfully considered, with numerous wheelchair-accessible features throughout the home. Car enthusiasts, hobbyists and anyone needing serious workspace will appreciate the attached garage space, including a 26' x 40' workshop and third stall with an oversized-height door and mini-split providing heat and A/C. Outside, enjoy the fenced backyard, composite decking, raised garden beds, above ground pool, and a storage shed on a concrete slab with power. Seller is offering a $10,000 flooring & lighting allowance with an acceptable offer, giving the next owner an opportunity to personalize the home from the start.

1094 68th Street SE, Grand Rapids

$459,900
2 Beds 3 Baths 26047404 MLS ACTIVE Status Knapp Valley BLDG.
Welcome to easy, turn-key living at the end of a quiet cul-de-sac! This beautiful, well-maintained end-unit ranch condo offers peaceful wooded ravine views, abundant natural light, and a spacious, inviting layout. The open main floor features soaring vaulted ceilings, newer plush carpet, and windows and a deck overlooking the private wooded backdrop. The light-filled kitchen has brand-new quartz countertops, a new sink and faucet, and newer stainless steel appliances. Fresh interior paint throughout adds to the clean, move-in-ready feel. The sunroom provides a sunny, serene spot for morning coffee while taking in the views. The spacious main-floor primary suite serves as a true retreat, complete with a large walk-in closet and spacious private en-suite bath. The finished walkout lower level adds even more living space, featuring a large family room, a second bedroom, full bath, and screened-in porch—ideal for guests, relaxing, or enjoying the outdoors. The furnace was replaced in 2022, the water heater in 2015, and the ductwork has all been cleaned. Central A/C keeps things comfortable year-round, and the roof was replaced by the HOA in the spring of 2026. Best of all, enjoy truly low-maintenance living with the HOA taking care of most exterior maintenance, lawn care, landscaping, snow removal, trash, and water/sewer. All of this sits in a prime location just minutes from Knapp's Corner shopping, dining, and medical centers, with easy access to downtown Grand Rapids. If you're looking for a private, spacious, updated, and move-in-ready condo, this one is worth a look!

2360 Whimbrel Court NE Unit 49, Grand Rapids

$499,900
2 Baths 26045423 MLS ACTIVE Status
Welcome to 1211-1215 Lake Dr! A rare opportunity for investors and owner-occupants in one of Grand Rapids' most walkable and desirable neighborhoods! This character-filled two-unit property combines immediate rental income, a vacant unit ready for occupancy and exciting future expansion potential. The vacant upper unit features two bedrooms, one full bath, beautiful hardwood floors, abundant natural light and spacious living and dining areas. It also enjoys its own private covered front porch and rear deck. Above the unit, an expansive 996-square-foot unfinished attic presents remarkable potential for additional living space, subject to necessary approvals. The occupied lower unit offers two bedrooms and one full bath, hardwood floors, generously sized living areas and a functional kitchen. It also has direct access to a private deck and fully fenced backyard, creating a valuable outdoor retreat. The lower unit is currently rented for $1,655 per month on a month-to-month basis. Additional features include off-street parking and a shared basement with laundry and storage space. Located within easy walking distance of Eastown, the Cherry Street business district, Fulton Street Farmers Market, restaurants, shops and neighborhood amenities. Live in the vacant upper unit while collecting rent below, lease both units, or explore the property's long-term potential—this is a flexible opportunity in a location tenants and homeowners love.

1215 Lake Drive SE, Grand Rapids

$470,000
4 Beds 2 Baths 26043906 MLS ACTIVE Status
Welcome to this beautifully updated classic colonial home, perfectly positioned on a peaceful, tree-lined street. Step inside to a warm and inviting living room anchored by a cozy fireplace and a custom built-in bookcase. The fully renovated kitchen is a chef's dream, with refinished cabinetry, quartz countertops, new appliances, hot water dispenser, integrated glass rinser, and garden window. The kitchen flows effortlessly into a dining area complete with its own gas fireplace, that leads right into an expansive family room designed for relaxing and entertaining. Inside the light-filled 4-season sunroom, you'll find skylights, new pine ceilings, new windows, and serene views through every season. To complete the main floor, you can unwind in the stunning main-floor bathroom, featuring a tiled shower, deep soaking tub, and a toilet with a bidet attachment. Upstairs, refinished hardwood flooring runs throughout three bedrooms, accompanied by a second completely renovated full bath. The basement adds valuable space with a 4th bedroom, laundry, and ample storage. Other major updates include a newer AC, furnace, and water heater. Outside, the private, fully fenced-in backyard, is complete with a patio, mature trees, native plantings, and a lush succulent garden. The location itself is unbeatable as you have direct access to Riverside Park, and are just blocks away from Creston favorites like Kingma's Market and Sparrows Coffee. Don't miss out on this turn-key home!

160 S Parklane Drive NE, Grand Rapids

$469,900
6 Beds 5 Baths 26042792 MLS ACTIVE Status
Discover a truly one-of-a-kind opportunity in the heart of Grand Rapids! Warm, inviting, and filled with natural light, this beautifully updated home blends timeless character with exceptional versatility. Featuring 6 large bedrooms, 4.5 bathrooms, two kitchens, multiple living areas, four separate entrances, and three stunning oversized original pocket doors. The thoughtfully designed floor plan offers remarkable space and flexibility. Historically used as a residential four-unit property, the home's unique configuration may offer exciting potential for future investment, multi-family, or income-producing opportunities, subject to municipal approval and verification. Its generous bedroom count, versatile layout, multiple access points, and desirable corner-lot setting with two large driveways and additional front parking further enhance the property's potential for buyers exploring future use and long-term income possibilities. Adding to its unique configuration, the property is equipped with four water heaters, two furnaces, and four gas meters. A charming octagonal-style upper room provides a peaceful retreat where you can enjoy glimpses of the city lights after sunset. Two spacious covered porches add to the home's warm and welcoming character, offering inviting spaces of functionality to relax, unwind or entertain. Conveniently located just minutes from downtown Grand Rapids, US-131, shopping, dining, entertainment, and the city's vibrant riverfront. Enjoy easy access to everything this thriving community has to offer. This property is truly a must-see to fully appreciate its character, craftsmanship, thoughtful updates, generous living space, and exciting future potential.

103 National Avenue NW, Grand Rapids

$465,000
3 Beds 3 Baths 26037821 MLS ACTIVE Status Newberry Place Cohousing Condominium Association BLDG.
Welcome to your peaceful place! Surrounded by 3 large parks - Coit, Belknap, & Lookout, in addition to its beautiful courtyard setting - this contemporary 3 bedroom, 3 bath townhouse in the Newberry Place Cohousing Condo Community stands out. The main level features an open-concept living space flooded with natural light, views of cherry blossoms & magnolia blooms, a bedroom with a custom murphy bed, full bath, bamboo floors, 9ft. ceilings, & a renovated kitchen (2022) with matte white cabinets, & stainless steel appliances. The Owner's Suite comprises the entire upper level & offers a large ensuite, laundry (2025), & balcony. The finished basement includes an additional living area, bedroom, full bathroom, 2nd laundry set & storage. 1 attached carport space with pre-wired electrical for an EV charger (installed at owner expense). New high-efficiency furnace with zoned heating and separate thermostats installed Oct. 2024. Energy Recovery Ventilator (ERV) included for fresh air. HOA places a high priority on sustainability and the site offers composting, recycling, rain water collection, gardening options, and more. Review the Newberry Place docs for benefits & expectations of cohousing. See list of updates and opportunities to attend community events to meet potential neighbors. Agent has an ownership interest in this property. Seller reserves right to set an offer deadline and/or call for highest and best offer.

814 Livingston Avenue NE, Grand Rapids

$465,000
4 Beds 2 Baths 26036312 MLS ACTIVE Status
Situated on an exceptional .45-acre lot with private access to Plaster Creek this property is a true nature lover's paradise. YET offering the experience of refined living with its beautifully reimagined interior, where timeless design meets modern sophistication. Thoughtfully updated throughout, every space has been designed both inside and out to offer a seamless blend of comfort, style, and a slower pace of life. Not only has the interior been updated from top to bottom the home also features a new furnace and AC, vinyl windows and newer roof. The interior features a light-filled interior welcoming you with modern accent walls, contemporary finishes, and an effortless flow designed for both everyday living and entertaining. At the heart of the home, the stunning kitchen showcases sleek white shaker cabinetry, expansive work surfaces with quartz counter tops, tile backsplash and an open-concept layout that connects naturally to the surrounding living spaces. Large windows frame picturesque views of the outdoors while filling the home with natural light, creating an inviting and airy atmosphere. The elegant gathering spaces provide the perfect backdrop for everyday living or entertaining. The spacious dining room has decorative beams and seamlessly connects to both the living room and kitchen. Generously sized bedrooms offer peaceful retreats, complemented by beautifully appointed bathrooms and versatile living areas that adapt to your lifestyle. The finished lower level further expands the home's livability, offering flexible space for a media lounge, home office, fitness studio, or guest accommodations. Step outside to your private backyard retreat and enjoy the serenity of the surrounding landscape, where wildlife can often be seen just beyond your patio. Whether you're enjoying your morning coffee or unwinding at sunset, the outdoor setting offers a rare sense of tranquility and connection to nature yet minutes from the city. Adding to its unique appeal, the property features private access to Plaster Creek, creating an extraordinary opportunity to enjoy the sights and sounds of the water right from your own backyard. Beautifully updated and impeccably maintained, this exceptional residence offers a rare combination of modern comfort, natural beauty, and privacy--delivering a turnkey lifestyle that feels both elevated and effortless for everyday living.

1955 Millbank Street SE, Grand Rapids

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