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Renovated Duplex with Existing Tenant
New
For Sale
$334,000
Pending

47-49 Coleman Street SE, Grand Rapids, MI 49548

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.22 Acres
Days on Market5

Property Features for 47-49 Coleman Street SE

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 3
Parking 2
Basement Full
Lot features Level
Elementary school district Kentwood
Middle school district Kentwood
High school district Kentwood
Standard status Pending
APN 41-22-07-304-044
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 296 & 297 * FONTENELLE GARDENS
Tax Annual Amount 3448
Legal Description LOTS 296 & 297 * FONTENELLE GARDENS

Utilities

Utilities Natural Gas Available
Heating system Forced Air

Building Details

Year built 1996
Number of units 2
Building materials Vinyl Siding
Listing Agency: EXP Realty (Grand Rapids)
Listed By: Mark A VanderWal
Added: Aug 28 Changed: Aug 31 Last Checked: Sep 1 at 3:06AM
MLS# 26045872

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1996 duplex at 47-49 Coleman Street SE includes two separately metered residences. Unit 47 has received substantial interior work, including a replacement kitchen, updated flooring, fresh interior paint, and a carpeted finished basement. Appliances are scheduled to be added before closing. Unit 49 is occupied by a long-term tenant on a month-to-month arrangement.

Recent property improvements include a new roof, two replacement water heaters, refreshed landscaping, and a resealed driveway. Gas and electric service are separately metered, while water is supplied through a shared meter. The property sits on 0.22 acres and features vinyl siding, forced-air heat, and natural gas availability. Its Grand Rapids south-side location is near Kentwood and Wyoming and within minutes of downtown.

Key Highlights

  • Two‑unit duplex built in 1996 on a 0.22‑acre lot
  • Unit 47 updated with a replacement kitchen, new flooring, fresh paint, and finished basement carpeting
  • Unit 49 has a long‑term, month‑to‑month tenant in place

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - One residence has been updated while the adjoining unit is occupied under a month-to-month tenancy.
Where is this duplex located?
The property is located at 47-49 Coleman Street SE Grand Rapids, 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: Two‑unit duplex built in 1996 on a 0.22‑acre lot; Unit 47 updated with a replacement kitchen, new flooring, fresh paint, and finished basement carpeting; Unit 49 has a long‑term, month‑to‑month tenant in place
More about this property
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