Property Type:
Multi Family
Lot Size (sq. ft.):
5,750
Status:
Active
Current Price:
$274,900
List Date:
7/27/2026
Last Modified:
7/27/2026
Overview
Description
Investment Opportunity: Spacious Duplex Near Downtown Grand Rapids. Located just 2 miles from downtown Grand Rapids in the Southeast neighborhood, this well maintained, professionally managed duplex offers a turnkey opportunity for investors. The property sits within a designated improvement district, a signal of ongoing neighborhood investment and long term value growth in the area. Current leases are in place through 5/31/2027, giving a new owner immediate, stable cash flow with no lease-up period and a smooth transition. Each unit has its own distinct entrance, with the lower unit offering both front and back access for added convenience and tenant appeal. Separate utility meters for each unit, simplifying billing and reducing owner overhead Recently updated appliances in place, reducing near term capital expenditures.
Supplements:
Detached garage located at the rear of the lot, adjacent to the driveway entrance, offering additional rentable storage potential or added tenant amenity. Strong rental demand location close to downtown employment, dining, and amenities. Whether you are adding to an existing portfolio or purchasing your first income property, this duplex offers ups
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Detached garage located at the rear of the lot, adjacent to the driveway entrance, offering additional rentable storage potential or added tenant amenity. Strong rental demand location close to downtown employment, dining, and amenities. Whether you are adding to an existing portfolio or purchasing your first income property, this duplex offers upside in an improving submarket. Schedule your showing today - 48 hours notice preferred for showings.
Last Updated: July - 27 - 2026
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