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    East Hills Duplex Opportunity

    318 Diamond Avenue SE Grand Rapids, MI 49503

    318 Diamond Avenue SE, Grand Rapids, MI, 49503
    $225,000
    Pending
    For Sale
    Claim this Listing
    $225,000
    Pending

    MULTI_FAMILY - Grand Rapids, MI

    Lot Size0.08 Acres
    AddedMay 26
    Days on Market52
    Last RefreshJul 16 at 5:06 am

    Property Features for 318 Diamond Avenue SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Rooms
    Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 2, Basement
    Parking
    4
    Parking features
    Driveway
    Standard status
    Pending
    APN
    41-14-29-379-009
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 1671 EXCEPT N 34.35 FT THEREOF* STEINMANN S ASSESSOR S PLAT NO 58
    Tax Annual Amount
    4500

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard

    Building Details

    Year built
    1905
    Number of units
    2
    Building materials
    Vinyl Siding

    Listing agent Jacob Hills

    Listing office Smallegan Real Estate 678 Front Ave NW Ste 340, Grand Rapids, MI

    Listing date May 26, 2026

    MLS# 26024806 Listing URL

    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.

    Investment Insights

    Based on property information with market context.

    This two-unit duplex is located in the heart of East Hills. The lower unit features 3 bedrooms and 1 bathroom, while the upper unit includes 2 bedrooms and 1 bathroom. The property presents potential as an owner-occupied residence or an investment opportunity. Both units are currently vacant. The lower unit was previously rented for $1,600 on a month-to-month basis, and the upper unit was rented for $1,300 on a month-to-month basis. Situated minutes from downtown and the Medical Mile, the property provides convenient access to dining, coffee shops, breweries, boutique shopping, and entertainment on Cherry Street, Wealthy Street, and Eastown. This location offers long-term appeal for both lifestyle and rental demand. The property is located in Grand Rapids, MI 49503, Kent County, on a lot of 0.08 acres.

    Key Highlights

    • Prime location: Minutes from downtown, Medical Mile, Cherry Street, Wealthy Street, and Eastown amenities.
    • Vacant 2‑unit duplex: Ideal for owner‑occupancy or investment property.
    • Income potential: Lower unit previously rented at $1,600/month, upper at $1,300/month.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Electrical Service Daycare Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Plumbing Service Locksmith Travel Agency Carpet & Flooring Store

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

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    FAQs

    What type of property is this?
    Duplex - Two-unit duplex in East Hills, Grand Rapids. Vacant.
    Where is this duplex located?
    The property is located at 318 Diamond Avenue 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: Prime location: Minutes from downtown, Medical Mile, Cherry Street, Wealthy Street, and Eastown amenities.; Vacant 2‑unit duplex: Ideal for owner‑occupancy or investment property.; Income potential: Lower unit previously rented at $1,600/month, upper at $1,300/month.
    Contact an agent
    (616) 898-2820
    We can help!
    Contact an agent
    Jacob Hills
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