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Remodeled Duplex in Grand Rapids
For Sale
$334,900
Pending

1568 Forrest Ave NE, Grand Rapids, MI 49505

Well-maintained duplex with updated interiors and separate utilities.

Property SizeContact for details
Days on Market95

Property Features for 1568 Forrest Ave NE

General Information

Standard status Pending
Property subtype Investment

Taxes and HOA fees

Annual Taxes $7,016

Building Details

Year Built 1929
Units 2
Listing Agency:
Listed By: Leonard Stickney
Source: Elliman
Added: May 20 Changed: Aug 17 Last Checked: Aug 21 at 10:47AM

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 Leonard Stickney

Investment Insights

Based on property information with market context.

This remodeled duplex is located in Grand Rapids and offers convenient access to dining, entertainment, and attractions. The property features two identical units, each with 2 bedrooms and 1 full bathroom. Each unit has separate electrical and natural gas utilities. The building has a solid brick exterior and a detached 2-stall garage. Numerous major improvements have been made, including conversion from a boiler system to independent forced-air heating systems, a recently added roof on the main structure, and split electrical & natural gas services. Interior upgrades include new LVP flooring & carpet, updated lighting fixtures, and fully remodeled bathrooms in both units. The property is City Rental Certified through 2027. The bike score is 53, making it bikeable. The walk score is 79, indicating it is very walkable. The transit score is 35, indicating some transit options are available.

Key Highlights

  • City Rental Certified through 2027, providing immediate rental income potential.
  • Two identical units, each with 2 bedrooms and 1 full bathroom.
  • Recent major improvements including new roof, conversion to independent forced‑air heating, and split utilities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Pharmacy Kitchen & Bath Showroom Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

729
Businesses Nearby

Demographics for 49505, MI

31,444
Population
14,197
Households
2.2
Avg Household Size
36
Median Age
40%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,573
Density / Sq Mi
$71,692
Median Household Income
$43,778
Median Earnings
$1,248
Median Rent
$227,900
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 - Well-maintained duplex with updated interiors and separate utilities.
Where is this duplex located?
The property is located at 1568 Forrest Ave NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: City Rental Certified through 2027, providing immediate rental income potential.; Two identical units, each with 2 bedrooms and 1 full bathroom.; Recent major improvements including new roof, conversion to independent forced‑air heating, and split utilities.
More about this property
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