$450,000
Grand Rapids, MI 49506
MLS# 26054787
1 / 12
Open House (10/16/2026 - 4:00 pm - 7:00 pm)
Property Description
TWO HOMES. ONE INCREDIBLE OPPORTUNITY! Whether you're building your real estate portfolio or dreaming of owning a home where your tenant helps pay the mortgage, this charming 1923 duplex offers an exciting path to building wealth! Located in Grand Rapids, 549 & 547 Giddings feature two spacious 2-bedroom, 1-bath apartments, each approximately 1,131 SF, with separate utilities, private basement storage and laundry areas. Currently generating $3,800/month in combined rental income, this property offers immediate income potential for investors and a compelling house-hacking opportunity for future owner-occupants. LIVE IN ONE. RENT THE OTHER. BUILD YOUR FUTURE! OPEN HOUSES: Friday, October 16, 4-7 PM and Saturday, October 17, 1-4 PM.
Details
Location & Property Info
Cross Streets: Giddings at Sherman
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
On-Market Date: 2026-10-12
Auction or For Sale: For Sale
List Price/SqFt: 198.94
General Property Info
New Construction: No
Lot Dimensions: 40'x86'
Financial Available: No
Road Frontage: 40
Cert of Compliance: No
Cert. of Compliance Exp Date: 2026-06-08
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2262
Total Parking Spaces: 2
School District: Grand Rapids
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 3441
Lot Acres: 0.09
Year Built: 1923
Tax Info
Taxable Value: 130802
SEV: 171200
For Tax Year: 2025
Seller's Annual Property Tax: 6754
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Zoning: Res
Tax ID #: 41-14-32-208-028
Remarks & Misc
Public Remarks: TWO HOMES. ONE INCREDIBLE OPPORTUNITY! Whether you're building your real estate portfolio or dreaming of owning a home where your tenant helps pay the mortgage, this charming 1923 duplex offers an exciting path to building wealth! Located in Grand Rapids, 549 & 547 Giddings feature two spacious 2-bedroom, 1-bath apartments, each approximately 1,131 SF, with separate utilities, private basement storage and laundry areas. Currently generating $3,800/month in combined rental income, this property offers immediate income potential for investors and a compelling house-hacking opportunity for future owner-occupants. LIVE IN ONE. RENT THE OTHER. BUILD YOUR FUTURE! OPEN HOUSES: Friday, October 16, 4-7 PM and Saturday, October 17, 1-4 PM.
Legal: LOT 1* ANDERSEN & WANDEL S SUBDIVISION** OF LOTS 169 TO 186 INCLUSIVE OF KELLOGG & BEMIS ADDITION
Waterfront Options
Water Access Y/N: No
Lot Description
Level: 1
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
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 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
Mineral Rights
Unknown: 1
Laundry Features
In Basement: 1
See Remarks: 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
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Paved: 1
Substructure
Full: 1
Extras
Garages: 1
Laundry Facility: 1
Sep Electric Meter: 1
Sep Gas Meter: 1
Tenant Storage: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 549
Unit Description: Main Floor-2 BDR
SqFt: 1131
Occupied: Yes
Monthly Rent: 2025
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 2
Unit #: 547
Unit Description: Upstairs -- 2 BDR
SqFt: 1131
Occupied: Yes
Monthly Rent: 1775
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Garb Disp: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 549
Street Name: Giddings
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 2745
OfficeContract Info
Status: Active
Current Price: $450,000
List Price: $450,000
Listing Date: 2026-10-12
Property Features
Laundry Features: In Basement; See Remarks
Exterior Material: Brick; Wood Siding
Roofing: Composition
Substructure: Full
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Garages; Laundry Facility; Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Deck/Patio; Dishwasher; Garage; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 2: A/C Unit; Deck/Patio; Dishwasher; Garage; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Listing Office: Keller Williams GR North
Listing Agent: Margaux Drake
Last Updated: October - 15 - 2026
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