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Duplex With Shared Laundry
For Sale
$269,900
Pending

1527 Hillcrest NW Avenue, Grand Rapids, MI 49504

Two-unit property with one occupied residence, one vacant residence, separate utilities, and updated mechanical systems.

Property SizeContact for details
Days on Market486

Property Features for 1527 Hillcrest NW Avenue

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $4,846

Building Details

Year Built 1949
Listing Agency: Edison Brokers & Co LLC
Listed By: Mitchell D Luban · License #6506047711
Source: Exitrealty
Added: May 5, 2025 Changed: Aug 31 Last Checked: Sep 1 at 5:43PM

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 Edison Brokers & Co LLC

Investment Insights

Based on property information with market context.

Built in 1949, this duplex offers a two-unit configuration with one residence currently occupied and the other available for occupancy. The property includes a shared laundry area, separate utility arrangements, and newer mechanical systems. The vacant upper unit provides flexibility for an owner occupant or a future lease-up, while the lower unit is leased with residents responsible for utilities.

Located on Hillcrest NW Avenue in Grand Rapids, the property is positioned near highway access for travel throughout the area. A transferable city certificate is available if the transaction closes before June 30, 2026.

Key Highlights

  • Duplex built in 1949 with two residential units
  • One unit occupied and one unit currently vacant
  • Shared laundry area serves both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby

Demographics for 49504, MI

41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
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 - Two-unit property with one occupied residence, one vacant residence, separate utilities, and updated mechanical systems.
Where is this duplex located?
The property is located at 1527 Hillcrest NW Avenue Grand Rapids, MI.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Duplex built in 1949 with two residential units; One unit occupied and one unit currently vacant; Shared laundry area serves both units
More about this property
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