$495,000
Kentwood, MI 49548
MLS# 26013518
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Property Description
Welcome to 418-420 56th St -- a meticulously cared for duplex offering expert craftsmanship and quality finishes throughout both units. This turnkey investment is already generating $2,300/month in rental income from one occupied unit, with the second unit available for showing upon accepted offer. Each identical 3-bedroom, 1-bathroom unit was completely renovated in 2023 from top to bottom, featuring new windows, new flooring throughout, new stainless steel appliances, new lighting and plumbing fixtures, a freshly painted interior and exterior, and updated mechanicals. No deferred maintenance here -- just move-in ready spaces designed to attract and retain quality tenants. Whether you are looking to live in one unit and rent the other, or add a fully stabilized asset to your rental portfolio, this property delivers immediate cash flow and long-term value. Opportunities like this don't last -- schedule your private showing today!
Details
Maps
Location & Property Info
Cross Streets: 56th and Madison
Property Sub-Type: 2 to 4 Units
Municipality: City of Kentwood
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 297.48
General Property Info
New Construction: No
Lot Dimensions: 86 x 129
Road Frontage: 89
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1664
Total Parking Spaces: 2
School District: Kentwood
Lot Measurement: Acres
Lot Square Footage: 11108
Lot Acres: 0.26
Year Built: 1968
Tax Info
Taxable Value: 110330
SEV: 199600
For Tax Year: 2026
Seller's Annual Property Tax: 6209
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None Known
Zoning: R2
Tax ID #: 41-18-31-401-002
Remarks & Misc
Public Remarks: Welcome to 418-420 56th St -- a meticulously cared for duplex offering expert craftsmanship and quality finishes throughout both units. This turnkey investment is already generating $2,300/month in rental income from one occupied unit, with the second unit available for showing upon accepted offer.
Each identical 3-bedroom, 1-bathroom unit was completely renovated in 2023 from top to bottom, featuring new windows, new flooring throughout, new stainless steel appliances, new lighting and plumbing fixtures, a freshly painted interior and exterior, and updated mechanicals. No deferred maintenance here -- just move-in ready spaces designed to attract and retain quality tenants.
Whether you are looking to live in one unit and rent the other, or add a fully stabilized asset to your rental portfolio, this property delivers immediate cash flow and long-term value. Opportunities like this don't last -- schedule your private showing today!
Legal: LOT 2 ALSO W 16 FT OF LOT 3 * PINECREST PLAT
Street Type
Public: 1
Util Avail at Street
Cable Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Material
Aluminum Siding: 1
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
Substructure
Full: 1
Extras
Laundry Facility: 1
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
Water: 1
Unit 1
Unit Description: 418
SqFt: 832
Occupied: Yes
Monthly Rent: 2300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Central Air: 1
Deck/Patio: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 2
Unit Description: 420
SqFt: 832
Occupied: No
Monthly Rent: 2300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Central Air: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 418
Street Name: 56th
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49548
Zip (4): 5802
OfficeContract Info
Status: Active
Current Price: $495,000
List Price: $495,000
Listing Date: 2026-04-03
Remarks Misc
Directions: GPS
Property Features
Exterior Material: Aluminum Siding; Brick
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available
Extras: Laundry Facility; Sep Electric Meter; Sep Gas Meter
Owner Pays: Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete
Street Type: Public
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Central Air; Deck/Patio; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 2: Central Air; Deck/Patio; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup
Listing Office: EXP Realty LLC
Listing Agent: Filloreta Balaj-Elezi
Last Updated: April - 03 - 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.