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Updated Duplex With Separate Laundry
For Sale
$325,000

717-719 5th St NW, Grand Rapids, MI 49504

Leased two-unit property with distinct basement laundry areas, covered porch space, and recent mechanical upgrades.

Property SizeContact for details
Days on Market39

Property Features for 717-719 5th St NW

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Amenities

laundry

Building Details

Year Built 1890
Listing Agency: RE/MAX Of Grand Rapids (Fh)
Listed By: Rogers Neighborhood Realty
Source: Rogersneighborhoodrealty
Added: Jul 22 Changed: Aug 28 Last Checked: Aug 29 at 8:58AM

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 Of Grand Rapids (Fh)

Investment Insights

Based on property information with market context.

Located at 717-719 5th St NW in Grand Rapids, this duplex includes a two-bedroom, one-bath unit and a three-bedroom, one-bath unit. The front residence features hardwood flooring across the living, dining, and bedroom areas, along with a spacious kitchen and covered front porch. The rear residence includes a larger kitchen with a center island and dishwasher.

Major improvements include a new roof completed in 2025, two furnaces and central air units installed in 2023, attic insulation, and new electrical panels added in 2023. Each unit has a separate basement area with its own laundry. Approximately 800 square feet of unused space is also present, with the source information identifying potential for additional bedroom space in both units. Tenants pay all utilities. The front unit is leased through January 2027, while the rear unit is leased through November 2026.

Key Highlights

  • Two‑unit duplex with 2bed/1 bath and 3bed/1 bath layouts
  • New roof installed in 2025
  • Two new furnaces and central air units added in 2023

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store Florist Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,270
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

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 - Leased two-unit property with distinct basement laundry areas, covered porch space, and recent mechanical upgrades.
Where is this duplex located?
The property is located at 717-719 5th St NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with 2bed/1 bath and 3bed/1 bath layouts; New roof installed in 2025; Two new furnaces and central air units added in 2023
More about this property
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