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117 Deloney Avenue SW Grand Rapids, MI $ 284,900
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117 Deloney Avenue SW
$ 284,900
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117 Deloney Avenue SW

Grand Rapids, MI, 49504
$ 284,900
Baths0.0

Monthly Estimate*

$ 1,754

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $284,900. This home was built in 1870 on a lot size of 0.95.

Well-maintained 2-unit investment property located within close distance to GVSU's downtown business campus. Unit 1 features 2 bedrooms and 1 full bathroom with current rent at $1,100/month. Unit 2 offers 1 bedroom and 1 full bathroom with current rent at $1,200/month. Both leases run through 7/15/2026, providing immediate and stable rental income. The property is City Certified through 3/28/2028 and has several updates, including newer siding, vinyl replacement windows, and water heaters that are approximately four years old. One furnace is approximately 8 years old and the second is approximately 18 years old. Property has split electric and gas meters. Strong rental history, solid mechanicals, and a prime downtown location make this an attractive addition to any investment portfolio. Full inspection report available for buyer's convenience. To respect tenant privacy, showings are limited to Thursdays from 3-5 PM and Saturdays from 10 AM-1 PM.

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Multi-Family Active

Price

$ 284,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,127

Style

2 to 4 Units

Lot Size

0.95

Year Built

1870

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26004741
Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected
Possession Subject To Tenant Rights
Construction Materials Vinyl Siding
Year Built 1870
Tenant Pays Electric Trash Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
County Kent
New Construction N
Property Type Multi Family
Status Active
Directions US 131 Market St. Exit Northeast to Fulton West past Indiana South on Deloney.
City Grand Rapids
High School District Grand Rapids
Zoning Description n/a
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4158.0
Listing Terms FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 3127.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 60586
Legal Description S 66 FT OF E 63 FT OF LOT 8 BLK 25* SHEPARD S ADDITION
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Total Baths 0
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Exterior
Total Parking 2.0
Lot Size Area 0.95
Number of Buildings 1
Spa N
Lot Dimensions 63 x 66
Lot Size Acres 0.95
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 117
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* Excluded Features
List By
Re/Max Of Grand Rapids (Grandville)

Broker

ashleigh@avl-homes.com

Email

Affordability Calculator

$2,015
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,754
Monthly Property Taxes
$261
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/10/2026$284,900 Listed Price

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117 Deloney Avenue SW, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $284,900 with a lot size of 0.95. 117 Deloney Avenue SW is a studio with 0.0 baths and was built in 1870. The property's zip code is 49504 which is in Grand Rapids, MI

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