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    539 Pine Ave NW Grand Rapids, MI 49504

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    For Sale
    $214,900

    Turnkey duplex in Grand Rapids, ready for immediate occupancy.

    Lot size:
    0.06 Acres

    Property Features for 539 Pine Ave NW

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1890

    Source: Five Star Real Estate (Rock) Agent Bretton C Vredevoogd

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Rapids Duplex Investment Opportunity

    This vacant duplex in Grand Rapids presents a turnkey investment opportunity. The property features two units, each with one bedroom and one bathroom. It has been freshly painted and cleaned. Ample street parking is available. The location offers convenient access to I-196 ramps. The property has a strong rental history; the upper unit was previously rented at $1,200 per month, and the lower unit at $1,000 per month. The property is rental certified through 2028.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.69406
    Latitude
    42.9733

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    FAQs

    What type of property is this?
    Duplex - Turnkey duplex in Grand Rapids, ready for immediate occupancy.
    Where is this duplex located?
    The property is located at 539 Pine Ave NW Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $214,900.
    What are key features of this property?
    This property features: - Turnkey duplex ready for immediate occupancy; - Strong rental history with potential income of $2,200/month; - Rental certified through 2028
    (616) 676-7308
    Request Owner's contact information
    539 Pine Ave NW Grand Rapids, MI 49504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    539 Pine Ave NW Grand Rapids, MI 49504
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