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Duplex with Separate Utilities
New
For Sale
$249,900

2208 Ramona Ave, Portage, MI 49002

Each residence has its own utility service, and the building underwent a comprehensive renovation in 2021.

Property SizeContact for details
Days on Market6

Property Features for 2208 Ramona Ave

General Information

Standard status Active
Property subtype Investment

Additional Details

Utilities to Site Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,367

Building Details

Year Built 1965
Year Renovated 2021
Units 2
Listing Agency: Grand Rapids Market Center East
Listed By: Christopher M Bruce
Source: Elliman
Added: Oct 1 Last Checked: Oct 5 at 6:49PM

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 Grand Rapids Market Center East

Investment Insights

Based on property information with market context.

The duplex contains two units on nearly half an acre. A comprehensive renovation was completed in 2021, with updates that include a newer roof, newer appliances, and Renewal by Andersen windows throughout. Each unit has separate utilities.

A four-unit configuration may be possible, subject to city approval and applicable zoning requirements. The property has a Bike Score of 68 and a Walk Score of 55.

Key Highlights

  • Two‑unit duplex on nearly half an acre
  • Comprehensive renovation completed in 2021
  • Separate utility service for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Grocery & Convenience Store Furniture & Home Goods Big Box & Wholesale Store

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 49002, MI

19,553
Population
8,975
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
96%
High-School Grad
17.3 sq mi
ZIP Area
1,130
Density / Sq Mi
$71,621
Median Household Income
$45,938
Median Earnings
$910
Median Rent
$223,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence has its own utility service, and the building underwent a comprehensive renovation in 2021.
Where is this duplex located?
The property is located at 2208 Ramona Ave Portage, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two‑unit duplex on nearly half an acre; Comprehensive renovation completed in 2021; Separate utility service for each unit
More about this property
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