1655 Madison Avenue SE, Grand Rapids, MI 49507 (MLS# 26038778)

Select one or more locations to search for properties

1655 Madison Avenue SE, Grand Rapids, MI 49507

$299,900
Property Type: Multi Family Lot Size (sq. ft.): 7,187 Status: Pending
Current Price: $299,900 List Date: 8/09/2026 Last Modified: 8/28/2026

Overview

Description

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.

Supplements: 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 dra ...

Listing Details MLS# 26038778

Location Property Info

County
Kent
Street #
1655
Street Name
Madison
Suffix
Avenue
Post Direction
SE
State
MI
Zip Code
49507

General Property Info

Lot Measurement
Acres
Lot Square Footage
7187
Lot Acres
0.17
Lot Dimensions
60*120
Year Built
1928
New Construction
No
Financial Available
No
Cert of Compliance
Yes
Cert. of Compliance Exp Date
2027-03-07
Road Frontage
60
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
2400
Total Parking Spaces
2
Waterfront
No
School District
Grand Rapids
Association YN
No

Tax Info

Tax ID #
41-18-06-326-028
Taxable Value
108001
SEV
117600
For Tax Year
2025
Seller's Annual Property Tax
5533.49
Tax Year
2025
Spec Assessment & Ty
None known to seller
Zoning
RES

Status Change Info

Under Contract Date
2026-08-25

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Unit 1

Unit #
1655
Unit Description
1655
SqFt
1200
Occupied
Yes
Monthly Rent
1500
Bathrooms
Yes
Full Baths
Yes

Unit 2

Unit #
1657
Unit Description
1657
SqFt
1200
Occupied
Yes
Monthly Rent
1703
Bathrooms
Yes
Full Baths
Yes

Property Features

Laundry Features: In Basement Exterior Material: Brick; Wood Siding Roofing: Composition Substructure: Full Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Natural Gas Available; 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: Paved Street Type: Public Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator; Washer/Dryer Unit 2: Range/Oven; Refrigerator; Washer/Dryer

Documents

IDX
Listing Office: Bellabay Realty (North)
Listing Agent: Angela J Worth
Source MLS Verified
Last Updated: August - 28 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Search powered by FBS Products
chat