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Side-by-Side Duplex with Stream
For Sale
$389,000
Pending

701-703 Coleman Street SE, Grand Rapids, MI 49548

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.27 Acres
Days on Market101

Property Features for 701-703 Coleman Street SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 6
Full bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking 4
Basement Walk-Out Access
Elementary school district Byron Center
Middle school district Byron Center
High school district Byron Center
Directions W off Eastern just N of 76th
Standard status Pending
APN 412207428014
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2016
Tax Description LOT 23 * SHADY CREEK PLAT NO.2
Tax Annual Amount 4762
Legal Description LOT 23 * SHADY CREEK PLAT NO.2

Utilities

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

Amenities

central air conditioning
separately metered utilities
ample storage
stream

Building Details

Year built 1976
Number of units 2
Building materials Aluminum Siding, Brick
Roof type Composition
Listing Agency: MOXIE Real Estate + Development
Listed By: Kyle J Kimble · License #6501408446
Added: Jun 18 Changed: Sep 16 Last Checked: Sep 26 at 5:06AM
MLS# 26030439

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 side-by-side duplex, built in 1976, includes two residences with approximately 1,300 square feet of finished living space per unit. Each layout provides 3 bedrooms and 1 bathroom, along with central air conditioning, basement storage, forced-air heat, and newer furnaces, water heaters, and an A/C condenser. Separate water/sewer, gas, and electric metering serves each unit. The property has aluminum siding and brick construction, a composition roof, and public sewer service.

Located at 701-703 Coleman Street SE in Grand Rapids, the duplex sits on a 0.27-acre lot within the Byron Center School District. The surrounding setting includes single-family homes on a low-traffic street, while a stream runs through the backyard. Cable is available, and each residence benefits from its own utility metering for day-to-day operating separation.

Key Highlights

  • Side‑by‑side duplex with two 3‑bedroom, 1‑bathroom units
  • Approximately 1,300sf of finished living space per unit
  • 0.27‑acre lot with a backyard stream

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Restaurant Spa & Massage Center Real Estate Agency Hair Salon

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

209
Businesses Nearby

Demographics for 49548, MI

34,741
Population
13,174
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
86%
High-School Grad
10.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$62,218
Median Household Income
$35,831
Median Earnings
$1,129
Median Rent
$149,500
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 separately metered residences offer three-bedroom layouts, central air, updated mechanical systems, and basement storage.
Where is this duplex located?
The property is located at 701-703 Coleman Street SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Side‑by‑side duplex with two 3‑bedroom, 1‑bathroom units; Approximately 1,300sf of finished living space per unit; 0.27‑acre lot with a backyard stream
More about this property
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