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Mark Brace

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$ 299,900

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1655 Madison SE Avenue Grand Rapids, MI 49507

7,187 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26038778

Year Built 1928

Annual Tax Amount $5,533

Tax Year 2025

Lot Size 7,187 Sqft

Acres 0.17

Lot Dimensions 60*120

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

More photos coming soon! Investment Opportunity: Side-by-Side Duplex This 3 bedroom, 1.5 bath side-by-side duplex offers a rare turnkey opportunity in a location poised for continued growth. Each unit shares an identical, functional floorplan, ideal for investors who want consistency across a property. The main floor of each unit features a large living area, kitchen, and a convenient half bath. Upstairs, you will find 3 nicely sized bedrooms and a full bathroom. Beautiful hardwood floors and original woodwork run throughout both units, adding character that tenants love. Each lower level offers its own separate space with washer/dryer hookup, keeping the units fully independent. Recent updates add to the value here: 1657 had a new furnace and water heater installed in December 2025, and 1655 was freshly painted in July 2025, both reducing near term maintenance costs for a new owner. Utilities are split between units, with the exception of water, simplifying expense tracking for ownership. Both units are currently occupied on month to month leases with great, long term tenants in place: A new driveway was installed in 2019, and the property offers plenty of off street parking plus additional yard space, both strong tenant draws. With reliable income already in place, low vacancy risk, and a location benefiting from nearby area growth, this duplex is a smart addition to any portfolio. Check it out before it's gone. Utilities are split between units, with the exception of water, simplifying expense tracking for ownership. Both units are currently occupied on month to month leases with great, long term tenants in place: A new driveway was installed in 2019, and the property offers plenty of off street parking plus additional yard space, both strong tenant draws. With reliable income already in place, low vacancy risk, and a location benefiting from nearby area growth, this duplex is a smart addition to any portfolio. Check it out before it's gone.

Location

State MI

County Kent

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Laundry In Basement

Exterior

Parking Features Paved

Utilities Available Natural Gas Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Brick,Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-18-06-326-028

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

Listed by Bellabay Realty (North)

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Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

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Grand Rapids, MI

Mark Brace

1655 Madison SE Avenue Grand Rapids, MI 49507

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1655 Madison SE Avenue