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Duplex Near Downtown
For Sale
$229,900

954 Adams SE Street, Grand Rapids, MI 49507

Two-unit residential property positioned near highway access and Grand Rapids’ downtown area.

Property SizeContact for details
Days on Market519

Property Features for 954 Adams SE Street

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,162

Building Details

Year Built 1915
Listing Agency: Five Star Real Estate (Main)
Listed By: Doug E Mol
Source: Exitrealty
Added: May 16, 2025 Changed: Sep 2 Last Checked: Sep 15 at 5:34AM

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 Five Star Real Estate (Main)

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Investment Insights

Based on property information with market context.

Built in 1915, this duplex offers a two-unit residential configuration in Grand Rapids, Michigan. The property is located near highway access and the downtown area, providing convenient proximity to central city amenities and transportation routes.

The available property information indicates that the photographs were taken before tenant move-in. This detail should be considered when reviewing the current presentation of the property.

Key Highlights

  • Duplex configuration with two residential units
  • Built in 1915
  • Near highway access

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Auto Parts Store Skin Care Clinic (Bike/Boat/Book/etc) Store

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property positioned near highway access and Grand Rapids’ downtown area.
Where is this duplex located?
The property is located at 954 Adams SE Street Grand Rapids, MI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Duplex configuration with two residential units; Built in 1915; Near highway access
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