$279,900
Grand Rapids, MI 49504
MLS# 26046308
1 / 28
Property Description
Investor or house-hack opportunity on Grand Rapids' desirable NW side! This updated duplex offers two 2-bedroom, 1-bath units with strong income potential. The upper unit is tenant occupied at $1,200/month, while the vacant lower unit is move-in ready with projected rent of approximately $1,400/month, creating potential gross rental income of $2,600/month. Both units have been recently updated, with numerous capital improvements already completed, helping reduce near-term work for the next owner. The property also completed the Get the Lead Out program, including inspection and lead-clearance certification through the Kent County Health Department. One-stall garage and a convenient location near downtown, restaurants, shopping and entertainment. Professional property management is already in place for an easy transition. Live in one and offset your mortgage, or lease both for a ready-to-go investment!
Details
Location & Property Info
Cross Streets: Leonard
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 50*91
Financial Comments: 0 Pts/0 Reps
Road Frontage: 50
Cert of Compliance: No
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4550
Lot Acres: 0.1
Year Built: 1880
Tax Info
Taxable Value: 42616
SEV: 96800
For Tax Year: 2025
Seller's Annual Property Tax: 5414
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: R-2
Tax ID #: 41-13-24-128-052
Remarks & Misc
Public Remarks: Investor or house-hack opportunity on Grand Rapids' desirable NW side! This updated duplex offers two 2-bedroom, 1-bath units with strong income potential. The upper unit is tenant occupied at $1,200/month, while the vacant lower unit is move-in ready with projected rent of approximately $1,400/month, creating potential gross rental income of $2,600/month. Both units have been recently updated, with numerous capital improvements already completed, helping reduce near-term work for the next owner. The property also completed the Get the Lead Out program, including inspection and lead-clearance certification through the Kent County Health Department. One-stall garage and a convenient location near downtown, restaurants, shopping and entertainment. Professional property management is already in place for an easy transition. Live in one and offset your mortgage, or lease both for a ready-to-go investment!
Legal: LOT 1308* PANFIL S ASSESSOR S PLAT NO 56* OF LOTS 2 TO 15 INC & PART OF LOT 16 OF RICHMOND S ADD
Street Type
Paved: 1
Util Avail at Street
Cable Available: 1
Natural Gas Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
No: 1
Exterior Material
Brick: 1
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Space Heater: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Aggregate: 1
Unpaved: 1
Substructure
Michigan Basement: 1
Extras
Garages: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit Description: Apt 1
Occupied: No
Monthly Rent: 1395
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit Description: Apt 2
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 1031
Street Name: Hamilton
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 4217
OfficeContract Info
Status: Active
Current Price: $279,900
List Price: $279,900
Listing Date: 2026-09-01
Remarks Misc
Directions: Leonard to Hamlton South to property
Property Features
Exterior Material: Brick; Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Natural Gas Available
Extras: Garages
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air; Space Heater
Air Conditioning: None
Driveway: Aggregate; Unpaved
Street Type: Paved
Mineral Rights: No
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Dishwasher; Garage; Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Listing Office: United Realty Services LLC
Listing Agent: Timothy J VandenToorn
Last Updated: September - 01 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.