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

247 Sweet Street NE, Grand Rapids, MI 49505

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market4

Property Features for 247 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 Bathroom 2, Basement, Bedroom 2, Bedroom 1, Bathroom 1, 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 Changed: Oct 16 Last Checked: Oct 18 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 sits on a 6,229-square-foot lot and includes a four-stall garage. The building dates to 1900, has vinyl siding and a composition roof, and uses hot water heat. Work completed in 2024 included a new main and flat roof with decking; other maintenance covered driveway drainage, siding repairs and painting, interior updates, and mechanical servicing. Natural gas is available.

The property is near the Plainfield Avenue corridor in Grand Rapids, with access to dining, shopping, parks, and downtown. The garage may offer rental or storage use, subject to local zoning and ordinance requirements.

Key Highlights

  • Two‑unit property with both units leased
  • Four‑stall garage; rental or storage use is subject to local zoning and ordinances
  • 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 - Both residential units are leased, and recent work includes roof replacement, interior updates, and mechanical servicing.
Where is this duplex located?
The property is located at 247 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: Two‑unit property with both units leased; Four‑stall garage; rental or storage use is subject to local zoning and ordinances; 6,229‑square‑foot lot
More about this property
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