1559 Forrest Avenue NE, Grand Rapids, MI 49505 (MLS# 26030149)


$289,900
1559 Forrest Avenue NE
Grand Rapids, MI 49505
MLS# 26030149



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1559-Forrest_001 1559-Forrest_002 1559-Forrest_003 1st floor vacant 1st floor vacant 1st floor vacant 1st floor vacant 1st floor vacant 1st floor vacant 1st floor vacant 1559-Forrest_018 2nd Unit Upstairs 2nd unit upstairs 2nd unit upstairs 2nd unit upstairs 2nd unit upstairs 2nd unit upstairs 2nd unit upstairs 1st-floor 2nd-floor lower-level floorplanimage

Property Description
Excellent Investment or Owner-Occupant Opportunity in Creston Heights! This well-located duplex offers an outstanding opportunity for both investors and owner-occupants. Situated in the desirable Creston Heights neighborhood, it's adjacent to the city high/middle school and just one block from Café Mamo, Lucy's and Quinn & Tuite's Irish Pub, and several other popular restaurants and amenities. Unit 1: 3 bedrooms, 1 full bathroom - currently vacant and previously rented for $1,495/month, making it ideal for owner occupancy or immediate leasing.Unit 2: 4 bedrooms, 1 full bathroom - currently leased through the end of August at $1,695/month. Recent updates include a new furnace in Unit 2 and a new hot water heater in Unit 1, providing added value and peace of mind. Whether you're looking to live in one unit while generating rental income from the other or add a solid property to your investment portfolio, this duplex is a fantastic opportunity.

Details
Location & Property Info
Cross Streets: Plainfield and Sweet Street
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 50 x 100
Financial Available: No
Road Frontage: 50
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2031-04-13
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 0
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 5009
Lot Acres: 0.12
Year Built: 1900
Tax Info
Taxable Value: 90645
SEV: 164800
For Tax Year: 2025
Seller's Annual Property Tax: 4800
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: none
Zoning: Multi Family
Tax ID #: 41-14-18-329-030
Remarks & Misc
Public Remarks: Excellent Investment or Owner-Occupant Opportunity in Creston Heights! This well-located duplex offers an outstanding opportunity for both investors and owner-occupants. Situated in the desirable Creston Heights neighborhood, it's adjacent to the city high/middle school and just one block from Café Mamo, Lucy's and Quinn & Tuite's Irish Pub, and several other popular restaurants and amenities. Unit 1: 3 bedrooms, 1 full bathroom - currently vacant and previously rented for $1,495/month, making it ideal for owner occupancy or immediate leasing.Unit 2: 4 bedrooms, 1 full bathroom - currently leased through the end of August at $1,695/month. Recent updates include a new furnace in Unit 2 and a new hot water heater in Unit 1, providing added value and peace of mind. Whether you're looking to live in one unit while generating rental income from the other or add a solid property to your investment portfolio, this duplex is a fantastic opportunity.
Legal: S 3.0 FT OF LOT 213 ALSO LOT 214 * STEINMANN'S ASSESSOR'S PLAT NO. 7
Street Type
Public: 1
Util Avail at Street
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Gas Dryer Hookup: 1
Washer Hookup: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
None: 1
Substructure
Full: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 1557
Unit Description: 1st floor
SqFt: 1288
Occupied: No
Monthly Rent: 1495
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Range Oven: 1
Refrigerator: 1
W/D Hookup: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: 2nd floor
SqFt: 1337
Occupied: Yes
Monthly Rent: 1695
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
W/D Hookup: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 1559
Street Name: Forrest
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49505
Zip (4): 5077
OfficeContract Info
Status: Active
Current Price: $289,900
List Price: $289,900
Listing Date: 2026-06-18
Remarks Misc
Directions: Plainfield north to Sweet street turn east then Forrest is to the south
Property Features
Laundry Features: Gas Dryer Hookup; Washer Hookup
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Sewer; Public Water
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: None
Street Type: Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Range Oven; Refrigerator; W/D Hookup; Washer/Dryer
Unit 2: Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer

IDX
Listing Office: Novosad Realty Partners
Listing Agent: Barbara Glashouwer
Source MLS Verified

Last Updated: June - 18 - 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.