$309,000
129 Palmer Street NE
Grand Rapids, MI 49505
MLS# 26035145



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Property Description
Don't miss this updated duplex in Grand Rapids' desirable Creston neighborhood! Perfect for investors or owner-occupants, this property features numerous recent improvements, including a new furnace (2023), plus new kitchen countertops and new flooring throughout Unit 2. The duplex has also recently received its Certificate of Compliance and is transferrable to the new owner. Each unit offers separate electric panels, gas meters, heating systems, water heaters, and in-unit washers and dryers, making utility management easy. Ample off-street parking is available in the rear for tenants. With Unit 1's lease ending July 31, there's an excellent opportunity for an owner-occupant or an investor looking to maximize rental potential.

Details
Maps
Location & Property Info
Cross Streets: Ann Street and Center Street
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: 49 x 132
Road Frontage: 49
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2032-04-25
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Grand Rapids
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 6447
Lot Acres: 0.15
Year Built: 1920
Tax Info
Taxable Value: 91150
SEV: 116800
For Tax Year: 2025
Seller's Annual Property Tax: 4707
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Zoning: Residential
Tax ID #: 41-14-18-152-020
Remarks & Misc
Public Remarks: Don't miss this updated duplex in Grand Rapids' desirable Creston neighborhood! Perfect for investors or owner-occupants, this property features numerous recent improvements, including a new furnace (2023), plus new kitchen countertops and new flooring throughout Unit 2. The duplex has also recently received its Certificate of Compliance and is transferrable to the new owner. Each unit offers separate electric panels, gas meters, heating systems, water heaters, and in-unit washers and dryers, making utility management easy. Ample off-street parking is available in the rear for tenants. With Unit 1's lease ending July 31, there's an excellent opportunity for an owner-occupant or an investor looking to maximize rental potential.
Legal: W 33 FT OF LOT 6 BLK 4 & E 16 FT OF LOT 7 BLK 4* COMSTOCK S PLAT
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
2nd Mortgage: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Laundry Features
In Basement: 1
In Unit: 1
See Remarks: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Wall Furnace: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Substructure
Michigan Basement: 1
Owner Pays
Water: 1
Unit 1
Unit Description: LOWER
SqFt: 650
Occupied: Yes
Monthly Rent: 1700
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Washer/Dryer: 1
Unit 2
Unit Description: UPPER
SqFt: 600
Occupied: Yes
Monthly Rent: 1450
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 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 #: 129
Street Name: Palmer
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49505
Zip (4): 4627
OfficeContract Info
Status: Active
Current Price: $309,000
List Price: $309,000
Listing Date: 2026-07-10
Remarks Misc
Directions: Ann to Coit. South on Coit West on Palmer
Property Features
Laundry Features: In Basement; In Unit; See Remarks
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Water
Tenant Pays: Electric; Gas; Sewer; Trash
Heat Source: Natural Gas
Heat Type: Forced Air; Wall Furnace
Terms Available: 2nd Mortgage; Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Dishwasher; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Unit 2: Dishwasher; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer

IDX
Listing Office: Bellabay Realty LLC
Listing Agent: Leanna Barker

Last Updated: July - 10 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.