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Duplex with Separate Utilities
For Sale
$320,000

1801 College Avenue SE, Grand Rapids, MI 49507

Both apartments are occupied under month-to-month agreements, offering flexibility in lease duration.

Property SizeContact for details
Days on Market10

Property Features for 1801 College Avenue SE

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2
Listing Agency: Five Star Real Estate (Ada)
Listed By: Timothy J Groenhof · License #6506049572
Source: Alexmi
Added: Sep 28 Changed: Oct 2 Last Checked: Oct 5 at 6:42PM

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 Five Star Real Estate (Ada)

Investment Insights

Based on property information with market context.

Built in 1926, this Grand Rapids duplex contains two apartments: a main-floor residence with three bedrooms and one full bathroom, and an upper-level residence with two bedrooms and one bathroom. Both are tenant occupied on month-to-month leases, and each has its own utility service. A full basement provides storage space, while the large driveway accommodates off-street parking.

The property is on College Ave SE, minutes from Downtown Grand Rapids and the shops and restaurants of Alger Heights. Its Walk Score is 75, Bike Score is 68, and Transit Score is 39.

Key Highlights

  • Two apartments: 3 bedrooms and 1 full bathroom on the main floor; 2 bedrooms and 1 bathroom upstairs
  • Each apartment has separate utilities
  • Tenant occupied with month‑to‑month leases

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Dental Office Skin Care Clinic HVAC Service

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
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Both apartments are occupied under month-to-month agreements, offering flexibility in lease duration.
Where is this duplex located?
The property is located at 1801 College Avenue SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two apartments: 3 bedrooms and 1 full bathroom on the main floor; 2 bedrooms and 1 bathroom upstairs; Each apartment has separate utilities; Tenant occupied with month‑to‑month leases
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