$225,000
Grand Rapids, MI 49503
MLS# 26024806
Status: Coming Soon
1 / 36
Open House (05/30/2026 - 10:00 am - 12:00 pm)
Property Description
Welcome to this 2-unit duplex right in the heart of East Hills. Lower unit has 3 bedrooms and 1 bathroom and upper unit has 2 bedrooms and 1 bathroom. This house has a ton of potential as an owner-occupied home or your next investment property. Both units currently vacant, lower was rented out at $1,600 M2M and upper was rented out at $1,300 M2M. Located just minutes from downtown and the Medical Mile, this property offers convenient access to Cherry Street, Wealthy Street, and Eastown dining, coffee shops, breweries, boutique shopping, and entertainment. Whether you are looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this location offers strong long-term appeal for both lifestyle and rental demand.
Details
Location & Property Info
Cross Streets: Michigan St & Diamond
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
On-Market Date: 2026-05-28
Auction or For Sale: For Sale
List Price/SqFt: 117.68
General Property Info
New Construction: No
Lot Dimensions: 41 x 125
Financial Available: Yes
Road Frontage: 41
Cert of Compliance: No
Cert. of Compliance Exp Date: 2022-08-29
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1912
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 3528
Lot Acres: 0.08
Year Built: 1908
Tax Info
Taxable Value: 87152
SEV: 163400
For Tax Year: 2025
Seller's Annual Property Tax: 4500.07
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None Known
Zoning: Res
Tax ID #: 41-14-29-127-005
Remarks & Misc
Public Remarks: Welcome to this 2-unit duplex right in the heart of East Hills. Lower unit has 3 bedrooms and 1 bathroom and upper unit has 2 bedrooms and 1 bathroom. This house has a ton of potential as an owner-occupied home or your next investment property.
Both units currently vacant, lower was rented out at $1,600 M2M and upper was rented out at $1,300 M2M.
Located just minutes from downtown and the Medical Mile, this property offers convenient access to Cherry Street, Wealthy Street, and Eastown dining, coffee shops, breweries, boutique shopping, and entertainment. Whether you are looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this location offers strong long-term appeal for both lifestyle and rental demand.
Legal: LOT 61* GLENBROOK ADDITION
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Main Level: 1
Upper Level: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Concrete: 1
Substructure
Michigan Basement: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 1050
Occupied: No
Monthly Rent: 1600
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 850
Occupied: No
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 318
Street Name: Diamond
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Zip (4): 3625
OfficeContract Info
Status: Coming Soon
Current Price: $225,000
List Price: $225,000
Listing Date: 2026-05-26
Remarks Misc
Directions: Grand Rapids
Michigan
Get on I-196 E from Michigan St NW
Continue on I-196 E to College Ave NE. Take exit 78 from I-196 E
Take Michigan St NE to Diamond Ave NE
Property Features
Laundry Features: Main Level; Upper Level
Exterior Material: Vinyl Siding
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water; Storm Sewer
Owner Pays: Electricity; Gas; Sewer; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Baseboard
Air Conditioning: None
Driveway: Concrete
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Dishwasher; Range Oven; Refrigerator; Washer/Dryer
Unit 2: Range/Oven; Refrigerator; Washer/Dryer
Listing Office: Smallegan Real Estate
Listing Agent: Jacob Hills
Last Updated: May - 27 - 2026
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