$259,900
Grand Rapids, MI 49503
MLS# 26020372
1 / 19
Property Description
Up/down duplex opportunity in one of Grand Rapids' most desirable rental corridors. This multi-family property features two units, including a 3-bedroom, 1-bath upper unit and recent rents at $1,395. The main level offers a 2-bedroom, 1-bath with recent rent of $1,295. Both units are vacant allowing an investor to immediately set market rent or an owner-occupant to move in while offsetting their mortgage. Major capital improvements have already been completed, including a new roof, replacement windows, updated electrical with separate meters and panels, and an updated upper unit bathroom. While there is no in-unit laundry, the property features off-street parking in the rear with alley access, adding convenience and tenant appeal. Located within walking distance to Belknap Park and Griffs Icehouse and less than a mile from the Medical Mile. Easy access for showings. Property management can remain in place making this a truly turn key opportunity.
Details
Maps
Location & Property Info
Cross Streets: Prospect & Cedar
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
List Price/SqFt: 177.65
General Property Info
New Construction: No
Lot Dimensions: 34 x 123
Road Frontage: 34
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2030-11-09
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1463
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4182
Lot Acres: 0.1
Year Built: 1900
Tax Info
Taxable Value: 36400
SEV: 77000
For Tax Year: 2025
Seller's Annual Property Tax: 1879.46
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: RES
Tax ID #: 41-14-19-178-020
Remarks & Misc
Public Remarks: Up/down duplex opportunity in one of Grand Rapids' most desirable rental corridors. This multi-family property features two units, including a 3-bedroom, 1-bath upper unit and recent rents at $1,395. The main level offers a 2-bedroom, 1-bath with recent rent of $1,295. Both units are vacant allowing an investor to immediately set market rent or an owner-occupant to move in while offsetting their mortgage. Major capital improvements have already been completed, including a new roof, replacement windows, updated electrical with separate meters and panels, and an updated upper unit bathroom. While there is no in-unit laundry, the property features off-street parking in the rear with alley access, adding convenience and tenant appeal. Located within walking distance to Belknap Park and Griffs Icehouse and less than a mile from the Medical Mile. Easy access for showings. Property management can remain in place making this a truly turn key opportunity.
Legal: N 34 FT OF LOT 7 BLK 2* W C BRADFORD S ADDITION
Street Type
Paved: 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
Exterior Material
Aluminum Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Trash: 1
Driveway
Paved: 1
Substructure
Full: 1
Michigan Basement: 1
Extras
Sep Electric Meter: 1
Owner Pays
Gas: 1
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: 2B,1BA,LV,KEA
SqFt: 836
Occupied: Yes
Monthly Rent: 1195
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: 3B,1BA,LV,KEA
SqFt: 836
Occupied: No
Monthly Rent: 1295
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 939
Street Name: Prospect
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503
Zip (4): 1636
OfficeContract Info
Status: Active
Current Price: $259,900
List Price: $259,900
Listing Date: 2026-05-06
Remarks Misc
Directions: Follow Google Maps
Property Features
Exterior Material: Aluminum Siding
Roofing: Composition
Substructure: Full; Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available
Extras: Sep Electric Meter
Owner Pays: Gas; Sewer; Water
Tenant Pays: Electric; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Listing Office: United Realty Services LLC
Listing Agent: Chris M Good
Last Updated: May - 06 - 2026
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