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Duplex with Covered Porch
New
For Sale
$330,000

842 Eastern Ave SE, Grand Rapids, MI 49507

Two three-bedroom apartments include one vacant unit and one leased through January 2027.

Property SizeContact for details
Days on Market3

Property Features for 842 Eastern Ave SE

General Information

Standard status Active
Property subtype Investment

Site & Location

Neighborhood Southeast Community

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,351

Amenities

in-unit laundry
covered porch
basement storage and laundry

Building Details

Year Built 1923
Buildings 1
Units 2
Listing Agency: 616 Realty LLC
Listed By: Chelsea Dubay
Source: Elliman
Added: Oct 30 Last Checked: Nov 1 at 7:17AM

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 616 Realty LLC

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Investment Insights

Based on property information with market context.

Built in 1923, this duplex contains two apartments, each with three bedrooms and one bathroom. The upper apartment is vacant and has in-unit laundry and a covered porch. The lower apartment features a kitchen that connects to the living room, plus basement access for storage and laundry; it is leased through January 2027.

The property has a Walk Score of 76, a Bike Score of 53, and a Transit Score of 38.

Key Highlights

  • Two apartments, each with 3 bedrooms and 1 bathroom
  • Upper apartment is vacant and includes in‑unit laundry and a covered porch
  • Lower apartment is leased through January 2027

Property Analytics

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 49507, MI

38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 three-bedroom apartments include one vacant unit and one leased through January 2027.
Where is this duplex located?
The property is located at 842 Eastern Ave SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 bathroom; Upper apartment is vacant and includes in‑unit laundry and a covered porch; Lower apartment is leased through January 2027
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