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Duplex with Basement Storage
New
For Sale
$450,000

549 Giddings Avenue SE, Grand Rapids, MI 49506

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.09 Acres
Days on Market4

Property Features for 549 Giddings Avenue SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Res
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4
Parking 2
Basement Full
Lot features Level, Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-14-32-208-028
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1* ANDERSEN & WANDEL S SUBDIVISION** OF LOTS 169 TO 186 INCLUSIVE OF KELLOGG & BEMIS ADDITION
Tax Annual Amount 6754
Legal Description LOT 1* ANDERSEN & WANDEL S SUBDIVISION** OF LOTS 169 TO 186 INCLUSIVE OF KELLOGG & BEMIS ADDITION

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1923
Number of units 2
Building materials Brick, Wood Siding
Roof type Composition
Listing Agency: Keller Williams GR North · Keller Williams Realty
Listed By: Margaux Drake
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 16 at 12:06AM
MLS# 26054787

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.

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Investment Insights

Based on property information with market context.

Built in 1923, this duplex contains two apartments, each with two bedrooms and one bathroom. Each unit is approximately 1,131 SF. Separate utilities serve the apartments, and each has private basement storage and a laundry area. The property sits on a 0.09-acre lot and has brick and wood siding construction, forced-air heating, window-unit cooling, and a composition roof. Public sewer is available.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bathroom
  • Each apartment is approximately 1,131 SF
  • Separate utilities for the apartments

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service

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

975
Businesses Nearby

Demographics for 49506, MI

33,050
Population
13,262
Households
2.5
Avg Household Size
34
Median Age
67%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$112,287
Median Household Income
$48,631
Median Earnings
$1,305
Median Rent
$338,600
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 - Two apartments have separate utilities and dedicated basement storage and laundry areas.
Where is this duplex located?
The property is located at 549 Giddings Avenue SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Each apartment is approximately 1,131 SF; Separate utilities for the apartments
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