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Duplex with Separate Utilities and Parking
For Sale
$235,000
Pending

616 Pine Ave NW, Grand Rapids, MI 49504

Two-unit duplex with separate utilities, off-street parking, and tenants already in place on Grand Rapids’ northwest side.

Property SizeContact for details
Days on Market146

Property Features for 616 Pine Ave NW

General Information

Standard status Pending
Property subtype Investment

Site & Location

Neighborhood West Grand

Additional Details

Business Included Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,124

Building Details

Year Built 1890
Units 2
Listing Agency: RE/MAX United (Beltline)
Listed By: Curtis Gross · License #6506048303
Source: Elliman
Added: Jun 7 Changed: Oct 29 Last Checked: Oct 28 at 8:42AM

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 RE/MAX United (Beltline)

Rey
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Investment Insights

Based on property information with market context.

This duplex on Grand Rapids’ northwest side features an upper and a lower unit with separate utilities. The property includes off-street parking and is currently occupied with tenants already in place, providing a straightforward setup for an owner seeking existing rental operations.

The location offers convenient access to downtown Grand Rapids and is described as being near shopping, restaurants, and major commuter routes. Transit access is noted as moderate, with a transitScore of 35, while walkScore of 69 and bikeScore of 54 indicate some pedestrian and bicycle friendliness for the surrounding area.

For buyers or operators, the primary advantage here is the duplex configuration with separate utilities by unit, supporting easier day-to-day management than a single-meter setup. With tenants already in place, the property can be positioned for immediate occupancy continuity while maintaining an income-producing residential income asset within reach of established retail and employment access.

Key Highlights

  • Two‑unit duplex on Grand Rapids’ northwest side with upper and lower units
  • Separate utilities for each unit
  • Off‑street parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

606
Businesses Nearby

Demographics for 49504, MI

41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
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-unit duplex with separate utilities, off-street parking, and tenants already in place on Grand Rapids’ northwest side.
Where is this duplex located?
The property is located at 616 Pine Ave NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑unit duplex on Grand Rapids’ northwest side with upper and lower units; Separate utilities for each unit; Off‑street parking
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