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Updated Two-Unit Duplex
New
For Sale
$279,900

1031 Hamilton Ave NW, Grand Rapids, MI 49504

The property includes an occupied upper unit and a vacant lower unit.

Property SizeContact for details
Days on Market3

Property Features for 1031 Hamilton Ave NW

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Investment

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Gross Income $14,400
Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,414

Building Details

Year Built 1880
Units 2
Listing Agency: United Realty Services LLC
Listed By: Timothy J VandenToorn · License #6502392770
Source: Elliman
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 3 at 2:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Realty Services LLC

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each with 2 bedrooms and 1 bathroom. Both units have received recent updates and capital improvements. The upper residence is occupied, while the lower residence is vacant and ready for occupancy. A one-stall garage serves the property, and professional management is already in place.

Located at 1031 Hamilton Ave NW in Grand Rapids, the property is positioned near downtown, restaurants, shopping, and entertainment. The address records a Walk Score of 56, a Bike Score of 36, and a Transit Score of 28. Lead-related work was completed through the Get the Lead Out program, with inspection and lead-clearance certification from the Kent County Health Department.

Key Highlights

  • Two 2‑bedroom, 1‑bath residential units
  • Recent updates and completed capital improvements
  • Upper unit occupied; lower unit vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Carpet & Flooring Store Nail Salon Grocery & Convenience Store Daycare Center Veterinary Clinic

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

1,455
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

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 - The property includes an occupied upper unit and a vacant lower unit.
Where is this duplex located?
The property is located at 1031 Hamilton Ave NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath residential units; Recent updates and completed capital improvements; Upper unit occupied; lower unit vacant
More about this property
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