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Two-Unit Property with Laundry
For Sale
$284,900

1448 Broadway Avenue NW, Grand Rapids, MI 49504

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.10 Acres
Days on Market32

Property Features for 1448 Broadway Avenue NW

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description res
Bedrooms 4
Full bathrooms 2
Rooms Basement, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3
Parking 4
Basement Full
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 411313333001
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description W 1/2 OF LOT 205* LEONARD & CO S ADDITION
Tax Annual Amount 4490
Legal Description W 1/2 OF LOT 205* LEONARD & CO S ADDITION

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Amenities

on site laundry
off street parking

Building Details

Year built 1890
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Edison Brokers & Co LLC
Listed By: Mitchell D Luban · License #6506047711
Added: Aug 13 Changed: Sep 12 Last Checked: Sep 13 at 2:06AM
MLS# 26042450

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex at 1448 Broadway Avenue NW includes two functional units with four bedrooms, two bathrooms, a basement, and on-site laundry. Separate utility arrangements and off-street parking support practical day-to-day operation. The property has vinyl siding, forced-air heating, central air, a composition roof, and public sewer service.

Both units are currently leased, and professional property management has been in place for more than 5 years. The existing management company is open to continuing after closing. Built in 1890, the property occupies a 0.1-acre lot in Grand Rapids, with cable service available.

Key Highlights

  • Two‑unit property with four bedrooms and two bathrooms
  • Both units currently leased with split utilities
  • On‑site laundry and off‑street parking

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Daycare Center Cafe & Coffee Shop Locksmith Nail Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

868
Businesses Nearby

Demographics for 49504, MI

41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Leased duplex with split utilities and off-street parking.
Where is this duplex located?
The property is located at 1448 Broadway Avenue NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Two‑unit property with four bedrooms and two bathrooms; Both units currently leased with split utilities; On‑site laundry and off‑street parking
More about this property
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