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Two-Unit Duplex with Garage
New
For Sale
$255,000

459 Dickinson St SE, Grand Rapids, MI 49507

Separate electric service and two forced-air furnaces support the building’s residential configuration.

Property SizeContact for details
Days on Market7

Property Features for 459 Dickinson St SE

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Investment

Site & Location

Neighborhood Seeds of Promise

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,044

Building Details

Year Built 1925
Units 2
Listing Agency: Grand Rapids North Market Center, LLC
Listed By: Drew Denham · License #6506047679
Source: Elliman
Added: Oct 23 Changed: Oct 26 Last Checked: Oct 28 at 9:06AM

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 Grand Rapids North Market Center, LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1925, this duplex has a three-bedroom, one-bathroom main-floor residence and a two-bedroom, one-bathroom upper residence. Hardwood floors are present upstairs. A two-car garage and basement laundry and storage are among the additional features. The building has two forced-air furnaces and separate electric service.

The main-floor unit is vacant, and the upper unit is occupied. Dickinson Buffer Park is nearby. Walk Score is 76, Bike Score is 53, and Transit Score is 38.

Key Highlights

  • Two residences: one with 3 bedrooms and 1 bathroom, the other with 2 bedrooms and 1 bathroom
  • Built in 1925
  • Two forced‑air furnaces and separate electric service

Property Analytics

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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 - Separate electric service and two forced-air furnaces support the building’s residential configuration.
Where is this duplex located?
The property is located at 459 Dickinson St SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 1 bathroom, the other with 2 bedrooms and 1 bathroom; Built in 1925; Two forced‑air furnaces and separate electric service
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