Date
Details
Price
Change
Source
6/01/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$450,000
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Property Description
Investment Opportunity! Fully Leased Multi-Tenant Retail/Commercial! Fully occupied, income-producing commercial property in one of the Grand Rapids metro's highest-traffic retail corridors. Situated on Division Avenue South and 44th Street in Kentwood, this two-unit building benefits from 24,000-40,000 vehicles passing daily -- providing exceptional visibility and a built-in customer base for tenants. Property Highlights: Total Building Size: 5,000 SF Units: 2 -- both fully leased Unit 1: 3,224 SF | $2,000/month | 3% annual increase Unit 2: 2,184 SF | $1,400/month | 3% annual increase Combined Monthly Income: $3,400 | Annual Income: $40,800 Tenant Expense Structure: Gross modified - tenants responsible for all utilities Lease Escalations: Built-in 3% annual increases on both units, providing consistent rent growth and inflation protection Why This Property: With both units occupied and income flowing immediately, this is a true turnkey investment!
Full Property Details
Full Property Details for 4342 Division Ave S
General
- Price: $450,000
- Taxes: $6,405
- Status: Active
- Type: Office
- Source: SWMRIC_MLS
- MLS ID: 26026131
- Updated: 6/11/2026
- Added to Site: 18 day(s) ago
Business
- Business Type: Other, Professional/Office, Professional Service, Res
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Location
- County: Kent
- Cross Streets: 44th St
- Driving Directions: 44th St to N on Division, building is on the right.
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Utility Description: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Brick
- Stories/Levels: 1
- Square Feet: 5,408
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,231
- Lot Dimensions: IRR
- Frontage: Paved
- Zoning: FBC
Financial Considerations
- Tax Amount: $6,405.48
- Terms: Conventional, Cash
- Tenant Pays: Electricity, Gas, Sewer, Trash, Water
Disclosures and Reports
- Legal Description: LOT 275 * HOME ACRES
- Property ID: 41-18-19-353-002
Listed by Rise Realty Group, Chad Monroe
We Value Your Privacy
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Listing agent
— 4342 Division Ave S —
Chad Monroe
Rise Realty Group
NMLS#: 1598647
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Get a Great Insurance Rate
Schools
Schools serving 4342 Division Ave S
School District:Kelloggsville Public Schools
| Name | Grades | Distance |
|---|---|---|
East Kelloggsville School 4625 Jefferson Avenue Southeast, Grand Rapids, MI 49548 | K-1 | 0.4 mi |
West Kelloggsville School 4555 Magnolia Avenue Southwest, Grand Rapids, MI 49548 | 2-3 | 0.5 mi |
Southeast Kelloggsville School 240 52nd Street Southeast, Grand Rapids, MI 49548 | 4-5 | 1.2 mi |
Kelloggsville Middle School 4650 Division Avenue South, Grand Rapids, MI 49548 | 6-8 | 0.4 mi |
Kelloggsville High School 4787 Division Ave S, Wyoming, MI 49548 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4342 Division Ave S
Tax History
Tax History for 4342 Division Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,678
-19%
$196,300
43%
2023
$5,774
15%
$137,200
10%
2019
$5,004
—
$124,700
15%
2019
$5,004
—
$108,300
10%
2019
$5,004
—
$98,900
6%
2019
$5,004
7%
$93,700
8%
2016
$4,698
-2%
$86,700
3%
2017
$4,782
-3%
$84,000
2%
2014
$4,906
-2%
$82,600
-7%
2015
$4,994
2%
$88,900
2%
2014
$4,906
-6%
$87,100
-3%
2012
$5,195
—
$89,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4342 Division Ave S
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- Single Family
- Active
- Updated 12 hours ago
- 3Beds
- 2Total Baths
- 1,346Sq. Ft.
- Single Family
- Active
- Updated 3 hours ago
- 3Beds
- 2Total Baths
- 2,077Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,758Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,000Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,056Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,000Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,152Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,120Sq. Ft.
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4342 Division Avenue S, Grand Rapids, MI 49548 (MLS# 26026131) is a Office property. 4342 Division Avenue S is currently listed for $450,000 and was received on June 01, 2026. Want to learn more about 4342 Division Avenue S? Do you have questions about finding other Office real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.