Side-by-Side Duplex Investment
New
For Sale
$299,900
1655 Madison Avenue SE, Grand Rapids, MI 49507
MULTI_FAMILY - Grand Rapids, MI
Lot Size0.17 Acres
Days on Market5
Property Features for 1655 Madison Avenue SE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RES
Bedrooms
6
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 5, Bathroom 1, Bedroom 2, Basement, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 6, Bedroom 1
Parking
2
Basement
Full
Lot features
Sidewalk
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Standard status
Active
APN
41-18-06-326-028
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 1 BLK 1* REYNOLDS & FRANKLIN S ADDITION
Tax Annual Amount
5533
Legal Description
LOT 1 BLK 1* REYNOLDS & FRANKLIN S ADDITION
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air
Amenities
washer/dryer hookup
yard space
off street parking
Building Details
Year built
1928
Number of units
2
Building materials
Brick, Wood Siding
Roof type
Composition
Listing Agency:
Bellabay Realty (North)
(616) 719-1022
Listed By:
Angela J Worth · License #6506048923
(616) 299-3953
Added: Jul 27
Changed: Jul 31
Last Checked: Jul 31 at 12:06PM
MLS# 26038778
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Investment Insights
Based on property information with market context.
This side-by-side duplex features two identical, functional unit layouts. Each unit includes a large living area, kitchen, and a convenient half bath on the main level, with three bedrooms and a full bathroom upstairs. Hardwood floors and original woodwork run throughout both units, and each lower level provides its own separate space with washer/dryer hookup, keeping the units independent.
The property is a 1928 brick and wood siding building with forced-air heating and a composition roof. Utilities are split between the units except for water, with public sewer available and natural gas available. Both units are currently occupied on month-to-month leases.
Recent improvements include a new furnace and water heater installed for unit 1657 in December 2025 and fresh painting for unit 1655 in July 2025. A new driveway was installed in 2019. The exterior offers off-street parking and additional yard space, supporting day-to-day tenant convenience.
Lot size is 0.17 acres.
The property is a 1928 brick and wood siding building with forced-air heating and a composition roof. Utilities are split between the units except for water, with public sewer available and natural gas available. Both units are currently occupied on month-to-month leases.
Recent improvements include a new furnace and water heater installed for unit 1657 in December 2025 and fresh painting for unit 1655 in July 2025. A new driveway was installed in 2019. The exterior offers off-street parking and additional yard space, supporting day-to-day tenant convenience.
Lot size is 0.17 acres.
Key Highlights
- Two identical side‑by‑side units with three bedrooms and a full bath upstairs
- Washer/dryer hookups on separate lower levels for each unit
- Utilities split between units except water; public sewer available
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Side-by-side duplex with independent lower-level washer/dryer hookups, off-street parking, and month-to-month tenants in place.
Where is this duplex located?
The property is located at 1655 Madison Avenue 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 identical side‑by‑side units with three bedrooms and a full bath upstairs; Washer/dryer hookups on separate lower levels for each unit; Utilities split between units except water; public sewer available
