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Two-Unit Duplex with Detached Garage
For Sale
$309,000

823 Mc Reynolds Ave NW, Grand Rapids, MI 49504

Separate utilities and shared basement laundry support straightforward management for the upper and lower apartments.

Property SizeContact for details
Days on Market20

Property Features for 823 Mc Reynolds Ave NW

General Information

Standard status Active
Property subtype Investment

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,753

Amenities

shared laundry hookups
extra storage

Building Details

Year Built 1885
Units 2
Listing Agency: Tall Tree Realty and Property Management LLC
Listed By: Lewis Smalligan · License #6504428123
Source: Elliman
Added: Aug 13 Changed: Aug 31 Last Checked: Aug 30 at 9:45PM

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 Tall Tree Realty and Property Management LLC

Investment Insights

Based on property information with market context.

Built in 1885, this vinyl-sided duplex contains two apartments arranged on separate levels. Each unit includes 3 bedrooms and 1 bath, with utilities divided between the apartments. Both units are occupied by established long-term tenants, and the property has passed Grand Rapids rental certification.

Alley access serves a detached garage and 2 additional parking spaces. The basement provides shared laundry hookups and storage for both apartments, while the garage offers further storage capacity. The property is located at 823 Mc Reynolds Ave NW in Grand Rapids, Michigan, with a Walk Score of 69, a Bike Score of 54, and a Transit Score of 35.

Key Highlights

  • Two apartments, each with 3 bedrooms and 1 bath
  • Separate utility arrangements for the two units
  • Long‑term tenants in place in both apartments

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Nail Salon Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Florist

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

1,270
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 - Separate utilities and shared basement laundry support straightforward management for the upper and lower apartments.
Where is this duplex located?
The property is located at 823 Mc Reynolds Ave NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 bath; Separate utility arrangements for the two units; Long‑term tenants in place in both apartments
More about this property
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