Fairmount Square Multi-Family
For Sale
$364,900
921 Fairmount St SE, Grand Rapids, MI 49506
Updated two-unit property in a desirable Grand Rapids location.
Property SizeContact for details
Days on Market131
Property Features for 921 Fairmount St SE
General Information
Standard status
Active
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$7,007
Building Details
Year Built
1895
Units
2
Listing Agency:
616 Realty LLC
(616) 460-2711
Listed By:
Julie A ONeill
(616) 460-2711
Source:
Elliman
Added: Apr 24
Changed: Aug 12
Last Checked: Aug 30 at 10:10PM
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
Investment Insights
Based on property information with market context.
This updated two-unit multi-family property is located in the desirable Fairmount Square neighborhood. The well-maintained building offers potential for investors or owner-occupants looking to live in one unit and rent the other for additional income. Each unit provides comfortable living space with thoughtful updates. The property is located near Downtown, Midtown, and Heritage Hill, providing convenient access to local restaurants, coffee shops, shopping, parks, and downtown amenities. The location has a walk score of 79, indicating it is very walkable, a bike score of 64, indicating it is bikeable, and a transit score of 44, indicating some transit options are available. The property offers a great opportunity for rental income, house-hacking, or long-term investment potential due to strong rental demand in the area and its prime location.
Key Highlights
- Prime location near Downtown, Midtown, and Heritage Hill, Grand Rapids.
- Excellent income potential for investors or owner‑occupants.
- Updated two‑unit multi‑family property.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,147
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit property in a desirable Grand Rapids location.
Where is this duplex located?
The property is located at 921 Fairmount St SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Prime location near Downtown, Midtown, and Heritage Hill, Grand Rapids.; Excellent income potential for investors or owner‑occupants.; Updated two‑unit multi‑family property.
