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Duplex With Private Entrances
New
For Sale
$484,900

730-732 Lockwood St NE, Grand Rapids, MI 49503

Each residence includes private laundry and dedicated storage, with an office or den in the upper unit.

Property SizeContact for details
Days on Market2

Property Features for 730-732 Lockwood St NE

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Site & Location

Neighborhood Midtown

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,693

Amenities

private entrances
dedicated storage
in-unit laundry
updated appliances
private office/den
covered front porch
off-street parking

Building Details

Year Built 1925
Buildings 1
Units 2
Tenancy Multi
Listed By: Yvette M Blehm
Source: Elliman
Added: Oct 28 Last Checked: Oct 28 at 3:58PM

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 Yvette M Blehm

Rey
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Investment Insights

Based on property information with market context.

This 1925 upper-and-lower duplex at 730-732 Lockwood St NE contains two residences, each arranged with two bedrooms, one full bathroom, a living room, dining room, and kitchen with updated appliances. Separate entrances, individual laundry, and dedicated storage serve both units; the upper residence also has an office or den. A covered front porch and off-street parking area are additional property features. Both residences are leased.

The property is in Grand Rapids, near Heritage Hill, downtown, Martha's Vineyard, and the local farmers market. Its reported Walk Score is 94, BikeScore is 61, and Transit Score is 40.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 full bath
  • Both units are leased
  • Each unit has a private entrance, laundry, and dedicated storage

Property Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,977
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

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 - Each residence includes private laundry and dedicated storage, with an office or den in the upper unit.
Where is this duplex located?
The property is located at 730-732 Lockwood St NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $484,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bath; Both units are leased; Each unit has a private entrance, laundry, and dedicated storage
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