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2BR/1BA Duplex Investment Property
For Sale
$225,000
Pending

1236 Alpine Ave NW, Grand Rapids, MI 49504

Duplex with two separate 2-bedroom, 1-bath units offered within a larger multifamily portfolio.

Property SizeContact for details
Days on Market54

Property Features for 1236 Alpine Ave NW

General Information

Standard status Pending
Property subtype Investment

Additional Details

Business Included Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,373

Building Details

Year Built 1890
Units 2
Listing Agency: Edison Brokers & Co LLC
Listed By: Kyle P Naumann · License #6502426806
Source: Elliman
Added: Jun 20 Changed: Aug 8 Last Checked: Aug 12 at 6:55AM

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 Edison Brokers & Co LLC

Investment Insights

Based on property information with market context.

This duplex is offered for sale as part of a larger multifamily package. The building includes two separate residences, and each unit features 2 bedrooms and 1 bathroom, creating a straightforward, tenant-friendly layout for residential income strategies.

The property is located on Alpine Avenue NW in Grand Rapids, near downtown and within reach of major employers, shopping, dining, and public transportation. WalkScore is 69 (somewhat walkable) and BikeScore is 54 (bikeable), with a transitScore of 35.

For buyers seeking a residential income asset, this duplex provides two distinct living spaces under one roof. It may also appeal to investors looking to purchase alongside neighboring multifamily properties to build a contiguous set of income-producing units, depending on their portfolio objectives and acquisition plan.

Key Highlights

  • Duplex built in 1890 with two separate units (2 bedrooms, 1 bathroom each).
  • 2‑unit layout provides separate living spaces for each tenant.
  • Offered as part of a larger multifamily package on Alpine Avenue.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Daycare Center Nail Salon Cafe & Coffee Shop Food Market

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

916
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 - Duplex with two separate 2-bedroom, 1-bath units offered within a larger multifamily portfolio.
Where is this duplex located?
The property is located at 1236 Alpine Ave NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex built in 1890 with two separate units (2 bedrooms, 1 bathroom each).; 2‑unit layout provides separate living spaces for each tenant.; Offered as part of a larger multifamily package on Alpine Avenue.
More about this property
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