Historic Duplex with Both Units
For Sale
$396,000
314 Fuller Avenue SE, Grand Rapids, MI 49506
MULTI_FAMILY - Grand Rapids, MI
Property SizeContact for details
Lot Size0.14 Acres
Days on Market124
Property Features for 314 Fuller Avenue SE
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Basement
Parking
2
Basement
Full
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
From 131 East on Wealthy, North on Fuller, property is on the right.
Standard status
Active
APN
41-14-29-453-011
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 11 BLK 1* H D CARPENTER S ADDITION
Tax Annual Amount
5745
Legal Description
LOT 11 BLK 1* H D CARPENTER S ADDITION
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Building Details
Year built
1890
Number of units
2
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Greenridge Realty (EGR)
(616) 458-3655
Listed By:
Giuseppe Lupis
(616) 443-4821
Added: May 1
Changed: Jul 25
Last Checked: Sep 1 at 3:06AM
MLS# 26019294
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Investment Insights
Based on property information with market context.
This historic duplex offers classic character with two separate residential units. The property is fully occupied, supporting immediate rental continuity. According to the current lease schedule, one unit’s lease ends in August and the other’s lease ends in October, creating defined timing for potential renewal or re-tenanting.
Located at 314 Fuller Avenue SE in Grand Rapids, the duplex sits along the Wealthy Street corridor. The setting places it near local coffee shops, boutiques, and dining, offering a walkable, amenity-rich environment residents typically value for everyday convenience.
For investors or owner-occupants seeking a duplex with occupancy already in place, this structure provides two distinct income units under a known lease timeline. The property’s fully leased status may appeal to buyers looking to add to a portfolio without waiting for unit turnover. An option exists to assume the Seller’s FHA loan, which may be relevant for qualified buyers evaluating financing alternatives.
Located at 314 Fuller Avenue SE in Grand Rapids, the duplex sits along the Wealthy Street corridor. The setting places it near local coffee shops, boutiques, and dining, offering a walkable, amenity-rich environment residents typically value for everyday convenience.
For investors or owner-occupants seeking a duplex with occupancy already in place, this structure provides two distinct income units under a known lease timeline. The property’s fully leased status may appeal to buyers looking to add to a portfolio without waiting for unit turnover. An option exists to assume the Seller’s FHA loan, which may be relevant for qualified buyers evaluating financing alternatives.
Key Highlights
- Grand Rapids duplex with wood siding and composition roof
- Both units fully occupied, providing immediate rental income
- One lease ends in August and one lease ends in October
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
Explore this area
Business Placement
Demographics for 49506, MI
33,050
Population
13,262
Households
2.5
Avg Household Size
34
Median Age
67%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$112,287
Median Household Income
$48,631
Median Earnings
$1,305
Median Rent
$338,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Quintessential historic Grand Rapids duplex with both units currently occupied and lease renewals scheduled for later in the year.
Where is this duplex located?
The property is located at 314 Fuller Avenue SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $396,000.
What are key features of this property?
This property features: Grand Rapids duplex with wood siding and composition roof; Both units fully occupied, providing immediate rental income; One lease ends in August and one lease ends in October
