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Two-Unit Ranch Duplex
New
For Sale
$320,000

2317 Nelson Avenue SE, Grand Rapids, MI 49507

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market3

Property Features for 2317 Nelson Avenue SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RES.
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Basement, Bathroom 2, Bedroom 4
Parking 6
Parking features Driveway
Basement Full
Lot features Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Directions Kalamzoon to Nelson, North to home
Standard status Active
APN 41-18-08-255-031
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 43 EX NWLY 45 FT ALSO LOT 44 * ELL & DEE ADDITION
Tax Annual Amount 2940
Legal Description LOT 43 EX NWLY 45 FT ALSO LOT 44 * ELL & DEE ADDITION

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1955
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: 616 Realty LLC
Listed By: Charlene Hammontree · License #6506047217
Added: Oct 8 Changed: Oct 9 Last Checked: Oct 10 at 10:06PM
MLS# 26053952

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.

Built in 1955, this ranch-style duplex contains two residences, each with two bedrooms, one full bathroom, a kitchen, and a living room. The basement areas are separate and include laundry and storage space. One residence has a newer walk-in shower, and both have received updates. Each unit is served by its own furnace and water heater. The property has vinyl siding, composition roofing, forced-air heat, window air-conditioning units, and driveway parking.

The 0.16-acre property is in Grand Rapids. Tenants pay gas and electric service; the owner covers water and sewer.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 full bath
  • Separate basement areas with laundry and storage
  • Independent furnace and water heater for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm 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

Location Intelligence

Trade Area within ½ mile

292
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
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 includes two bedrooms, one full bath, and a separate basement area.
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 with laundry and storage; Independent furnace and water heater for each unit
More about this property
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