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2-Unit Duplex
For Sale
$349,900

1412 Sherman Street SE, Grand Rapids, MI 49506

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.12 Acres
Days on Market10

Property Features for 1412 Sherman Street SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description res
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3
Parking 3
Parking features Driveway
Basement Full
Lot features Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-14-32-276-005
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 4* J A GIDDINGS FIFTH AVENUE ADDITION
Tax Annual Amount 6335
Legal Description LOT 4* J A GIDDINGS FIFTH AVENUE ADDITION

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Year built 1916
Number of units 2
Building materials Wood Siding
Roof type Composition
Listing Agency: Cody and Co.
Listed By: Bryan J Cody
Added: Oct 8 Changed: Oct 16 Last Checked: Oct 17 at 7:06AM
MLS# 26053786

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1916 duplex contains two apartments on a 0.12-acre lot. The larger first-floor unit has two bedrooms, hardwood floors, an updated kitchen with a dishwasher, and access to the basement; it is currently occupied. Upstairs, the one-bedroom, one-bathroom apartment was previously used as a furnished rental. The building has wood siding, a composition roof, and forced-air heating.

Driveway parking provides one off-street space for each apartment, and the utilities are split between the units. The property is located at 1412 Sherman Street SE in Grand Rapids, Michigan.

Key Highlights

  • Two‑unit duplex built in 1916 on a 0.12‑acre lot
  • Occupied lower apartment has two bedrooms and hardwood floors
  • Updated lower‑unit kitchen includes a dishwasher

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Kitchen & Bath Showroom Electrical Service (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

Location Intelligence

Trade Area within ½ mile

889
Businesses Nearby

Demographics for 49506, MI

33,050
Population
13,262
Households
2.5
Avg Household Size
34
Median Age
67%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$112,287
Median Household Income
$48,631
Median Earnings
$1,305
Median Rent
$338,600
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 - Separate utilities and driveway parking support a straightforward two-unit setup.
Where is this duplex located?
The property is located at 1412 Sherman Street SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1916 on a 0.12‑acre lot; Occupied lower apartment has two bedrooms and hardwood floors; Updated lower‑unit kitchen includes a dishwasher
More about this property
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