Two-Unit Duplex with
For Sale
$269,000
214 Delaware Street SE, Grand Rapids, MI 49507
Two separately metered residences each offer two bedrooms and one bathroom, with basement and garage access for the lower unit.
Property SizeContact for details
Days on Market99
Property Features for 214 Delaware Street SE
General Information
Standard status
Active
Property subtype
2 to 4 Units
Occupancy
100%
Site & Location
Neighborhood
Southeast Community
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
gas, electricity
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,163
Building Details
Year Built
1908
Year Renovated
2020
Listing Agency:
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Listed By:
Norrine T Long
(616) 558-7756
Source:
Carinirealtors
Added: Jul 24
Changed: Oct 28
Last Checked: Oct 26 at 11:41AM
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 Berkshire Hathaway HomeServices Michigan Real Estate (Main)
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Investment Insights
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This duplex contains two residences, each configured with two bedrooms and one bathroom. The lower residence has access to the basement and garage. Gas and electric service are separately metered for the units.
Both residences are rented. The building underwent extensive interior work in 2020, including replacement of electrical and plumbing systems, along with new paint and furnaces. Its original construction dates to 1908. The rental certification renewal is underway and is transferable to a new owner.
Both residences are rented. The building underwent extensive interior work in 2020, including replacement of electrical and plumbing systems, along with new paint and furnaces. Its original construction dates to 1908. The rental certification renewal is underway and is transferable to a new owner.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Lower unit includes access to the basement and garage
- Separate gas and electric meters for each unit
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered residences each offer two bedrooms and one bathroom, with basement and garage access for the lower unit.
Where is this duplex located?
The property is located at 214 Delaware Street SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Lower unit includes access to the basement and garage; Separate gas and electric meters for each unit
