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Duplex with Detached Two-Car 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 Market39

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 Basement, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2
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)

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: Jul 25 Last Checked: Aug 21 at 8:06PM
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 offers a practical two-unit setup with a main-floor 2-bedroom, 1-bath layout that includes an additional nonconforming bedroom and in-unit laundry. The upper unit is configured as a 2-bedroom, 1-bath floor plan. A large basement provides approximately 1,000 square feet of additional space, which the seller describes as being suitable for potential third-unit conversion or tenant storage, subject to buyer verification. The property is being sold as-is.

The home includes off-street parking and a detached two-stall garage. It’s located at 1501 College Avenue NE in Grand Rapids, in the Creston neighborhood (Kent County).

Overall, the asset combines two separate residential units with substantial below-grade space and straightforward parking access, making it suitable for investors or an owner-occupant who plans to address the property’s needs directly.

Key Highlights

  • Duplex with a 2‑bed main‑floor unit (+1 nonconforming) and a 2‑bed, 1‑bath upper unit
  • Basement offers about 1,000 sqft of space
  • In‑unit laundry in the main‑floor unit

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 - Duplex with two 2-bedroom units, in-unit laundry, and a large basement plus detached two-stall garage.
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: Duplex with a 2‑bed main‑floor unit (+1 nonconforming) and a 2‑bed, 1‑bath upper unit; Basement offers about 1,000 sqft of space; In‑unit laundry in the main‑floor unit
More about this property
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