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Duplex with Four-Stall Garage
New
For Sale
$310,000

247 NE Sweet Street NE, Grand Rapids, MI 49505

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market2

Property Features for 247 NE Sweet Street NE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description TN-LDR
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3
Parking 4
Basement Full
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Directions Plainfield to sweet st
Standard status Active
APN 41-14-18-181-022
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 12 BLK 4* THE WARTROUS ADDITION
Tax Annual Amount 5419
Legal Description LOT 12 BLK 4* THE WARTROUS ADDITION

Utilities

Utilities Natural Gas Available
Heating system Hot Water(Heating)

Building Details

Year built 1900
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: 616 Realty LLC
Listed By: Julie A ONeill · License #6506048942
Added: Oct 15 Last Checked: Oct 16 at 8:06AM
MLS# 26055023

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.

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Investment Insights

Based on property information with market context.

This two-unit duplex is fully leased and sits on a 6,229-square-foot lot. The property has vinyl siding, a composition roof, hot-water heat, and a basement. A four-stall garage provides additional enclosed space. The home was built in 1900, and natural gas is available.

Recent work includes replacement of the main and flat roofs with decking in 2024, driveway drainage improvements, siding repairs and painting, interior updates, and mechanical servicing. The property is near the Plainfield Avenue corridor, with access to dining, shopping, parks, and downtown Grand Rapids.

Key Highlights

  • Fully leased two‑unit duplex
  • Four‑stall garage
  • 6,229‑square‑foot lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Nail Salon Kitchen & Bath Showroom Cafe & Coffee Shop Pharmacy (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

Location Intelligence

Trade Area within ½ mile

728
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 - A fully leased two-unit property includes a garage and recent roof, exterior, and interior work.
Where is this duplex located?
The property is located at 247 NE Sweet Street NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Fully leased two‑unit duplex; Four‑stall garage; 6,229‑square‑foot lot
More about this property
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