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40 Lexington Avenue NW, Grand Rapids, MI 49504 (MLS# 26019796)


$1,395,000
40 Lexington Avenue NW
Grand Rapids, MI 49504
MLS# 26019796


 | 

40 Lexington Avenue NW, Grand Rapids, MI 49504
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Property Description
One of the most distinctive residential multi-family properties in the city, this meticulously renovated historic firehouse seamlessly blends character, charm, and modern opportunity. Originally home to GRFD Engine No. 8 in the early 1900s, the property's rich history is beautifully preserved through thoughtful design elements, including exposed brick, oversized arched windows, and even a firepole in the welcoming foyer. Perfectly positioned just moments from the city's exciting new soccer stadium and amphitheater, the location adds another layer of appeal for both residents and investors alike. Beyond its architectural significance, this property stands out as a compelling investment, offering highly sought-after amenities such as five garage parking spaces, four additional exterior spots, and multiple inviting outdoor areas--from a quaint upper deck off the primary unit to a private, well-manicured yard with patio. The building features three distinct units, with the potential

Details
Maps
Location Property Info
County: Kent
Street #: 40
Street Name: Lexington
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504
OfficeContract Info
Status: Active
Current Price: $1,395,000
List Price: $1,395,000
Listing Date: 2026-05-04
General Property Info
Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Lot Dimensions: 66x132
Year Built: 1927
New Construction: No
Cert of Compliance: Yes
Road Frontage: 66
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 11
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-13-25-162-011
Taxable Value: 248926
SEV: 266900
For Tax Year: 2026
Seller's Annual Property Tax: 12515.56
Tax Year: 2025
Spec Assessment & Ty: n/a
Zoning: res improved
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: Upper 2 bed, Primary
SqFt: 1735
Occupied: No
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Unit 2
Unit #: 2
Unit Description: Main Level 1 Bed
SqFt: 820
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Upper 1 Bedroom
SqFt: 550
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Common Area
Exterior Material: Brick
Substructure: Slab
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water
Extras: Garages
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Central Air; Deck/Patio; Dishwasher; Garage; Refrigerator; Washer/Dryer
Unit 2: Central Air; Deck/Patio; Dishwasher; Garage; Range/Oven; Refrigerator; Washer/Dryer
Unit 3: Range/Oven; Deck/Patio; Dishwasher; Garage; Refrigerator
Supplements
to convert part of the expansive garage into a fourth. The upper primary unit is a showpiece, complete with elevator access, two bedrooms, two full baths, in-unit laundry, and stunning historic details throughout. The lower one-bedroom unit boasts a recently renovated kitchen highlighted by a striking live-edge island, a full bath, and direct patio access. Perched above, the charming "Hayloft" unit offers a cozy one-bedroom, one-bath layout with breathtaking floor-to-ceiling windows that flood the space with natural light. The one-bedroom units share a conveniently located laundry area within the garage, which doubles as a recreational space with a pickleball court--perfect for enthusiasts. Rarely does a property combine history, versatility, location, and income potential so effortlessly. Opportunities like this are hard to come by--schedule your private tour today.

Listing Office: Weichert REALTORS Plat (Main)

Listing Agent: Jason VanAssen

Last Updated: May - 04 - 2026

40 Lexington Avenue NW, Grand Rapids, MI 49504 - MLS# 26019796

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