1651 Diamond Avenue NE, Grand Rapids, MI 49505

New Listing
$379,000
Property Type: Multi Family Lot Size (sq. ft.): 8,930 Status: Active
Current Price: $379,000 List Date: 3/14/2026 Last Modified: 3/14/2026

Description

This versatile multi-unit property in the Creston neighborhood of Northeast Grand Rapids features two separate living spaces totaling 6+ bedrooms with three kitchens and four full bathrooms offering flexibility for investors, house hackers, or multi-generational living.The 1651 unit is currently vacant and rent is $2200 per month, allowing immediate occupancy, while the 1655 unit is rented for $1750 on a month-to-month. Tenants pay for all utilities except for water, helping simplify management.Outside you'll find that each backyard is fenced in and has a large covered patio and quaint backyard. In addition to the three-stall carport for off-street parking there is a large locked storage area that was previously rented out for an additional $300/year.Property is being sold as-is and presents a great opportunity to add value through updates and repairs.

More Information MLS# 26009852

Location & Property Info

Cross Streets: Drexel and Diamond Property Sub-Type: 2 to 4 Units Municipality: City of Grand Rapids Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: 72 x 131 Road Frontage: 131 Cert of Compliance: Yes Cert. of Compliance Exp Date: 2028-03-02 Waterfront: No Basement: Yes Total # Units: 2 # of Diff Unit Floor Plans: 2 Total # Bldgs: 1 Total Parking Spaces: 6 School District: Grand Rapids Lot Measurement: Acres Lot Square Footage: 8930 Lot Acres: 0.21 Year Built: 1963

Tax Info

Taxable Value: 182280 SEV: 195700 For Tax Year: 2025 Seller's Annual Property Tax: 9412.13 Tax Year: 2025 Homestead %: 0 Spec Assessment & Ty: N/A Zoning: R-2 Tax ID #: 41-14-17-156-003

Remarks & Misc

Public Remarks: This versatile multi-unit property in the Creston neighborhood of Northeast Grand Rapids features two separate living spaces totaling 6+ bedrooms with three kitchens and four full bathrooms offering flexibility for investors, house hackers, or multi-generational living.The 1651 unit is currently vacant and rent is $2200 per month, allowing immediate occupancy, while the 1655 unit is rented for $1750 on a month-to-month. Tenants pay for all utilities except for water, helping simplify management.Outside you'll find that each backyard is fenced in and has a large covered patio and quaint backyard. In addition to the three-stall carport for off-street parking there is a large locked storage area that was previously rented out for an additional $300/year.Property is being sold as-is and presents a great opportunity to add value through updates and repairs. Legal: LOT 112* KENT COUNTRY CLUB* ALSO PART OF SW 1/4 OF NW 1/4 OF SEC 17 T7N R11W COM AT SE COR OF SD LOT TH S 11.4 FT ALONG W LINE OF DIAMOND AVE TH W LY PAR WITH N LINE OF SWEET ST 72 FT TH N TO SW COR OF SD LOT TH E LY ALONG S LINE OF SD LOT TO BEG

Waterfront Options

Water Access Y/N: No

Lot Description

Corner Lot: 1 Sidewalk: 1

Income and Expenses

Gross Op. Inc.: 18000

Street Type

Paved: 1

Util Avail at Street

Cable Available: 1 Natural Gas 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

Mineral Rights

Unknown: 1

Laundry Features

Gas Dryer Hookup: 1 In Basement: 1 Laundry Chute: 1 Laundry Room: 1 Lower Level: 1 Sink: 1 Washer Hookup: 1

Exterior Material

Brick: 1

Roofing

Composition: 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 Trash: 1

Driveway

Concrete: 1 Paved: 1

Substructure

Walk-Out Access: 1

Extras

Carports: 1 Sep Electric Meter: 1 Tenant Storage: 1

Owner Pays

Water: 1

Unit 1

Unit #: 1651 Unit Description: Unit 1 SqFt: 2000 Occupied: No Monthly Rent: 2200 Bedrooms: 2 Bathrooms: 2 Full Baths: 2 Carport: 1 Central Air: 1 Deck/Patio: 1 Fireplace: 1 Refrigerator: 1 Sep. Heat System: 1 W/D Hookup: 1

Unit 2

Unit #: 1655 Unit Description: Unit 2 SqFt: 2000 Occupied: Yes Monthly Rent: 1750 Bedrooms: 4 Bathrooms: 2 Full Baths: 2 A/C Unit: 1 Carport: 1 Central Air: 1 Deck/Patio: 1 Fireplace: 1 Range/Oven: 1 Refrigerator: 1 Sep. Heat System: 1 W/D Hookup: 1 Washer/Dryer: 1

Possession

Close Of Escrow: 1

Location Property Info

County: Kent Street #: 1651 Street Name: Diamond Suffix: Avenue Post Direction: NE State: MI Zip Code: 49505 Zip (4): 4810

OfficeContract Info

Status: Active Current Price: $379,000 List Price: $379,000 Listing Date: 2026-03-13

Property Features

Laundry Features: Gas Dryer Hookup; In Basement; Laundry Chute; Laundry Room; Lower Level; Sink; Washer Hookup Exterior Material: Brick Roofing: Composition Substructure: Walk-Out Access Lot Description: Corner Lot; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Natural Gas Available Extras: Carports; Sep Electric Meter; Tenant Storage Owner Pays: Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Concrete; Paved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Carport; Central Air; Deck/Patio; Fireplace; Refrigerator; Sep. Heat System; W/D Hookup Unit 2: A/C Unit; Carport; Central Air; Deck/Patio; Fireplace; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Listing Office: Greenridge Realty (Summit)
Listing Agent: Melvin R Blohm
IDX
Last Updated: March - 14 - 2026
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