2-Unit
New
For Sale
$250,000
118 Elm Street SW, Grand Rapids, MI 49507
Multi Family, Grand Rapids, MI
Property SizeContact for details
Lot Size0.09 Acres
Days on Market3
Property Features for 118 Elm Street SW
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 1, Basement, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 3
Parking
4
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
Burton Ave to Division St, north to Elm St, west to address.
Standard status
Active
APN
41-17-01-477-010
Lot size
0.09 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 34* KIRTLAND ADDITION
Tax Annual Amount
3332
Legal Description
LOT 34* KIRTLAND ADDITION
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Building Details
Year built
1900
Number of units
2
Building materials
Aluminum Siding
Listing Agency:
Keller Williams Harbortown · Keller Williams Realty
(616) 288-3244
Listed By:
Rick Genzink · License #6501383095
(616) 836-5576
Added: Oct 30
Last Checked: Nov 1 at 12:06PM
MLS# 26057829
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.
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Investment Insights
Based on property information with market context.
This two-unit duplex was built in 1900 and has aluminum siding, forced-air heating, and a basement. Room details include four bedrooms and three bathrooms. The property occupies a 0.09-acre lot, and natural gas is available.
Both units are occupied and professionally managed. The existing management service may remain in place after the sale. The property is near downtown Grand Rapids, with shopping, dining, and entertainment accessible nearby.
Both units are occupied and professionally managed. The existing management service may remain in place after the sale. The property is near downtown Grand Rapids, with shopping, dining, and entertainment accessible nearby.
Key Highlights
- Two residential units, both currently occupied
- Four bedrooms and three bathrooms
- 0.09‑acre lot
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and professionally managed, with the current management arrangement available to continue after closing.
Where is this duplex located?
The property is located at 118 Elm Street SW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two residential units, both currently occupied; Four bedrooms and three bathrooms; 0.09‑acre lot
