Side-by-Side
New
For Sale
$299,900
1655 Madison Ave SE, Grand Rapids, MI 49507
Side-by-side duplex with two identical 3-bedroom, 1.5-bath units, each with separate lower-level washer/dryer hookups.
Days on Market3
Property Features for 1655 Madison Ave SE
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Building Details
Year Built
1928
Buildings
1
Stories
2
Tenancy
Multi
Abandoned
No
Listing Agency:
Bellabay Realty (SW)
(616) 299-3953
Listed By:
Angela J Worth · License #6506048923
(616) 299-3953
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 8:37AM
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 (SW)
Investment Insights
Based on property information with market context.
This side-by-side duplex features two identical units designed for straightforward ownership. Each unit offers a main floor with a large living area, kitchen, and a convenient half bath, plus an upstairs layout with three bedrooms and a full bathroom. Hardwood floors and original woodwork run throughout both units, and each lower level includes its own separate space with washer/dryer hookup for operational independence.
Recent updates include a new furnace and water heater installed in December 2025 for unit 1657, and fresh paint completed in July 2025 for unit 1655. Utilities are split between units with the exception of water, which can simplify expense tracking. Both units are currently occupied on month-to-month leases.
Outside, the property includes a new driveway installed in 2019, along with plenty of off-street parking and additional yard space for tenant use. The duplex was built in 1928.
Recent updates include a new furnace and water heater installed in December 2025 for unit 1657, and fresh paint completed in July 2025 for unit 1655. Utilities are split between units with the exception of water, which can simplify expense tracking. Both units are currently occupied on month-to-month leases.
Outside, the property includes a new driveway installed in 2019, along with plenty of off-street parking and additional yard space for tenant use. The duplex was built in 1928.
Key Highlights
- Two side‑by‑side units with identical functional floorplans
- Each unit has three bedrooms and 1.5 bathrooms
- Separate lower level washer/dryer hookup for each unit
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
Explore this area
Business Placement
Demographics for 49507, MI
38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
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 - Side-by-side duplex with two identical 3-bedroom, 1.5-bath units, each with separate lower-level washer/dryer hookups.
Where is this duplex located?
The property is located at 1655 Madison Ave SE 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 side‑by‑side units with identical functional floorplans; Each unit has three bedrooms and 1.5 bathrooms; Separate lower level washer/dryer hookup for each unit
