About This Home

This 5-bedroom, 0-bathroom residential multi family at 1340 Plainfield Avenue NE in Grand Rapids, MI is listed for $315,000. Built in 1900, on a 0.14 acres lot.

Key Features

  • Built in 1900
  • 0.14 acre lot
  • 2 parking spaces

Property Details

3 full
2 spaces
1900
Listing Description

Unlock instant equity and strong cash flow at 1340 Plainfield Ave NE! Whether you are seeking a lucrative house-hack to live nearly rent-free or adding a high-performing asset to your portfolio, this versatile triplex delivers on all fronts. Newly Renovated & Vacant Units: Units 1 and 2 have been freshly updated from top to bottom.

Intentionally left vacant for the sale, they are completely move-in ready for an owner-occupant or immediate market-rate tenant placement. Low Landlord Overhead: Split utilities put the power bills on the tenants, maximizing your net operating income.

High-Demand Amenities: Features on-site laundry-a premier driver for tenant retention and premium rental rates in this corridor. Prime Location: Situated in the vibrant Creston neighborhood, tenants will love being minutes from local dining, parks, and quick access to Downtown Grand Rapids and major highways. Units 1,2, & common space available to tour anytime. Unit 3 only available after accepted offer. Please view photos which were just taken and floor plans.

Monthly Cost Estimate

$1,685/mo

20% down · 6.5% · 30 years

Principal$228
Interest$1,365
Insurance$92

Estimates only. Actual payments may vary.

Location

1340 Plainfield Avenue NE

Grand Rapids, MI 49505

Property Details

Construction

Wood Siding

Heating

Forced AirWall Furnace

Questions & Answers

This 5-bedroom, 0-bathroom residential multi family at 1340 Plainfield Avenue NE is listed at $315,000. The estimated monthly payment is $1,685 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.14 acre lot, 2 parking spaces.

This property is listed by Mitchell D Luban.

ML

Mitchell D Luban

Agent at Edison Brokers & Co LLC

Listed by Edison Brokers & Co LLC · Broker phone: 616-439-1190 · View on Broker Site

MLS# 26043692· Source: Michigan Regional Information Center, LLC.· 73 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1340 Plainfield Avenue NE, Grand Rapids, MI 49505

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