$229,500
Grand Rapids, MI 49507
MLS# 26046150
1 / 43
Property Description
Southeast Grand Rapids Duplex - Turnkey Investment or Owner-Occupant Opportunity. Charming converted single-family home now offering two spacious 2-bedroom, 1-bath units in a rapidly improving Southeast Grand Rapids neighborhood. The lower unit is currently occupied with reliable rental income in place, while the upper unit is vacant and move-in ready — perfect for an owner-occupant, immediate rent-up, or house-hacking strategy. Each unit offers comfortable, well-proportioned living space. Enjoy the convenience of two off-street parking spaces and a large, dry basement with coin-op laundry, adding extra income potential and storage. The standout feature is the incredibly deep 165-foot backyard — a rare find offering privacy, room to garden, entertain, or simply enjoy outdoor space. Located in a neighborhood seeing significant reinvestment, with new construction and upgrades happening throughout the area. Easy to show. Don't miss this income-producing property in an up-and-coming area.
Details
Location & Property Info
Cross Streets: madison
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: 40x165
Road Frontage: 40
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 6621
Lot Acres: 0.15
Year Built: 1916
Tax Info
Taxable Value: 76536
SEV: 86800
For Tax Year: 2025
Seller's Annual Property Tax: 3952
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Tax ID #: 41-18-06-203-025
Remarks & Misc
Public Remarks: Southeast Grand Rapids Duplex - Turnkey Investment or Owner-Occupant Opportunity. Charming converted single-family home now offering two spacious 2-bedroom, 1-bath units in a rapidly improving Southeast Grand Rapids neighborhood. The lower unit is currently occupied with reliable rental income in place, while the upper unit is vacant and move-in ready — perfect for an owner-occupant, immediate rent-up, or house-hacking strategy. Each unit offers comfortable, well-proportioned living space. Enjoy the convenience of two off-street parking spaces and a large, dry basement with coin-op laundry, adding extra income potential and storage. The standout feature is the incredibly deep 165-foot backyard — a rare find offering privacy, room to garden, entertain, or simply enjoy outdoor space. Located in a neighborhood seeing significant reinvestment, with new construction and upgrades happening throughout the area. Easy to show. Don't miss this income-producing property in an up-and-coming area.
Legal: LOT 8* CAMPBELL & UNDERWOOD'S 2ND ADDITION
Util Avail at Street
None: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
VA Loan: 1
Mineral Rights
No: 1
Laundry Features
Common Area: 1
Gas Dryer Hookup: 1
In Basement: 1
Laundry Room: 1
Washer Hookup: 1
Exterior Material
Vinyl Siding: 1
Other: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Paved: 1
Substructure
Daylight: 1
Full: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 700
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 830
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 425
Street Name: Adams
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49507
Zip (4): 1831
OfficeContract Info
Status: Active
Current Price: $229,500
List Price: $229,500
Listing Date: 2026-08-31
Property Features
Laundry Features: Common Area; Gas Dryer Hookup; In Basement; Laundry Room; Washer Hookup
Exterior Material: Vinyl Siding; Other
Substructure: Daylight; Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: None
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Mineral Rights: No
Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; Sep. Heat System
Unit 2: Range/Oven; Refrigerator; Sep. Heat System
Listing Office: Tall Tree Realty and Property Management LLC
Listing Agent: Lewis Smalligan
Last Updated: October - 11 - 2026
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