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Side-by-Side Duplex with Porches
For Sale
$550,000
Pending

59-61 Grand Avenue NE, Grand Rapids, MI 49503

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.11 Acres
Days on Market22

Property Features for 59-61 Grand Avenue NE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description TN-LDR
Bedrooms 6
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 5, Bathroom 1, Basement, Bedroom 1, Bedroom 3, Bedroom 2
Parking 4
Basement Full
Lot features Level, Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Pending
APN 41-14-30-278-023
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 411430278023 PART OF LOTS 21 THRU 24 INCL COM AT NE COR OF LOT 22 TH S 0D 09M 20S E ALONG E LINE OF SD LOT 63.45 FT TO A PT 70 FT N OF SE COR OF SD LOT TH N 87D 34M 49S W 67.90 FT TH N 0D 09M 20S W 66.82 FT PAR WITH E LINE OF LOT 23 TO A PT 3.53 FT N OF S LINE OF LOT 24 TH N 88D 16M 58S E 32.49 FT TO A PT 5.80 FT N OF S LINE OF LOT 23 TH S 81D 15M 15S E 22.11 FT TO A PT 3.30 FT N OF S LINE OF LOT
Tax Annual Amount 13498
Legal Description 411430278023 PART OF LOTS 21 THRU 24 INCL COM AT NE COR OF LOT 22 TH S 0D 09M 20S E ALONG E LINE OF SD LOT 63.45 FT TO A PT 70 FT N OF SE COR OF SD LOT TH N 87D 34M 49S W 67.90 FT TH N 0D 09M 20S W 66.82 FT PAR WITH E LINE OF LOT 23 TO A PT 3.53 FT N OF S LINE OF LOT 24 TH N 88D 16M 58S E 32.49 FT TO A PT 5.80 FT N OF S LINE OF LOT 23 TH S 81D 15M 15S E 22.11 FT TO A PT 3.30 FT N OF S LINE OF LOT

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Central Air

Amenities

front porch
back deck

Building Details

Year built 1900
Number of units 2
Building materials Vinyl Siding
Listing Agency: EXP Realty (Grand Rapids)
Listed By: Ryan Ogle · License #6502376991
Added: Sep 16 Changed: Sep 20 Last Checked: Oct 7 at 12:06AM
MLS# 26049319

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 side-by-side duplex includes two separately configured units, each with 3 bedrooms and 1.5 bathrooms. Interior features include original hardwood flooring, high ceilings, and refreshed kitchen and bathroom finishes. A front porch and rear deck add outdoor areas for each residence. The property was built in 1900 and has vinyl siding, forced-air heating, central air, and natural gas available.

Both units are fully occupied under long-term leases. The 0.11-acre property is located at 59-61 Grand Avenue NE in Grand Rapids, near restaurants, bars, shops, and the Heritage Hill neighborhood. Its six-bedroom, four-bathroom configuration and side-by-side layout provide a straightforward residential income asset with established tenancy.

Key Highlights

  • Two side‑by‑side residential units, each with 3 bedrooms and 1.5 bathrooms
  • Fully occupied with long‑term leases in place for both units
  • Original hardwood floors and high ceilings throughout the residences

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Auto Parts Store Carpet & Flooring Store Travel Agency

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,886
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fully occupied income property with updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 59-61 Grand Avenue NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two side‑by‑side residential units, each with 3 bedrooms and 1.5 bathrooms; Fully occupied with long‑term leases in place for both units; Original hardwood floors and high ceilings throughout the residences
More about this property
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