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Duplex with Detached Garage
For Sale
$259,000

823 Mc Reynolds Avenue NW, Grand Rapids, MI 49504

Two separately metered apartments share basement laundry hookups and storage.

Property SizeContact for details
Days on Market80

Property Features for 823 Mc Reynolds Avenue NW

General Information

Standard status Active
Property subtype 2 to 4 Units

Site & Location

Neighborhood West Grand
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,753

Amenities

shared laundry hookups
extra storage
detached garage

Building Details

Year Built 1885
Buildings 1
Tenancy Multi
Listing Agency: Tall Tree Realty and Property Management LLC
Listed By: Lewis Smalligan · License #6504428123
Source: Bialikrealestate
Added: Aug 12 Changed: Oct 26 Last Checked: Oct 26 at 10:45AM

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 Tall Tree Realty and Property Management LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1885, this vinyl-sided duplex contains upper and lower apartments, each with three bedrooms and one bathroom. Utilities are split between the units. Shared basement space includes laundry hookups and storage, with additional storage in the detached garage.

Alley access serves the garage and two additional parking spaces. The property has passed Grand Rapids rental certification.

Key Highlights

  • Two apartments, each with 3 bedrooms and 1 bathroom
  • Utilities split between the units
  • Detached garage with additional storage

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 separately metered apartments share basement laundry hookups and storage.
Where is this duplex located?
The property is located at 823 Mc Reynolds Avenue NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 bathroom; Utilities split between the units; Detached garage with additional storage
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