$344,900
Grand Rapids, MI 49506
MLS# 26008983
1 / 58
Property Description
Updated two-unit property in Grand Rapids' desirable Fairmount Historic District, offering an excellent opportunity for investors. Both units are currently leased, providing immediate rental income. This well-maintained 1,726-square-foot duplex features updated interiors and is conveniently located near Eastown, Heritage Hill, Midtown, downtown Grand Rapids, parks, restaurants, coffee shops and shopping. Located in the sought-after 49506 ZIP code, this property offers an attractive combination of location, versatility and income potential.
Details
Location & Property Info
Cross Streets: Diamond and Cherry
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Subdivision: Fairmount Square
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 199.83
General Property Info
New Construction: No
Lot Dimensions: 43x84
Road Frontage: 43
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1726
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 3615
Lot Acres: 0.08
Year Built: 1895
Tax Info
Taxable Value: 135718
SEV: 166400
For Tax Year: 2025
Seller's Annual Property Tax: 7007.85
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: No
Zoning: Res Multifamily
Tax ID #: 41-14-29-354-017
Remarks & Misc
Public Remarks: Updated two-unit property in Grand Rapids' desirable Fairmount Historic District, offering an excellent opportunity for investors. Both units are currently leased, providing immediate rental income. This well-maintained 1,726-square-foot duplex features updated interiors and is conveniently located near Eastown, Heritage Hill, Midtown, downtown Grand Rapids, parks, restaurants, coffee shops and shopping. Located in the sought-after 49506 ZIP code, this property offers an attractive combination of location, versatility and income potential.
Legal: W 42.74 FT OF S 84 FT OF LOT 19* WEATHERLY S ADDITION
Lot Description
Corner Lot: 1
Level: 1
Sidewalk: 1
Street Type
Public: 1
Util Avail at Street
High Speed Internet: 1
Phone Available: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
In Basement: 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
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Concrete: 1
Substructure
Crawl Space: 1
Full: 1
Michigan Basement: 1
Extras
Garages: 1
Laundry Facility: 1
Sep Electric Meter: 1
Sep Gas Meter: 1
Tenant Storage: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: LR, DR, BD. BA, KIT
SqFt: 1000
Occupied: Yes
Monthly Rent: 1535
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Carport: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: LR, DR, BD, BA, KIT
SqFt: 726
Occupied: No
Monthly Rent: 1095
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Carport: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 921
Street Name: Fairmount
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49506
OfficeContract Info
Status: Active
Current Price: $344,900
List Price: $344,900
Listing Date: 2026-03-10
Remarks Misc
Directions: Diamond St to Fairmount
Property Features
Laundry Features: Common Area; In Basement
Exterior Material: Brick; Wood Siding
Roofing: Composition
Substructure: Crawl Space; Full; Michigan Basement
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet; Phone Available
Extras: Garages; Laundry Facility; Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Concrete
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Carport; Deck/Patio; Dishwasher; Garage; Range Oven; Refrigerator; Sep. Heat System
Unit 2: Carport; Deck/Patio; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System
Listing Office: 616 Realty LLC
Listing Agent: Julie A ONeill
Last Updated: October - 06 - 2026
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