Two-Unit
New
For Sale
$250,000
527 Kenwood St NE, Grand Rapids, MI 49505
Separate utility service and leases in place through February and March 2027 support the property's two-apartment configuration.
Property SizeContact for details
Days on Market7
Property Features for 527 Kenwood St NE
General Information
Standard status
Active
Property subtype
Investment
Site & Location
Neighborhood
North End
Public Transit
Yes
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,016
Building Details
Year Built
1925
Units
2
Listing Agency:
Your Way Realty
Listed By:
Donna Batdorff
(616) 240-4253
Source:
Elliman
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 28 at 10:27AM
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 Your Way Realty
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Investment Insights
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This 1925 duplex contains two apartments with separate utilities. The lower unit features woodwork and is currently leased through February 2027; the upper apartment has a lease running through March 2027. Both residents have occupied their units for nearly four years. A replacement roof was installed on the house and garage in April 2026. City certification was renewed that month and is valid through 2032.
At 527 Kenwood St NE in Grand Rapids, the property is north of Knapp and near Riverside Gardens and Riverside Park. Restaurants, shops, groceries, and a bus stop are within walking distance, with a gas station at the corner. The property has a Bike Score of 53, a Walk Score of 21, and a Transit Score of 27.
At 527 Kenwood St NE in Grand Rapids, the property is north of Knapp and near Riverside Gardens and Riverside Park. Restaurants, shops, groceries, and a bus stop are within walking distance, with a gas station at the corner. The property has a Bike Score of 53, a Walk Score of 21, and a Transit Score of 27.
Key Highlights
- Two apartments with separate utility service
- Lower apartment lease runs through February 2027; upper apartment lease runs through March 2027
- Both current residents have occupied their apartments for nearly 4 years
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
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Business Placement
Demographics for 49505, MI
31,444
Population
14,197
Households
2.2
Avg Household Size
36
Median Age
40%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,573
Density / Sq Mi
$71,692
Median Household Income
$43,778
Median Earnings
$1,248
Median Rent
$227,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utility service and leases in place through February and March 2027 support the property's two-apartment configuration.
Where is this duplex located?
The property is located at 527 Kenwood St NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two apartments with separate utility service; Lower apartment lease runs through February 2027; upper apartment lease runs through March 2027; Both current residents have occupied their apartments for nearly 4 years
