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Updated Two-Unit Duplex
New
For Sale
$399,900

39 Fair Street SE, Grand Rapids, MI 49507

MULTI_FAMILY - Grand Rapids, MI

Property SizeContact for details
Lot Size0.18 Acres
Days on Market1

Property Features for 39 Fair Street SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description MULTI
Bedrooms 7
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bathroom 2, Basement, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 7
Parking 2
Lot features Sidewalk
Elementary school Campus Elementary School
High school Ottawa Hills High School
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Directions Hall to Division. South to Fair. East to property.
Standard status Active
APN 41-18-06-107-037
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 411806107037 E 35 FT OF LOTS 1 & 2 BLK 2 CENTENNIAL PLAT & PART OF SPACE A LYING BETWEEN BLKS 1 & 2 OF CENTENNIAL PLAT & PART OF S 50 FT OF LOT 10 BLK 5 SCRANTON'S ADD COM AT SW COR OF SD SPACE A TH N 150 FT TH E 40 FT TH SLY 70.3 FT TO A PT 31.3 FT W OF E LINE SD SPACE A TH W 20.6 FT TH SLY 79.6 FT TO A PT 9.4 FT E OF BEG TH W 9.4 FT TO BEG *
Tax Annual Amount 6742
Legal Description 411806107037 E 35 FT OF LOTS 1 & 2 BLK 2 CENTENNIAL PLAT & PART OF SPACE A LYING BETWEEN BLKS 1 & 2 OF CENTENNIAL PLAT & PART OF S 50 FT OF LOT 10 BLK 5 SCRANTON'S ADD COM AT SW COR OF SD SPACE A TH N 150 FT TH E 40 FT TH SLY 70.3 FT TO A PT 31.3 FT W OF E LINE SD SPACE A TH W 20.6 FT TH SLY 79.6 FT TO A PT 9.4 FT E OF BEG TH W 9.4 FT TO BEG *

Utilities

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

Building Details

Year built 1915
Number of units 2
Building materials Vinyl Siding
Listing Agency: Hello Homes GR
Listed By: Ashley Schaefer
Added: Aug 5 Last Checked: Aug 5 at 9:06PM
MLS# 26040594

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 two-unit duplex includes a four-bedroom residence and a three-bedroom residence, each with one full bathroom. Both units have updated kitchens with quartz countertops, stainless steel appliances, open shelving, and neutral flooring. Unit A includes a dining area, while Unit B offers a living room, in-unit washer and dryer, and a finished attic bedroom. Basement laundry and storage serve Unit A.

Major mechanical improvements completed in 2024 include new electrical, plumbing, and HVAC systems. Each unit has separate gas and electric utilities. The property also includes a large barn that may accommodate garage, workshop, or storage use. Vinyl siding, forced-air heat, central air, public sewer, and cable availability are additional property features. Built in 1915, the duplex sits on a 0.18-acre lot in Grand Rapids, Michigan.

Key Highlights

  • Two‑unit duplex with 4‑bedroom and 3‑bedroom residences
  • Major electrical, plumbing, and HVAC updates completed in 2024
  • Separate gas and electric utilities for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office Pharmacy (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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 49507, MI

38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two separately metered residences feature renovated kitchens, modernized baths, and distinct laundry arrangements.
Where is this duplex located?
The property is located at 39 Fair Street SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit duplex with 4‑bedroom and 3‑bedroom residences; Major electrical, plumbing, and HVAC updates completed in 2024; Separate gas and electric utilities for each unit
More about this property
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