Building Details

Year Built 1890

Listing Agency: Greenridge Realty (Kentwood) k***@greenridge.com Show Phone

Listed By: Keith A Cardosa Show Phone

Source: Kw

Added: Apr 17 Changed: Aug 31 Last Checked: Sep 1 at 3:21PM

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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 Greenridge Realty (Kentwood)

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each configured with two bedrooms and one bathroom. Separate utilities serve the units, while forced-air systems support the building. Both furnaces were replaced in 2023, and off-street parking is available.

A City Certificate of Compliance is secured through 2029, providing documented municipal compliance for the property during that period. Built in 1890, the building offers a two-unit configuration suited to residential income use.

Key Highlights

• Two 2BR/1BA residential units
• Separate utilities for each unit
• Both furnaces replaced in 2023

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pharmacy Grocery & Convenience Store Catering 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

666

Businesses Nearby

Explore this area Business Placement

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 - Two residential units provide individual utilities, updated furnaces, and off-street parking.

Where is this duplex located?

The property is located at 812 Park Grand Grand Rapids, MI.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Two 2BR/1BA residential units; Separate utilities for each unit; Both furnaces replaced in 2023