Two-Unit Ranch
For Sale
$320,000
2317 Nelson Avenue SE, Grand Rapids, MI 49507
Both residences have two bedrooms, one full bath, and separate basement areas.
Property SizeContact for details
Days on Market23
Property Features for 2317 Nelson Avenue SE
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Neighborhood
Alger Heights
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
basement storage
laundry
Building Details
Year Built
1955
Construction
ranch
Listing Agency:
GoodHome Realty, LLC
Listed By:
Quinton Lemond
(248) 928-4992
Source:
Goodhomemi
Added: Oct 8
Changed: Oct 28
Last Checked: Oct 28 at 3:09PM
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 GoodHome Realty, LLC
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Investment Insights
Based on property information with market context.
Built in 1955, this ranch-style duplex contains two residences, each with two bedrooms, a full bath, a kitchen, and a living room. Separate basement areas provide storage and laundry, with additional potential usable space. Each unit has its own furnace and water heater.
One residence has a newer walk-in shower, and both units have received additional updates. Tenants are billed separately for gas and electric; the owner pays water and sewer charges. The property is offered for sale only.
One residence has a newer walk-in shower, and both units have received additional updates. Tenants are billed separately for gas and electric; the owner pays water and sewer charges. The property is offered for sale only.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bath
- Separate basement areas offer storage, laundry, and potential usable space
- Individual furnace and water heater for each unit
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
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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 - Both residences have two bedrooms, one full bath, and separate basement areas.
Where is this duplex located?
The property is located at 2317 Nelson 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 residences, each with 2 bedrooms and 1 full bath; Separate basement areas offer storage, laundry, and potential usable space; Individual furnace and water heater for each unit
