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

40 Lexington Avenue NW, Grand Rapids, MI 49504

$1,195,000

Property Type: Multi Family Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $1,195,000 List Date: 5/04/2026 Last Modified: 9/05/2026

Overview

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

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 ... (Read more)

Listing Details MLS# 26019796

Location Property Info

County: Kent
Street #: 40
Street Name: Lexington
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504

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: Yes
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 #: Yes
Unit Description: Upper 2 bed, Primary
SqFt: 1735
Occupied: No
Bathrooms: 2
Full Baths: 2

More Information

Unit 2

Unit #: 2
Unit Description: Main Level 1 Bed
SqFt: 820
Occupied: Yes
Monthly Rent: 1500
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit #: 3
Unit Description: Upper 1 Bedroom
SqFt: 550
Occupied: Yes
Monthly Rent: 1500
Bathrooms: Yes
Full Baths: Yes

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

Listing Office: Weichert REALTORS Plat (Main)

Listing Agent: Jason C VanAssen

Last Updated: September - 05 - 2026

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