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Occupied Two-Unit Duplex
New
For Sale
$410,000

2435-2437 Edgewood Ave SE, Grand Rapids, MI 49546

Two income-producing units offer utility separation, private outdoor areas, and garage access.

Property SizeContact for details
Days on Market1

Property Features for 2435-2437 Edgewood Ave SE

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Units

Unit Mix 2 x 3BR/1.5BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $4,457

Amenities

central air
fireplace
private outdoor space
garage access
laundry

Building Details

Year Built 1976
Buildings 1
Units 2
Tenancy Multi
Listed By: Junior Martinez
Source: Elliman
Added: Sep 19 Last Checked: Sep 19 at 7:27AM

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 Junior Martinez

Investment Insights

Based on property information with market context.

This 1976 duplex at 2435-2437 Edgewood Ave SE includes two 3-bedroom, 1.5-bath units and is fully occupied. Each residence has central air, its own heating system, a fireplace, private outdoor space, garage access, and laundry or washer-dryer hookups. The layouts provide practical space for long-term residential occupancy.

Tenants are responsible for electric, gas, water, sewer, and trash service, creating clear utility separation between the units and ownership. The property has a Walk Score of 32, a Bike Score of 50, and a Transit Score of 36, reflecting a car-dependent setting with some transit access and bikeable conditions. The duplex may be purchased individually or together with the two-duplex offering at 2931-2933 SE Okemos Dr.

Key Highlights

  • Two fully occupied 3‑bedroom, 1.5‑bath units
  • Built in 1976
  • Tenants pay electric, gas, water, sewer, and trash

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Kitchen & Bath Showroom Plumbing Service HVAC Service (Bike/Boat/Book/etc) 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

940
Businesses Nearby

Demographics for 49546, MI

35,536
Population
13,561
Households
2.6
Avg Household Size
38
Median Age
61%
College-Educated
96%
High-School Grad
17.9 sq mi
ZIP Area
1,985
Density / Sq Mi
$97,386
Median Household Income
$48,008
Median Earnings
$1,275
Median Rent
$389,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two income-producing units offer utility separation, private outdoor areas, and garage access.
Where is this duplex located?
The property is located at 2435-2437 Edgewood Ave SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two fully occupied 3‑bedroom, 1.5‑bath units; Built in 1976; Tenants pay electric, gas, water, sewer, and trash
More about this property
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