Properties for sale in Michigan

1655 Madison Avenue SE, Grand Rapids, MI 49507

New Listing

$299,900

Property Type: Multi Family Lot Size (sq. ft.): 7,187 Status: Active

Current Price: $299,900 List Date: 7/28/2026 Last Modified: 7/28/2026

Overview

Description

More photos coming soon! Investment Opportunity: Side-by-Side Duplex This 3 bedroom, 1.5 bath side-by-side duplex offers a rare turnkey opportunity in a location poised for continued growth. Each unit shares an identical, functional floorplan, ideal for investors who want consistency across a property. The main floor of each unit features a large living area, kitchen, and a convenient half bath. Upstairs, you will find 3 nicely sized bedrooms and a full bathroom. Beautiful hardwood floors and original woodwork run throughout both units, adding character that tenants love. Each lower level offers its own separate space with washer/dryer hookup, keeping the units fully independent. Recent updates add to the value here: 1657 had a new furnace and water heater installed in December 2025, and 1655 was freshly painted in July 2025, both reducing near term maintenance costs for a new owner.

Supplements: Utilities are split between units, with the exception of water, simplifying expense tracking for ownership. Both units are currently occupied on month to month leases with great, long term tenants in place: A new driveway was installed in 2019, and the property offers plenty of off street parking plus additional yard space, both strong tenant dra ... (Read more)

Listing Details MLS# 26038778

Location Property Info

County: Kent
Street #: 1655
Street Name: Madison
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49507

General Property Info

Lot Measurement: Acres
Lot Square Footage: 7187
Lot Acres: 0.17
Lot Dimensions: 60*120
Year Built: 1928
New Construction: No
Financial Available: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-03-07
Road Frontage: 60
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 2400
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 41-18-06-326-028
Taxable Value: 108001
SEV: 117600
For Tax Year: 2025
Seller's Annual Property Tax: 5533.49
Tax Year: 2025
Spec Assessment & Ty: None known to seller
Zoning: RES
Homestead %: 0

Waterfront Options

Water Access Y/N: No

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: 1655
Unit Description: 1655
SqFt: 1200
Occupied: Yes
Monthly Rent: 1500
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes
Range Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 1657
Unit Description: 1657
SqFt: 1200
Occupied: Yes
Monthly Rent: 1703
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes
Range/Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Madison & Dickinson
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 124.96

Remarks & Misc

Public Remarks: More photos coming soon! Investment Opportunity: Side-by-Side Duplex This 3 bedroom, 1.5 bath side-by-side duplex offers a rare turnkey opportunity in a location poised for continued growth. Each unit shares an identical, functional floorplan, ideal for investors who want consistency across a property. The main floor of each unit features a large living area, kitchen, and a convenient half bath. Upstairs, you will find 3 nicely sized bedrooms and a full bathroom. Beautiful hardwood floors and original woodwork run throughout both units, adding character that tenants love. Each lower level offers its own separate space with washer/dryer hookup, keeping the units fully independent. Recent updates add to the value here: 1657 had a new furnace and water heater installed in December 2025, and 1655 was freshly painted in July 2025, both reducing near term maintenance costs for a new owner.
Legal: LOT 1 BLK 1* REYNOLDS & FRANKLIN S ADDITION

Lot Description

Sidewalk: Yes

Street Type

Public: Yes

Util Avail at Street

Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Laundry Features

In Basement: Yes

Exterior Material

Brick: Yes
Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

None: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

Paved: Yes

Substructure

Full: Yes

Owner Pays

Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: In Basement Exterior Material: Brick; Wood Siding Roofing: Composition Substructure: Full Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Natural Gas Available; Public Sewer; Public Water Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Paved Street Type: Public Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator; Washer/Dryer Unit 2: Range/Oven; Refrigerator; Washer/Dryer

Listing Office: Bellabay Realty (North)

Listing Agent: Angela J Worth

Last Updated: July - 28 - 2026

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