Curious about some of the great neighborhoods in East Grand Rapids, Michigan to invest in? We’re going to jump right into East Grand Rapids to show you some cool pockets of houses to look at and neighborhoods you may be interested in investing in. We’ll cover home styles, locations, and nearby amenities, so you’ll be able to make the best decision for you.

Gaslight Village in EGR

A favorite place for so many in West Michigan is Gaslight Village. Right in the heart of East Grand Rapids is an updated, newer condo community, which you’ll continue to see pop up around the area. There are charming shops, incredible cafes, and walkable streets, and this is a neighborhood that’s definitely a top target for home rehab renovations for buyers and investors. Most tear-down sites are gone, but you’ll see a lot of new homes that have popped up in this area. It’s a good mix of historic Tudors, some colonial-style homes, and modern townhouses that make this a great location for rental properties of high-value flips. Plus, the demand here is always high, and properties will certainly continue to appreciate.

Some of the highlights of this area are the proximity to amenities, downtown shops, restaurants, and coffee shops, walking distance to Reeds Lake, Collins Park, and all of the top-rated schools in the area. The investment potential is very high in the Gaslight Village area.

Reeds Lake

Next up on the investment tour of East Grand Rapids is the Reeds Lake area. This is one of the most exclusive areas in East Grand Rapids and we love this community. If you love walking or running the trail around the lake and if you’re looking for high-end investments, this is certainly the place. You can expect to see some mid-century modern homes, as well as high-end new custom builds. These properties are in incredibly high demand, so when an opportunity hits, you really want to take a close look at its potential. Whether you’re investing in a luxury rental, a long-term home, or a high-end value flip, Reeds Lake is definitely a go-to. With the proximity to Reeds Lake, you have opportunities for boating, fishing, outdoor activities, the East Grand Rapids Yacht Club, and mostly walking distance to high-end dining and shopping.

Wealthy Street Corridor

Stop number three on our tour, is the Wealthy Street Corridor. This is the stretch between Eastown and East Grand Rapids, and this neighborhood tends to be filled with historic homes. There is some modern revitalization going on, making it a hot spot for young professionals and creatives. A lot of this is because it’s within walking distance of Eastown and East Grand Rapids. There are a ton of amenities, coffee shops, and breweries. In this area, you’re going to find some Victorian homes, some brick homes, some bungalows, and some Craftman-style properties, perfect for flips or rental properties. This is a very high-demand area.

Breton Road in East Grand Rapids

Our next stop in East Grand Rapids, starts at the corner of Lake Drive, stretching down Breton Road all the way to Breton Village. This is a great area to invest with a lot of fantastic opportunities covering all different price points. You’ll find the grand Tudors, elegant colonials, and custom estates. This neighborhood definitely attracts buyers that want long-term value, maybe a little bit of exclusivity, and at that higher price point. It has great proximity to all of the public schools, beautiful tree-lined streets, and a short 10-minute drive to downtown Grand Rapids and the up-and-coming Breton Village with all of the shopping and coffee shops making this another great place for you to invest in East Grand Rapids.

Manhattan Park

If you are looking for a family-friendly area to invest then Manhattan Park, just north of Reeds Lake, has you covered. This is a beautiful area where you’ll feel the spacious lots, quiet streets, and proximity to excellent schools, making it a perfect place for long-time renters and homebuyers alike. The housing styles here include ranch-style homes, Cape Cods, and modern new builds. It’s a fairly affordable area in East Grand Rapids, but the appreciation is always moving up. A beautiful part about this area is the proximity to Manhattan Park, right in the middle of the neighborhood. This large park includes several soccer fields, and pavilions, is just north of Reeds Lake, and is a five-minute drive into Gaslight Village.

There are a lot of opportunities to invest in East Grand Rapids so whether you’re looking for luxury, family-friendly spaces, or affordable entry points, East Grand Rapids has something for every investor. And don’t forget, the best investment opportunities go fast so you’ll want to work with a local realtor, get yourself prepared for the process, and when the right opportunity does hit, you will be ready.