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    Two-Unit Duplex with Vacant Units Title is generated by Realmo AI

    318 Diamond Ave SE, Grand Rapids, MI 49503

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    For Sale
    $225,000

    Two vacant apartments offer 3-bedroom and 2-bedroom layouts for owner-occupant or rental use.

    Type:Investment
    Added:
    Jun 1, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 6 at 3:22 am

    Property Features for 318 Diamond Ave SE

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1905

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    Listing Contact
    Jacob Hills

    Listing agent Jacob Hills License #6502431660

    Listing office Smallegan Real Estate

    Listing date Jun 1, 2026

    Source Elliman

    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 Smallegan Real Estate

    HighLights

    • 2‑unit duplex (Year built 1905) with two vacant apartments
    • Lower unit: 3 bedrooms and 1 bathroom
    • Upper unit: 2 bedrooms and 1 bathroom
    • Both units were previously rented: lower at $1,600/month (M2M) and upper at $1,300/month (M2M)
    • Close to downtown and the Medical Mile; access to Cherry St, Wealthy St, and Eastown dining, coffee, and shopping
    • BikeScore 64 (bikeable) and WalkScore 79 (very walkable); transitScore 44 (some transit)

    Overview

    This 2-unit duplex features a lower apartment with 3 bedrooms and 1 bathroom and an upper apartment with 2 bedrooms and 1 bathroom. Both units are currently vacant, giving a buyer flexibility to update and reposition the property. According to prior rent history, the lower unit was rented at $1,600 per month on a month-to-month basis, and the upper unit was rented at $1,300 per month on a month-to-month basis.

    Located in the East Hills area of Grand Rapids, the property is described as being just minutes from downtown and the Medical Mile. The listing notes convenient access to Cherry Street and Wealthy Street, with nearby dining, coffee shops, breweries, boutique shopping, and entertainment in the Eastown area. WalkScore is listed as 79, BikeScore as 64, and transitScore as 44.

    The duplex configuration makes it a practical fit for an owner-occupant seeking to live in one unit while using the second unit as rental income, or for an investor looking for a two-apartment asset to manage or re-lease. With both units available now, the next steps can focus on interior condition, finishes, and market-ready leasing plans.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.644406
    Latitude
    42.9685116

    FAQs

    What type of property is this?
    Duplex - Two vacant apartments offer 3-bedroom and 2-bedroom layouts for owner-occupant or rental use.
    Where is this duplex located?
    The property is located at 318 Diamond Ave SE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 2‑unit duplex (Year built 1905) with two vacant apartments; Lower unit: 3 bedrooms and 1 bathroom; Upper unit: 2 bedrooms and 1 bathroom
    More about this property
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