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Updated Two-Unit Duplex
New
For Sale
$399,900

39 Fair St SE, Grand Rapids, MI 49507

Two separately serviced residences feature renovated kitchens, flexible bedroom layouts, and dedicated laundry arrangements.

Property SizeContact for details
Days on Market4

Property Features for 39 Fair St SE

General Information

Standard status Active
Property subtype Investment

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 4BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,741

Amenities

laundry
storage

Building Details

Year Built 1915
Year Renovated 2024
Buildings 1
Units 2
Listing Agency: Creekstone Realty
Listed By: Ashley Schaefer
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 6:16AM

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 Creekstone Realty

Investment Insights

Based on property information with market context.

This duplex contains two distinct residences with updated interiors and separate gas and electric utilities. Unit A provides 4 bedrooms, 1 full bathroom, a renovated kitchen with quartz counters and stainless steel appliances, a dining area, basement laundry, and storage. Unit B includes 3 bedrooms and 1 full bathroom, along with an updated kitchen, living room, in-unit washer and dryer, and a finished attic bedroom.

The property includes a large barn that can serve as a garage, workshop, or storage area. Major mechanical improvements completed in 2024 include new electrical, plumbing, and HVAC systems. Built in 1915, the property is located at 39 Fair St SE in Grand Rapids, Michigan, with walkability and bicycle access reflected in its reported scores.

Key Highlights

  • Two‑unit duplex with 4‑bedroom and 3‑bedroom residences
  • Separate gas and electric utilities for each unit
  • Unit A includes basement laundry and storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office 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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 49507, MI

38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately serviced residences feature renovated kitchens, flexible bedroom layouts, and dedicated laundry arrangements.
Where is this duplex located?
The property is located at 39 Fair St SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit duplex with 4‑bedroom and 3‑bedroom residences; Separate gas and electric utilities for each unit; Unit A includes basement laundry and storage
More about this property
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