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2-Unit Duplex with Barn
For Sale
$389,900

39 Fair Street SE, Grand Rapids, MI 49507

Each residence has its own gas and electric service, with distinct layouts and kitchen upgrades.

Property SizeContact for details
Days on Market87

Property Features for 39 Fair Street SE

General Information

Standard status Active
Property subtype 2 to 4 Units

Site & Location

Neighborhood Southeast Community

Units

Unit Mix 1 x 4BR/1BA, 1 x 3BR/1BA
Multifamily Units 2
Individually Metered Utilities gas, electricity

Taxes and HOA fees

Annual Taxes $6,741

Amenities

basement laundry
in-unit washer/dryer

Building Details

Year Built 1915
Year Renovated 2024
Listing Agency: Hello Homes GR
Listed By: Ashley Schaefer
Source: Carinirealtors
Added: Aug 5 Changed: Oct 26 Last Checked: Oct 26 at 3:16PM

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 Hello Homes GR

Rey
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Investment Insights

Based on property information with market context.

This two-residence duplex contains a four-bedroom, one-bathroom unit and a three-bedroom, one-bathroom unit. Both kitchens have quartz counters and stainless steel appliances. The larger unit has a dining area, while the other includes a living room and a finished attic bedroom. Laundry is located in the basement for one residence; the second has its own washer and dryer. A barn on the property offers additional enclosed space, and the basement also provides storage.

Electrical, plumbing, and HVAC systems were replaced in 2024. The property was built in 1915, and each unit has separate gas and electric utilities.

Key Highlights

  • Two units with separate gas and electric utilities
  • Unit A: 4 bedrooms and 1 full bathroom
  • Unit B: 3 bedrooms and 1 full bathroom, including a finished attic bedroom

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

640
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
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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 - Each residence has its own gas and electric service, with distinct layouts and kitchen upgrades.
Where is this duplex located?
The property is located at 39 Fair Street SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Two units with separate gas and electric utilities; Unit A: 4 bedrooms and 1 full bathroom; Unit B: 3 bedrooms and 1 full bathroom, including a finished attic bedroom
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