1655 Madison Avenue SE, Grand Rapids, MI 49507
New Listing $299,900

Property Type: Multi Family Lot Size (sq. ft.): 7,187 Status: Active
Current Price: $299,900 List Date: 7/28/2026 Last Modified: 7/28/2026
Overview
Description
Supplements: ... (Read more) 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.
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
- Basement
- Yes
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
- Homestead %
- 0
Waterfront Options
- Water Access Y/N
- No
Access Feat
- Accessibility Features
- No
More Information
Unit 1
- Unit #
- 1655
- Unit Description
- 1655
- SqFt
- 1200
- Occupied
- Yes
- Monthly Rent
- 1500
- Bathrooms
- 2
- Full Baths
- Yes
- Half Baths
- Yes
- Range Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Unit 2
- Unit #
- 1657
- Unit Description
- 1657
- SqFt
- 1200
- Occupied
- Yes
- Monthly Rent
- 1703
- Bathrooms
- 2
- Full Baths
- Yes
- Half Baths
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Location & Property Info
- Cross Streets
- Madison & Dickinson
- Property Sub-Type
- 2 to 4 Units
- Municipality
- City of Grand Rapids
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 124.96
Remarks & Misc
- Public Remarks
- 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.
- Legal
- LOT 1 BLK 1* REYNOLDS & FRANKLIN S ADDITION
Lot Description
- Sidewalk
- Yes
Street Type
- Public
- Yes
Util Avail at Street
- Natural Gas Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Laundry Features
- In Basement
- Yes
Exterior Material
- Brick
- Yes
- Wood 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
- Paved
- Yes
Substructure
- Full
- Yes
Owner Pays
- Sewer
- Yes
- Water
- Yes
Possession
- Close Of Escrow
- 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

Listing Office: Bellabay Realty (North)
Listing Agent: Angela J Worth

Last Updated: July - 28 - 2026
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