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Updated Duplex with Barn
For Sale
$389,900

39 Fair Street SE, Grand Rapids, MI 49507

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.18 Acres
Days on Market59

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 Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 6, Bedroom 4, Basement, Bedroom 5, Bathroom 1
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 Changed: Sep 16 Last Checked: Oct 2 at 5:06AM
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 duplex contains two residential units with refreshed kitchens and bathrooms, neutral flooring, and separate gas and electric utilities. Unit A includes 4 bedrooms, 1 full bathroom, a dining area, and basement laundry with additional storage. Its kitchen has quartz countertops, stainless steel appliances, open shelving, and a modernized finish. Unit B provides 3 bedrooms and 1 full bathroom, along with a living room, updated kitchen, and in-unit washer and dryer; the layout includes a finished attic bedroom.

A detached barn adds functional storage and may accommodate garage or workshop use. Major electrical, plumbing, and HVAC systems were replaced in 2024. The property sits on a 0.18-acre lot and includes vinyl siding, forced-air heating, central air, and public sewer service.

Key Highlights

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

Property Analytics

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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

640
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
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 - Two residential units offer separate utilities, refreshed interiors, and distinct laundry setups for flexible occupancy or rental use.
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 $389,900.
What are key features of this property?
This property features: Two‑unit duplex with 4‑bedroom and 3‑bedroom layouts; Separate gas and electric utilities for each unit; Major electrical, plumbing, and HVAC replacements completed in 2024
More about this property
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