Character Duplex with
For Sale
$319,500
745 Prospect Avenue SE, Grand Rapids, MI 49503
Multi Family, Grand Rapids, MI
Property SizeContact for details
Lot Size0.10 Acres
Days on Market19
Property Features for 745 Prospect Avenue SE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Res
Bedrooms
5
Full bathrooms
2
Rooms
Bathroom 2, Laundry Room, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Basement, Bedroom 5
Basement
Full, Walk-Out Access
Lot features
Sidewalk, Corner Lot
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
Corner of Franklin and Prospect
Standard status
Active
APN
41143118203
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E 100 FT OF S 44 FT OF LOT 10 BLK 8* J PENNEY S ADDITION* BEING PART OF E 1/2 OF NW 1/4 SEC 31-7-11
Tax Annual Amount
2312
Legal Description
E 100 FT OF S 44 FT OF LOT 10 BLK 8* J PENNEY S ADDITION* BEING PART OF E 1/2 OF NW 1/4 SEC 31-7-11
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Amenities
wood flooring
high ceilings
ornate wood work
spacious foyer
french doors
fireplace
transom window
separate locked storage areas
separate laundry area
quaint rear yard
Building Details
Year built
1900
Number of units
2
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Pro Real Estate Services LLC
(616) 293-5269
Listed By:
Aurelia R Becker · License #6502390769
(616) 293-5269
Added: Aug 13
Changed: Aug 21
Last Checked: Aug 31 at 9:06AM
MLS# 26042512
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.
Built in 1900, this two-unit property combines period detailing with practical separation between residences. The main-floor unit includes 2 bedrooms, wood floors, 10-foot ceilings, a foyer, French doors, ornate woodwork, and a fireplace. The upper unit has 3 bedrooms, high ceilings, wood flooring, trim details, a transom window, and access to an unfinished third-floor attic. The upper residence is vacant, while the main-floor tenant has occupied the property for 7 years.
Each unit has designated basement storage and laundry space, and double washer and dryer sets remain. Improvements include a new roof installed in 2024, many newer windows, 2 newer water heaters, and exterior painting completed 3 years ago. The property sits on 0.1 acres with a rear yard, public sewer, forced-air heat, wood siding, and a composition roof. Located at 745 Prospect Avenue SE in Grand Rapids, the property is near downtown, Wealthy Street restaurants and pubs, Trinity Health, expressways, and bus lines.
Each unit has designated basement storage and laundry space, and double washer and dryer sets remain. Improvements include a new roof installed in 2024, many newer windows, 2 newer water heaters, and exterior painting completed 3 years ago. The property sits on 0.1 acres with a rear yard, public sewer, forced-air heat, wood siding, and a composition roof. Located at 745 Prospect Avenue SE in Grand Rapids, the property is near downtown, Wealthy Street restaurants and pubs, Trinity Health, expressways, and bus lines.
Key Highlights
- Two‑unit duplex at 745 Prospect Avenue SE, Grand Rapids, MI 49503
- Main‑floor residence has 2 bedrooms; upper residence has 3 bedrooms
- Upper unit is vacant; main‑floor tenant has occupied the property for 7 years
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
Explore this area
Business Placement
Demographics for 49503, MI
39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level duplex with separate laundry and storage areas, original detailing, and a vacant upper residence.
Where is this duplex located?
The property is located at 745 Prospect Avenue SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $319,500.
What are key features of this property?
This property features: Two‑unit duplex at 745 Prospect Avenue SE, Grand Rapids, MI 49503; Main‑floor residence has 2 bedrooms; upper residence has 3 bedrooms; Upper unit is vacant; main‑floor tenant has occupied the property for 7 years
