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Duplex with Fenced Backyard
For Sale
$229,000

238 Travis Street NE, Grand Rapids, MI 49505

Separate electric meters and a defined utility allocation support operation of the two-unit property.

Property SizeContact for details
Days on Market115

Property Features for 238 Travis Street NE

General Information

Standard status Active
Property subtype 2 to 4 Units
Occupancy 100%

Financials

Gross Income $27,900
Average Monthly Rent $1,162

Site & Location

Neighborhood Creston
Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2
Individually Metered Utilities electricity

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,221

Building Details

Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: City2Shore Real Estate (GR)
Listed By: Abisai Munoz · License #6501407838
Source: Carinirealtors
Added: Jul 8 Changed: Oct 26 Last Checked: Oct 26 at 3:37PM

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 City2Shore Real Estate (GR)

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Investment Insights

Based on property information with market context.

Built in 1900, this two-unit duplex at 238 Travis Street NE has a two-bedroom, one-bathroom residence on the main level and a one-bedroom, one-bathroom unit upstairs. The lower unit includes living and dining areas, partial basement space, and its own use of the driveway and backyard. A storage shed and fenced yard are also on the property.

Both units are occupied. Each has a separate electric meter, while gas, water, and sewer costs are allocated on a 60/40 basis. City certification runs through January 2028.

The property is in the Creston neighborhood of northeast Grand Rapids, with downtown, shopping, restaurants, parks, and major highways described as a short drive away.

Key Highlights

  • Two occupied units: a 2‑bedroom, 1‑bathroom main‑floor residence and a 1‑bedroom, 1‑bathroom upper unit
  • City certification through January 2028
  • Separate electric meters; gas, water, and sewer utilities split 60/40

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby

Demographics for 49505, MI

31,444
Population
14,197
Households
2.2
Avg Household Size
36
Median Age
40%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,573
Density / Sq Mi
$71,692
Median Household Income
$43,778
Median Earnings
$1,248
Median Rent
$227,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate electric meters and a defined utility allocation support operation of the two-unit property.
Where is this duplex located?
The property is located at 238 Travis Street NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Two occupied units: a 2‑bedroom, 1‑bathroom main‑floor residence and a 1‑bedroom, 1‑bathroom upper unit; City certification through January 2028; Separate electric meters; gas, water, and sewer utilities split 60/40
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