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2-Unit Duplex with Basements
For Sale
$319,900

544 56th Street, Grand Rapids, MI 49548

Mirrored residential units each include two bedrooms, one full bathroom, and an unfinished basement.

Property SizeContact for details
Days on Market8

Property Features for 544 56th Street

General Information

Standard status Active
Property subtype Multi Family Home

Units

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

Taxes and HOA fees

Annual Taxes $2,742

Building Details

Year Built 1968
Buildings 1
Units 2
Listing Agency: Keller Williams Professionals
Listed By: Jeffrey Glover · License #6502408794
Source: Irishhillsfivestarhomes
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 31 at 5:12PM

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 Keller Williams Professionals

Investment Insights

Based on property information with market context.

Built in 1968, this duplex contains two mirrored residential units with matching layouts. Each side provides two bedrooms, one full bathroom, and an unfinished basement that adds storage or future project space.

The property is located at 544 56th Street in Grand Rapids, Michigan. Its paired-unit configuration and basement areas provide a straightforward multifamily layout for continued residential use.

Key Highlights

  • Duplex configuration with two mirrored residential units
  • Each unit includes 2 bedrooms and 1 full bathroom
  • Both units feature an unfinished basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Big Box & Wholesale Store Pharmacy

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

254
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 - Mirrored residential units each include two bedrooms, one full bathroom, and an unfinished basement.
Where is this duplex located?
The property is located at 544 56th Street Grand Rapids, MI.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Duplex configuration with two mirrored residential units; Each unit includes 2 bedrooms and 1 full bathroom; Both units feature an unfinished basement
More about this property
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