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Occupied Two-Unit Duplex

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

For Sale
$385,000

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

Property SizeContact for details
Days on Market52

Property Features for 2435-2437 Edgewood Ave SE

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Site & Location

Neighborhood Ridgemoor
Public Transit Yes

Units

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

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
Listing Agency: The Local Element
Listed By: Nikki R DuPont
Source: Elliman
Added: Sep 19 Changed: Nov 2 Last Checked: Nov 8 at 7:08AM

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 The Local Element

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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

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

Properties on Market for Duplexes in Grand Rapids

Jul
Aug
Sep
Oct

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 - 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 $385,000.
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
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