$379,000
Grand Rapids, MI 49505
MLS# 26009852
1 / 19
Property 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.
Details
Maps
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
Last Updated: March - 14 - 2026
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