59-61 Grand Avenue NE, Grand Rapids, MI 49503 (MLS# 26049319)

59-61 Grand Avenue NE, Grand Rapids, MI 49503

New Listing

$550,000

Property Type: Multi Family Lot Size (sq. ft.): 4,573 Status: Active

Current Price: $550,000 List Date: 9/16/2026 Last Modified: 9/16/2026

Overview

Description

Now offering the perfect addition to your investment portfolio! 59-61 Grand is a large side-by-side, fully occupied duplex in the heart of Grand Rapids. Each 3 bed 1.5 bath unit is complete with beautiful original hardwoods, high ceilings, updated kitchens & bathrooms. Large front porch and back deck provide additional living & entertainment space. The property has been well-cared for and is ready for new owners. The combination of location, convenient layout and side-by-side setup makes this a gem for renters & owners alike. Walking distance to local restaurants, bars, shops, and all that the vibrant Heritage Hill neighborhood has to offer. This property offers an exceptional opportunity for an investor due to the long-term leases already in place for both units.

Listing Details MLS# 26049319

Location Property Info

County: Kent
Street #: 59-61
Street Name: Grand
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503

General Property Info

Lot Measurement: Acres
Lot Square Footage: 4573
Lot Acres: 0.11
Lot Dimensions: 67x68
Year Built: 1900
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2031-02-22
Road Frontage: 67
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids

Tax Info

Tax ID #: 41-14-30-278-023
Taxable Value: 272586
SEV: 275700
For Tax Year: 2025
Seller's Annual Property Tax: 13497.81
Tax Year: 2026
Spec Assessment & Ty: None Known
Zoning: TN-LDR

Access Feat

Accessibility Features: No

Unit 1

Unit #: 59
Unit Description: 59/ Left Side
SqFt: 1521
Occupied: Yes
Monthly Rent: 2100
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes

More Information

Unit 2

Unit #: 61
Unit Description: 61/ Right Side
SqFt: 1521
Occupied: Yes
Monthly Rent: 2150
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Substructure: Full; Michigan Basement Lot Description: Level; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Natural Gas Available Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Central Air; Dishwasher; Range Oven; Refrigerator; Sep. Heat System Unit 2: Central Air; Dishwasher; Fireplace; Range/Oven; Refrigerator; Sep. Heat System

Listing Office: EXP Realty (Grand Rapids)

Listing Agent: Ryan Ogle

Last Updated: September - 16 - 2026

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