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2-Unit Renovated Duplex
New
For Sale
$349,900

418 Griggs St SE, Grand Rapids, MI 49507

Both residences have three bedrooms, updated kitchens, and separate laundry hookups in the basement.

Property SizeContact for details
Days on Market3

Property Features for 418 Griggs St SE

General Information

Standard status Active
Property subtype Investment

Units

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

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,171

Amenities

covered front/rear porches
updated landscaping
dedicated laundry hookups
clean storage space

Building Details

Year Built 1923
Units 2
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate (South)
Listed By: Cheryl L Morehouse
Source: Elliman
Added: Oct 16 Last Checked: Oct 16 at 2:29PM

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 Berkshire Hathaway HomeServices Michigan Real Estate (South)

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Investment Insights

Based on property information with market context.

This Grand Rapids duplex contains two vacant residences, each configured with three bedrooms and one full bathroom. Both kitchens have been remodeled with quartz counters, custom cabinetry, updated faucets, and a full appliance package. Fresh interior paint and replacement windows complement covered porches at the front and rear of the property.

The basement provides laundry hookups for each unit along with storage space. The property also includes four dedicated parking spaces, additional off-street parking, and refreshed landscaping. A Certificate of Compliance is available. Dickinson Elementary School is across the street, with Garfield Park and Oakdale identified nearby.

Key Highlights

  • Two vacant residences, each with 3 bedrooms and 1 full bathroom
  • Remodeled kitchens include quartz countertops, custom cabinetry, updated faucets, and appliance packages
  • Replacement windows and fresh interior paint in both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Kitchen & Bath Showroom Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

698
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Both residences have three bedrooms, updated kitchens, and separate laundry hookups in the basement.
Where is this duplex located?
The property is located at 418 Griggs St SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two vacant residences, each with 3 bedrooms and 1 full bathroom; Remodeled kitchens include quartz countertops, custom cabinetry, updated faucets, and appliance packages; Replacement windows and fresh interior paint in both units
More about this property
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