$550,000
Grand Rapids, MI 49503
MLS# 26049319
1 / 27
Property Description
Now offering the perfect addition to your investment portfolio! 59-61 Grand is a large side-by-side, fully occupied duplex in the heart of Grand Rapids. Each 3 bed 1.5 bath unit is complete with beautiful original hardwoods, high ceilings, updated kitchens & bathrooms. Large front porch and back deck provide additional living & entertainment space. The property has been well-cared for and is ready for new owners. The combination of location, convenient layout and side-by-side setup makes this a gem for renters & owners alike. Walking distance to local restaurants, bars, shops, and all that the vibrant Heritage Hill neighborhood has to offer. This property offers an exceptional opportunity for an investor due to the long-term leases already in place for both units.
Details
Location & Property Info
Cross Streets: Fountain
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: 67x68
Financial Available: Yes
Road Frontage: 67
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2031-02-22
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4573
Lot Acres: 0.11
Year Built: 1900
Tax Info
Taxable Value: 272586
SEV: 275700
For Tax Year: 2025
Seller's Annual Property Tax: 13497.81
Tax Year: 2026
Homestead %: 0
Spec Assessment & Ty: None Known
Zoning: TN-LDR
Tax ID #: 41-14-30-278-023
Remarks & Misc
Public Remarks: Now offering the perfect addition to your investment portfolio! 59-61 Grand is a large side-by-side, fully occupied duplex in the heart of Grand Rapids. Each 3 bed 1.5 bath unit is complete with beautiful original hardwoods, high ceilings, updated kitchens & bathrooms. Large front porch and back deck provide additional living & entertainment space. The property has been well-cared for and is ready for new owners. The combination of location, convenient layout and side-by-side setup makes this a gem for renters & owners alike. Walking distance to local restaurants, bars, shops, and all that the vibrant Heritage Hill neighborhood has to offer. This property offers an exceptional opportunity for an investor due to the long-term leases already in place for both units.
Legal: 411430278023 PART OF LOTS 21 THRU 24 INCL COM AT NE COR OF LOT 22 TH S 0D 09M 20S E ALONG E LINE OF SD LOT 63.45 FT TO A PT 70 FT N OF SE COR OF SD LOT TH N 87D 34M 49S W 67.90 FT TH N 0D 09M 20S W 66.82 FT PAR WITH E LINE OF LOT 23 TO A PT 3.53 FT N OF S LINE OF LOT 24 TH N 88D 16M 58S E 32.49 FT TO A PT 5.80 FT N OF S LINE OF LOT 23 TH S 81D 15M 15S E 22.11 FT TO A PT 3.30 FT N OF S LINE OF LOT
Lot Description
Level: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Natural Gas Available: 1
Utilities Attached
Natural Gas 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
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Paved: 1
Substructure
Full: 1
Michigan Basement: 1
Owner Pays
None: 1
Unit 1
Unit #: 59
Unit Description: 59/ Left Side
SqFt: 1521
Occupied: Yes
Monthly Rent: 2100
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Central Air: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 61
Unit Description: 61/ Right Side
SqFt: 1521
Occupied: Yes
Monthly Rent: 2150
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Central Air: 1
Dishwasher: 1
Fireplace: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 59-61
Street Name: Grand
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503
OfficeContract Info
Status: Active
Current Price: $550,000
List Price: $550,000
Listing Date: 2026-09-16
Property Features
Laundry Features: In Basement
Exterior Material: Vinyl Siding
Substructure: Full; Michigan Basement
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Natural Gas Available
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Central Air; Dishwasher; Range Oven; Refrigerator; Sep. Heat System
Unit 2: Central Air; Dishwasher; Fireplace; Range/Oven; Refrigerator; Sep. Heat System
Listing Office: EXP Realty (Grand Rapids)
Listing Agent: Ryan Ogle
Last Updated: September - 20 - 2026
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