1559 Forrest Avenue NE, Grand Rapids, MI 49505 (MLS# 26030149)

1559 Forrest Avenue NE, Grand Rapids, MI 49505

New Listing

$289,900

Property Type: Multi Family Lot Size (sq. ft.): 5,009 Status: Active

Current Price: $289,900 List Date: 6/18/2026 Last Modified: 6/18/2026

Overview

Description

Excellent Investment or Owner-Occupant Opportunity in Creston Heights! This well-located duplex offers an outstanding opportunity for both investors and owner-occupants. Situated in the desirable Creston Heights neighborhood, it's adjacent to the city high/middle school and just one block from Café Mamo, Lucy's and Quinn & Tuite's Irish Pub, and several other popular restaurants and amenities. Unit 1: 3 bedrooms, 1 full bathroom - currently vacant and previously rented for $1,495/month, making it ideal for owner occupancy or immediate leasing.Unit 2: 4 bedrooms, 1 full bathroom - currently leased through the end of August at $1,695/month. Recent updates include a new furnace in Unit 2 and a new hot water heater in Unit 1, providing added value and peace of mind. Whether you're looking to live in one unit while generating rental income from the other or add a solid property to your investment portfolio, this duplex is a fantastic opportunity.

Listing Details MLS# 26030149

Location Property Info

County: Kent
Street #: 1559
Street Name: Forrest
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49505
Zip (4): 5077

General Property Info

Lot Measurement: Acres
Lot Square Footage: 5009
Lot Acres: 0.12
Lot Dimensions: 50 x 100
Year Built: 1900
New Construction: No
Financial Available: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2031-04-13
Road Frontage: 50
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Waterfront: No
School District: Grand Rapids
Basement: Yes
Total Parking Spaces: 0

Tax Info

Tax ID #: 41-14-18-329-030
Taxable Value: 90645
SEV: 164800
For Tax Year: 2025
Seller's Annual Property Tax: 4800
Tax Year: 2025
Spec Assessment & Ty: none
Zoning: Multi Family
Homestead %: 0

Remarks Misc

Directions: Plainfield north to Sweet street turn east then Forrest is to the south

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: 1557
Unit Description: 1st floor
SqFt: 1288
Occupied: No
Monthly Rent: 1495
Bathrooms: Yes
Full Baths: Yes
Deck/Patio: Yes
Range Oven: Yes
Refrigerator: Yes
W/D Hookup: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 2
Unit Description: 2nd floor
SqFt: 1337
Occupied: Yes
Monthly Rent: 1695
Bathrooms: Yes
Full Baths: Yes
Deck/Patio: Yes
Range/Oven: Yes
Refrigerator: Yes
W/D Hookup: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Plainfield and Sweet Street
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Excellent Investment or Owner-Occupant Opportunity in Creston Heights! This well-located duplex offers an outstanding opportunity for both investors and owner-occupants. Situated in the desirable Creston Heights neighborhood, it's adjacent to the city high/middle school and just one block from Café Mamo, Lucy's and Quinn & Tuite's Irish Pub, and several other popular restaurants and amenities. Unit 1: 3 bedrooms, 1 full bathroom - currently vacant and previously rented for $1,495/month, making it ideal for owner occupancy or immediate leasing.Unit 2: 4 bedrooms, 1 full bathroom - currently leased through the end of August at $1,695/month. Recent updates include a new furnace in Unit 2 and a new hot water heater in Unit 1, providing added value and peace of mind. Whether you're looking to live in one unit while generating rental income from the other or add a solid property to your investment portfolio, this duplex is a fantastic opportunity.
Legal: S 3.0 FT OF LOT 213 ALSO LOT 214 * STEINMANN'S ASSESSOR'S PLAT NO. 7

Street Type

Public: Yes

Util Avail at Street

Public Sewer: Yes
Public Water: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Laundry Features

Gas Dryer Hookup: Yes
Washer Hookup: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

None: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

None: Yes

Substructure

Full: Yes

Owner Pays

Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: Gas Dryer Hookup; Washer Hookup Exterior Material: Vinyl Siding Roofing: Composition Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Public Sewer; Public Water Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: None Street Type: Public Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Deck/Patio; Range Oven; Refrigerator; W/D Hookup; Washer/Dryer Unit 2: Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer

Listing Office: Novosad Realty Partners

Listing Agent: Barbara Glashouwer

Last Updated: June - 18 - 2026

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