Duplex with Four-Stall
New
For Sale
$310,000
247 Sweet St NE, Grand Rapids, MI 49505
Two leased residential units sit on a lot with a detached garage that supports storage or rental use, subject to local rules.
Property SizeContact for details
Lot Size0.14 Acres
Days on Market2
Property Features for 247 Sweet St NE
General Information
Standard status
Active
Total Parking Spaces
4
Lot size
0.14 Acres
Property subtype
Investment
Occupancy
100%
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,419
Building Details
Year Built
1900
Units
2
Listing Agency:
616 Realty LLC
Listed By:
Julie A ONeill · License #6506048942
(616) 460-2711
Source:
Elliman
Added: Oct 19
Last Checked: Oct 19 at 2:44PM
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 616 Realty LLC
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Investment Insights
Based on property information with market context.
This duplex at 247 Sweet Street NE contains two residential units and is fully leased. The property occupies a 6,229-square-foot lot and includes a four-stall garage, which may accommodate storage or rental use subject to local zoning and ordinance verification. Built in 1900, the building has had interior updates and mechanical servicing.
Recent work includes replacement of the main and flat roofs, including decking, in 2024. Driveway drainage work, exterior siding repairs, and painting have also been completed.
The property is in Grand Rapids’ Creston neighborhood near the Plainfield Avenue corridor. Dining, shopping, parks, and downtown Grand Rapids are accessible from the area.
Recent work includes replacement of the main and flat roofs, including decking, in 2024. Driveway drainage work, exterior siding repairs, and painting have also been completed.
The property is in Grand Rapids’ Creston neighborhood near the Plainfield Avenue corridor. Dining, shopping, parks, and downtown Grand Rapids are accessible from the area.
Key Highlights
- Fully leased duplex with two residential units
- Four‑stall garage with possible rental or storage use, subject to local zoning and ordinance verification
- 6,229‑square‑foot lot
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased residential units sit on a lot with a detached garage that supports storage or rental use, subject to local rules.
Where is this duplex located?
The property is located at 247 Sweet St 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 duplex with two residential units; Four‑stall garage with possible rental or storage use, subject to local zoning and ordinance verification; 6,229‑square‑foot lot
