$299,900
Grand Rapids, MI 49507
MLS# 26038778
1 / 7
Property Description
More photos coming soon! Investment Opportunity: Side-by-Side Duplex This 3 bedroom, 1.5 bath side-by-side duplex offers a rare turnkey opportunity in a location poised for continued growth. Each unit shares an identical, functional floorplan, ideal for investors who want consistency across a property. The main floor of each unit features a large living area, kitchen, and a convenient half bath. Upstairs, you will find 3 nicely sized bedrooms and a full bathroom. Beautiful hardwood floors and original woodwork run throughout both units, adding character that tenants love. Each lower level offers its own separate space with washer/dryer hookup, keeping the units fully independent. Recent updates add to the value here: 1657 had a new furnace and water heater installed in December 2025, and 1655 was freshly painted in July 2025, both reducing near term maintenance costs for a new owner.
Details
Location & Property Info
Cross Streets: Madison & Dickinson
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 124.96
General Property Info
New Construction: No
Lot Dimensions: 60*120
Financial Available: No
Road Frontage: 60
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-03-07
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2400
Total Parking Spaces: 2
School District: Grand Rapids
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 7187
Lot Acres: 0.17
Year Built: 1928
Tax Info
Taxable Value: 108001
SEV: 117600
For Tax Year: 2025
Seller's Annual Property Tax: 5533.49
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None known to seller
Zoning: RES
Tax ID #: 41-18-06-326-028
Remarks & Misc
Public Remarks: More photos coming soon! Investment Opportunity: Side-by-Side Duplex This 3 bedroom, 1.5 bath side-by-side duplex offers a rare turnkey opportunity in a location poised for continued growth. Each unit shares an identical, functional floorplan, ideal for investors who want consistency across a property. The main floor of each unit features a large living area, kitchen, and a convenient half bath. Upstairs, you will find 3 nicely sized bedrooms and a full bathroom. Beautiful hardwood floors and original woodwork run throughout both units, adding character that tenants love. Each lower level offers its own separate space with washer/dryer hookup, keeping the units fully independent. Recent updates add to the value here: 1657 had a new furnace and water heater installed in December 2025, and 1655 was freshly painted in July 2025, both reducing near term maintenance costs for a new owner.
Legal: LOT 1 BLK 1* REYNOLDS & FRANKLIN S ADDITION
Waterfront Options
Water Access Y/N: No
Lot Description
Sidewalk: 1
Street Type
Public: 1
Util Avail at Street
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Laundry Features
In Basement: 1
Exterior Material
Brick: 1
Wood 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
Paved: 1
Substructure
Full: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 1655
Unit Description: 1655
SqFt: 1200
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Range Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 2
Unit #: 1657
Unit Description: 1657
SqFt: 1200
Occupied: Yes
Monthly Rent: 1703
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Range/Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 1655
Street Name: Madison
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49507
OfficeContract Info
Status: Active
Current Price: $299,900
List Price: $299,900
Listing Date: 2026-07-27
Property Features
Laundry Features: In Basement
Exterior Material: Brick; Wood Siding
Roofing: Composition
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Natural Gas Available; 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: Paved
Street Type: Public
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; Washer/Dryer
Unit 2: Range/Oven; Refrigerator; Washer/Dryer
Supplements
Utilities are split between units, with the exception of water, simplifying expense tracking for ownership. Both units are currently occupied on month to month leases with great, long term tenants in place: A new driveway was installed in 2019, and the property offers plenty of off street parking plus additional yard space, both strong tenant draws. With reliable income already in place, low vacancy risk, and a location benefiting from nearby area growth, this duplex is a smart addition to any portfolio. Check it out before it's gone.
Listing Office: Bellabay Realty (North)
Listing Agent: Angela J Worth
Last Updated: July - 28 - 2026
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