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Renovated Duplex with In-Place Tenant
New
For Sale
$334,000

47-49 Coleman St SE, Cutlerville, MI 49548

One unit has been refreshed while the second is occupied under a month-to-month tenancy.

Property SizeContact for details
Days on Market3

Property Features for 47-49 Coleman St SE

General Information

Standard status Active
Property subtype Investment

Additional Details

Utilities to Site Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,447

Building Details

Year Built 1996
Buildings 1
Units 2
Listing Agency:
Listed By: Mark A VanderWal
Source: Elliman
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 7:01PM

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 Mark A VanderWal

Investment Insights

Based on property information with market context.

This duplex, built in 1996, combines a recently updated unit with an occupied neighboring unit. Unit 47 has a new kitchen, new flooring, fresh paint, and a finished basement with new carpet; appliances are planned for installation before closing. Unit 49 is leased to a long-term tenant on a month-to-month arrangement.

Major property work includes a new roof, two new water heaters, updated landscaping, and a resealed driveway. Gas and electric are separately metered for each unit, while water is carried on a shared meter. The property is located near Kentwood and Wyoming, with downtown Grand Rapids described as minutes away.

Key Highlights

  • Unit 47 features a new kitchen, flooring, paint, and finished basement carpeting
  • Unit 49 has a long‑term month‑to‑month tenant in place
  • New roof and two new water heaters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

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

539
Businesses Nearby

Demographics for 49548, MI

34,741
Population
13,174
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
86%
High-School Grad
10.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$62,218
Median Household Income
$35,831
Median Earnings
$1,129
Median Rent
$149,500
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 - One unit has been refreshed while the second is occupied under a month-to-month tenancy.
Where is this duplex located?
The property is located at 47-49 Coleman St SE Cutlerville, MI.
What is the asking price?
The asking price for this property is $334,000.
What are key features of this property?
This property features: Unit 47 features a new kitchen, flooring, paint, and finished basement carpeting; Unit 49 has a long‑term month‑to‑month tenant in place; New roof and two new water heaters
More about this property
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