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Side-by-Side Duplex with Basements
For Sale
$674,900

609 & 611 Wealthy Street SE, Grand Rapids, MI 49503

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.19 Acres
Days on Market16

Property Features for 609 & 611 Wealthy Street SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Res
Bedrooms 6
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bathroom 3, Basement, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 4
Parking 4
Basement Full
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-14-30-478-021
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 64 FT OF LOT 9 BLK 7 & E 64 FT OF S 24 FT OF LOT 7 BLK 7* HOLBROOK S ADDITION
Tax Annual Amount 10694
Legal Description E 64 FT OF LOT 9 BLK 7 & E 64 FT OF S 24 FT OF LOT 7 BLK 7* HOLBROOK S ADDITION

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1900
Number of units 2
Building materials Wood Siding
Roof type Composition
Listing Agency: 616 Realty LLC
Listed By: Rodney E Constable
Added: Aug 28 Changed: Sep 12 Last Checked: Sep 12 at 9:06PM
MLS# 26047080

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 was built in 1900 and includes two separately arranged units at 609 and 611 Wealthy Street SE. Each side offers three bedrooms, hardwood floors, pocket doors, stainless steel appliances, a separate basement, basement laundry, and an unfinished attic. The kitchen in unit 611 has been remodeled and upgraded. Separate utilities support independent operation of the two residences.

The property occupies 0.19 acres and includes four off-street parking spaces behind the home, with additional street parking available in front. Public sewer and natural gas are available, while forced-air heating and a composition roof serve the building. The layout supports either owner occupancy with rental income from the second unit or use as a two-unit rental property.

Key Highlights

  • Two‑unit, side‑by‑side layout with separate basements
  • Each unit has 3 bedrooms, hardwood floors, pocket doors, and stainless steel appliances
  • Unit 611 includes a remodeled and upgraded kitchen

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store Pet Grooming Service Plumbing 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

2,390
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
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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 - Two-unit property with separate utilities, basement laundry, off-street parking, and unfinished attic space on each side.
Where is this duplex located?
The property is located at 609 & 611 Wealthy Street SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: Two‑unit, side‑by‑side layout with separate basements; Each unit has 3 bedrooms, hardwood floors, pocket doors, and stainless steel appliances; Unit 611 includes a remodeled and upgraded kitchen
More about this property
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