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Turn-Key Duplex Investment
For Sale
$269,000

214 Delaware Street SE, Grand Rapids, MI 49507

MULTI_FAMILY - Grand Rapids, MI

Property SizeContact for details
Lot Size0.07 Acres
Days on Market38

Property Features for 214 Delaware Street SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Not available
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Basement, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Parking 2
Parking features Paved or Surfaced
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Directions Jefferson to East on Delaware
Standard status Active
APN 41-14-31-376-017
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description W 40 FT OF LOTS 74 & 75* WATSON & WESTON ADDITION
Tax Annual Amount 3163
Legal Description W 40 FT OF LOTS 74 & 75* WATSON & WESTON ADDITION

Utilities

Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1908
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Listed By: Norrine T Long
Added: Jul 24 Last Checked: Aug 30 at 9:06AM
MLS# 26038261

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turn-key duplex features two 2-bedroom, 1-bath units. The property was brought down to the studs and updated in 2020 with new electric, plumbing, paint, and furnaces. Both units are currently rented. The lower unit provides access to the basement and garage, and the duplex has separate gas and electric meters for each unit.

A rental certification is in the process of being renewed and will be transferrable to new owners. The property is located at 214 Delaware Street SE in Grand Rapids, Michigan 49507, in Kent County.

Key Highlights

  • Duplex built in 1908 with vinyl siding and a composition roof
  • Each unit offers 2 beds and 1 bath (2 bed/1 bath per unit)
  • Both units are currently rented for just under $2,400 per month

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Carpet & Flooring Store Dental Office Catering Service (Bike/Boat/Book/etc) Store Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

638
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

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 - Turn-key two-unit duplex with separate utility meters and both units currently rented.
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: Duplex built in 1908 with vinyl siding and a composition roof; Each unit offers 2 beds and 1 bath (2 bed/1 bath per unit); Both units are currently rented for just under $2,400 per month
More about this property
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