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Remodeled Duplex with Garage
For Sale
$250,000

832 Thomas St SE, Grand Rapids, MI 49506

Two residential units include in-unit laundry, updated kitchens, a garage, and a fully fenced yard.

Days on Market10

Property Features for 832 Thomas St SE

General Information

Standard status Active
Property subtype Investment

Additional Details

Fenced Yard Yes
Multifamily Units 2

Amenities

in-unit laundry
updated kitchen
garage
fully fenced yard

Building Details

Year Built 1890
Tenancy Multi
Listing Agency: Bellabay Realty (Kentwood)
Listed By: Britton Curtiss · License #6501414327
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 1 at 4:24AM

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 Bellabay Realty (Kentwood)

Investment Insights

Based on property information with market context.

This well-maintained duplex offers two rental-ready units with in-unit laundry. The lower unit is configured with 2 bedrooms and 1 bathroom, and the upper unit offers 1 bedroom and 1 bathroom. Improvements include updated kitchens, new appliances, updated electrical, and recent exterior work including a new roof. In 2022, all windows were replaced, with triple-pane windows in the lower unit and double-pane tempered glass windows in the upper unit.

The property includes a garage and a fully fenced yard. It has previously been certified as a rental and is code compliant, awaiting its new owner.

With separate unit layouts and recent upgrades throughout, the property is suited for an investor seeking income-producing residential units or an owner-occupant looking for an additional unit.

Key Highlights

  • Multi‑unit home built in 1890 with 2 residential units in Grand Rapids, MI
  • Lower unit: 2 bedrooms, 1 bathroom; upper unit: 1 bedroom, 1 bathroom
  • In‑unit laundry and updated kitchens in both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service Building Supply Grocery & Convenience Store

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
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

877
Businesses Nearby

Demographics for 49506, MI

33,050
Population
13,262
Households
2.5
Avg Household Size
34
Median Age
67%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$112,287
Median Household Income
$48,631
Median Earnings
$1,305
Median Rent
$338,600
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 include in-unit laundry, updated kitchens, a garage, and a fully fenced yard.
Where is this duplex located?
The property is located at 832 Thomas St SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Multi‑unit home built in 1890 with 2 residential units in Grand Rapids, MI; Lower unit: 2 bedrooms, 1 bathroom; upper unit: 1 bedroom, 1 bathroom; In‑unit laundry and updated kitchens in both units
More about this property
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