$324,900
Grand Rapids, MI 49503
MLS# 26050941
1 / 21
Property Description
Exceptional investment opportunity in Grand Rapids! This duplex sits on a low-maintenance 3,311 sq ft lot and offers strong income potential. With market rents in the area averaging around $1,625 per unit, this property can yield a potential gross revenue of $3,300+ per month. A little TLC will easily maximize its value, but the property is completely functional and ready to rent as-is. Metered separately for maximum efficiency, each unit features its own electrical panel, furnace, and water heater. Whether you are looking for an addition to your rental portfolio or a house-hacking opportunity to live in one unit while collecting rent from the other, this solid multi-family property offers multiple pathways to build long-term equity.
Details
Location & Property Info
Cross Streets: Eastern Ave SE, Charles Ave SE
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 156.05
General Property Info
New Construction: No
Lot Dimensions: 33' X 100'
Road Frontage: 33
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2082
Total Parking Spaces: 2
School District: Grand Rapids
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 3311
Lot Acres: 0.08
Year Built: 1902
Tax Info
Taxable Value: 85422
SEV: 227200
For Tax Year: 2025
Seller's Annual Property Tax: 4411
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: NONE
Tax ID #: 41-14-30-481-003
Remarks & Misc
Public Remarks: Exceptional investment opportunity in Grand Rapids! This duplex sits on a low-maintenance 3,311 sq ft lot and offers strong income potential. With market rents in the area averaging around $1,625 per unit, this property can yield a potential gross revenue of $3,300+ per month. A little TLC will easily maximize its value, but the property is completely functional and ready to rent as-is. Metered separately for maximum efficiency, each unit features its own electrical panel, furnace, and water heater. Whether you are looking for an addition to your rental portfolio or a house-hacking opportunity to live in one unit while collecting rent from the other, this solid multi-family property offers multiple pathways to build long-term equity.
Legal: N 100 FT OF E 1/2 OF LOT 3 BLK 2* SOUTHWICK S ADDITION
Waterfront Options
Water Access Y/N: No
Lot Description
Level: 1
Sidewalk: 1
Street Type
Paved: 1
Util Avail at Street
None: 1
Utilities Attached
Electricity Connected: 1
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
Sink: 1
Exterior Material
Wood Siding: 1
Assoc. Fee Incl.
None: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Radiant: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Substructure
Daylight: 1
Full: 1
Extras
Laundry Facility: 1
Tenant Storage: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: Lower Unit
SqFt: 1200
Occupied: No
Monthly Rent: 1625
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Fireplace: 1
Garb Disp: 1
Range Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Upper Unit
SqFt: 1200
Occupied: No
Monthly Rent: 1625
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Garb Disp: 1
Range/Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 710
Street Name: Cherry
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49503
Zip (4): 4729
OfficeContract Info
Status: Active
Current Price: $324,900
List Price: $324,900
Listing Date: 2026-09-24
Remarks Misc
Directions: US-131 or I-196 to College Ave S, East (Left) on Cherry St SE to 710.
Property Features
Laundry Features: In Basement; Sink
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Daylight; Full
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: None
Extras: Laundry Facility; Tenant Storage
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air; Radiant
Air Conditioning: None
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Dishwasher; Fireplace; Garb Disp; Range Oven; Refrigerator; Washer/Dryer
Unit 2: Dishwasher; Garb Disp; Range/Oven; Refrigerator; Washer/Dryer
Listing Office: Keymark Realty
Listing Agent: Tara Hartwig
Last Updated: September - 24 - 2026
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