Duplex with Two-Unit
For Sale
$299,900
1501 College Avenue, Grand Rapids, MI 49505
Duplex offers a main-floor 2-bedroom unit and an upper 2-bedroom unit with in-unit laundry and off-street parking.
Property SizeContact for details
Days on Market34
Property Features for 1501 College Avenue
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Multi Family Home
Zoning
RES IMPROVED
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,934
Amenities
in-unit laundry
Building Details
Year Built
1900
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Bellabay Realty (North)
(616) 719-1022
Listed By:
Caitlin VanderMeulen · License #6501400171
Source:
Thebrokeragehouse
Added: Jul 21
Changed: Aug 23
Last Checked: Aug 23 at 5:04AM
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 Bellabay Realty (North)
Investment Insights
Based on property information with market context.
This duplex features two residential units and an additional basement level. The main-floor unit includes two bedrooms plus one nonconforming bedroom and one bathroom, with in-unit laundry. The upper unit is a two-bedroom, one-bath floor plan. The basement is described as a large, approximately 1,000-sqft area that may be used as storage or could potentially be converted into a third unit, subject to the buyer’s plans and approvals.
The property also includes a two-stall detached garage providing off-street parking. It is being sold as-is. Located at 1501 College Ave NE in Grand Rapids, Michigan, with walkScore and bikeScore noted in the provided materials and transitScore listed as 35, the asset is positioned for tenants who want neighborhood accessibility.
The building’s configuration—two complete units plus basement space—supports straightforward income use while preserving flexibility for renovation or expansion ideas for qualified buyers.
The property also includes a two-stall detached garage providing off-street parking. It is being sold as-is. Located at 1501 College Ave NE in Grand Rapids, Michigan, with walkScore and bikeScore noted in the provided materials and transitScore listed as 35, the asset is positioned for tenants who want neighborhood accessibility.
The building’s configuration—two complete units plus basement space—supports straightforward income use while preserving flexibility for renovation or expansion ideas for qualified buyers.
Key Highlights
- Duplex built in 1900 with two units: a main‑floor 2‑bed (+1 nonconforming) and an upper 2‑bed
- Main‑floor unit includes 1 bath and in‑unit laundry
- Upper unit offers 2 beds and 1 bath
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex offers a main-floor 2-bedroom unit and an upper 2-bedroom unit with in-unit laundry and off-street parking.
Where is this duplex located?
The property is located at 1501 College Avenue Grand Rapids, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Duplex built in 1900 with two units: a main‑floor 2‑bed (+1 nonconforming) and an upper 2‑bed; Main‑floor unit includes 1 bath and in‑unit laundry; Upper unit offers 2 beds and 1 bath
