40 Lexington Avenue Nw, Grand Rapids, MI 49504

$1,395,000
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Active
BEDS0 BATHS MLS#26019796
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLGrand Rapids

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 propertys 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 citys 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 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.

40 Lexington Avenue Nw | MLS# 26019796

This multi-family property located at 40 Lexington Avenue Nw, Grand Rapids, MI 49504 is currently listed for sale with an asking price of $1,395,000. Lexington Avenue Nw is located within the Grand Rapids school district. Search Grand Rapids real estate on brianbennett.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Slab
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.20 Acres
Taxes: $12,515
Year Built: 1927

Feature Descriptions

Days on Site: 24
Exterior: Brick
Laundry: Common Area
Lot Dimensions: 66x132
Owner Pays: Water, Sewer
Parcel Number: 41-13-25-162-011
Parking: Paved
Parking Total: 11
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Trash, Gas
Units: 3
Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Local Schools

School District: Grand Rapids

Listed By / Shown By

Listed By

Agency Name: Weichert REALTORS Plat (Main)
Agent Name: Jason C VanAssen
Agency Phone: 616-301-2550

agent picture

Shown By

Agent Name: Brian Bennett
Agent Phone: (734) 717-5637
Agency Title: Key Realty

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/29/2026.

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Estimated Payment

$ 9,253.03 per month $7,803.23 Principal & Interest $1,042.92 Property Tax $406.88 Homeowner's Insurance

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