$374,900
Grand Rapids, MI 49506
MLS# 26008983
1 / 41
Property Description
Updated two-unit multifamily for sale at 921 Fairmount Street SE, Grand Rapids, MI 49506 in the highly desirable Fairmount Square neighborhood. This well maintained 1,726 sq ft duplex features two updated units with immediate opportunity. Lower unit is tenant occupied providing day-one rental income, upper unit is vacant and ready for an owner occupant or new tenant. Ideal for house hackers, owner occupants, and buy and hold investors seeking cash flow in one of West Michigan's strongest rental markets and the high-demand 49506 zip code. Minutes from Heritage Hill, Midtown, and Downtown Grand Rapids with easy access to restaurants, coffee shops, parks, and shopping. Location, condition, and income potential in one package.
Details
Maps
Location & Property Info
Cross Streets: Diamond and Cherry
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Subdivision: Fairmount Square
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 217.21
General Property Info
New Construction: No
Lot Dimensions: 43x84
Road Frontage: 43
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-06-01
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1726
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 3615
Lot Acres: 0.08
Year Built: 1895
Tax Info
Taxable Value: 135718
SEV: 166400
For Tax Year: 2025
Seller's Annual Property Tax: 7007.85
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: No
Zoning: Res Multifamily
Tax ID #: 41-14-29-354-017
Remarks & Misc
Public Remarks: Updated two-unit multifamily for sale at 921 Fairmount Street SE, Grand Rapids, MI 49506 in the highly desirable Fairmount Square neighborhood. This well maintained 1,726 sq ft duplex features two updated units with immediate opportunity. Lower unit is tenant occupied providing day-one rental income, upper unit is vacant and ready for an owner occupant or new tenant. Ideal for house hackers, owner occupants, and buy and hold investors seeking cash flow in one of West Michigan's strongest rental markets and the high-demand 49506 zip code. Minutes from Heritage Hill, Midtown, and Downtown Grand Rapids with easy access to restaurants, coffee shops, parks, and shopping. Location, condition, and income potential in one package.
Legal: W 42.74 FT OF S 84 FT OF LOT 19* WEATHERLY S ADDITION
Lot Description
Corner Lot: 1
Level: 1
Sidewalk: 1
Street Type
Public: 1
Util Avail at Street
High Speed Internet: 1
Phone 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
FHA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
In Basement: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Concrete: 1
Substructure
Full: 1
Michigan Basement: 1
Extras
Garages: 1
Laundry Facility: 1
Sep Electric Meter: 1
Sep Gas Meter: 1
Tenant Storage: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: LR, DR, BD. BA, KIT
SqFt: 1000
Occupied: Yes
Monthly Rent: 1535
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Carport: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit Description: LR, DR, BD, BA, KIT
SqFt: 726
Occupied: No
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Carport: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 921
Street Name: Fairmount
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49506
OfficeContract Info
Status: Active
Current Price: $374,900
List Price: $374,900
Listing Date: 2026-03-10
Remarks Misc
Directions: Diamond St to Fairmount
Property Features
Laundry Features: Common Area; In Basement
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full; Michigan Basement
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet; Phone Available
Extras: Garages; Laundry Facility; Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Concrete
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Carport; Deck/Patio; Dishwasher; Garage; Range Oven; Refrigerator; Sep. Heat System
Unit 2: Carport; Deck/Patio; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System
Listing Office: 616 Realty LLC
Listing Agent: Julie A ONeill
Last Updated: April - 30 - 2026
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