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Duplex with Detached Garage
For Sale
$299,900

1501 College Avenue NE, Grand Rapids, MI 49505

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.23 Acres
Days on Market50

Property Features for 1501 College Avenue NE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RES IMPROVED
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Basement, Bedroom 1, Bedroom 4
Parking 4
Parking features Paved or Surfaced
Lot features Corner Lot
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-14-18-402-025
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 41 & S 1/2 OF LOT 42* SKINNER & PROVINS SUBDIVISION* OF BLOCK 1 STEWART & IVES ADDITION
Tax Annual Amount 7934
Legal Description LOT 41 & S 1/2 OF LOT 42* SKINNER & PROVINS SUBDIVISION* OF BLOCK 1 STEWART & IVES ADDITION

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Hot Water(Heating)

Amenities

in-unit laundry

Building Details

Year built 1900
Number of units 2
Building materials Aluminum Siding
Roof type Composition
Listing Agency: Bellabay Realty (North)
Listed By: Caitlin VanderMeulen
Added: Jul 14 Changed: Aug 27 Last Checked: Sep 1 at 3:06AM
MLS# 26035870

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.

Investment Insights

Based on property information with market context.

This duplex at 1501 College Avenue NE in Grand Rapids, Michigan, includes two separate residential units and a large basement. The main-floor unit has two bedrooms plus one nonconforming bedroom, one bathroom, and in-unit laundry. The upper unit provides two bedrooms and one bathroom. The 1,000-square-foot basement offers additional space for storage or future reconfiguration, subject to applicable requirements. The property is being sold as-is.

Site improvements include a two-stall detached garage and paved off-street parking on a 0.23-acre lot. The 1900-built property has aluminum siding, a composition roof, hot-water heating, natural gas availability, and public sewer service.

Key Highlights

  • Two‑unit duplex with main‑floor and upper‑level residences
  • Main‑floor unit includes 2 bedrooms plus 1 nonconforming bedroom, 1 bathroom, and in‑unit laundry
  • Upper unit has 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Kitchen & Bath Showroom

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

541
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 - The property includes two residential units, a large basement, and paved off-street parking.
Where is this duplex located?
The property is located at 1501 College Avenue NE 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: Two‑unit duplex with main‑floor and upper‑level residences; Main‑floor unit includes 2 bedrooms plus 1 nonconforming bedroom, 1 bathroom, and in‑unit laundry; Upper unit has 2 bedrooms and 1 bathroom
More about this property
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