Properties for sale in Michigan

47-49 Coleman Street SE, Grand Rapids, MI 49548

$334,000

Property Type: Multi Family Lot Size (sq. ft.): 9,496 Status: Pending

Current Price: $334,000 List Date: 8/28/2026 Last Modified: 8/31/2026

Overview

Description

Rare Grand Rapids duplex where one side is already renovated and ready to rent, and the other is already paying you. Unit 47 just got a full refresh: new kitchen, new flooring throughout, fresh paint, and a finished basement with new carpet, with appliances being added before closing. Next door, Unit 49 has a long-term, month-to-month tenant already in place, so income starts the moment you close, with room to grow over time. The big ticket upgrades are already done for you: a brand new roof, two new water heaters, fresh landscaping, and a resealed driveway. Each unit is separately metered for gas and electric, and the owner covers water on the shared meter, keeping this simple to manage. Tucked into Grand Rapids' south side near Kentwood and Wyoming, minutes from downtown, a rare pairing of renovation and income in one property.

Listing Details MLS# 26045872

Location Property Info

County: Kent
Street #: 47-49
Street Name: Coleman
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49548
Zip (4): 7764

General Property Info

Lot Measurement: Acres
Lot Square Footage: 9496
Lot Acres: 0.22
Lot Dimensions: 80x120
Year Built: 1996
New Construction: No
Road Frontage: 80
Total # Units: 2
# of Diff Unit Floor Plans: Yes
Total # Bldgs: Yes
Total Parking Spaces: 2
Waterfront: No
School District: Kentwood
Association YN: No

Tax Info

Tax ID #: 41-22-07-304-044
Taxable Value: 72509
SEV: 123000
For Tax Year: 2025
Seller's Annual Property Tax: 3447.88
Tax Year: 2026
Spec Assessment & Ty: none known

Status Change Info

Under Contract Date: 2026-08-30

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit Description: 47
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit Description: 49
Occupied: Yes
Monthly Rent: 1000
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: In Basement; Lower Level Exterior Material: Vinyl Siding Substructure: Full Lot Description: Level Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available Owner Pays: Sewer; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Paved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Range Oven; Refrigerator; W/D Hookup Unit 2: W/D Hookup

Listing Office: EXP Realty (Grand Rapids)

Listing Agent: Mark A VanderWal

Last Updated: August - 31 - 2026

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