1655 Madison Avenue SE, Grand Rapids, MI 49507
Local realty services provided by:ERA Prime Real Estate Group
1655 Madison Avenue SE,Grandrapids, MI 49507
$299,900
- - Beds
- - Baths
- 2,400 sq. ft.
- Multi-family
- Pending
Listed by: angela j worth
Office: bellabay realty (north)
MLS#:65026038778
Source:MI_REALCOMP
Price summary
- Price:$299,900
- Price per sq. ft.:$124.96
About this home
Investment Opportunity: Side-by-Side Duplex This 3 bedroom, 1 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....
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Home facts
- Year built:1928
- Listing ID #:65026038778
- Added:64 day(s) ago
- Updated:September 30, 2026 at 09:23 AM
Rooms and interior
- Basement Description:Full
- Living area:2,400 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1928
- Building area:2,400 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Brick, Wood Siding
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer at Street
Finances and disclosures
- Price:$299,900
- Price per sq. ft.:$124.96
- Tax amount:$5,533
Features and amenities
- Laundry features:In Basement
Parking
- Total parking spaces:2
- Parking description:Paved
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