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117 Deloney Avenue SW City of Grand Rapids, MI $ 274,900
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$ 274,900 Get more info
117 Deloney Avenue SW
$ 274,900
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Share Save

117 Deloney Avenue SW

City of Grand Rapids, MI, 49504
$ 274,900
Baths0.0

Monthly Estimate*

$ 1,693

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Studio Multi-Family Home for sale in City of Grand Rapids, MI for $274,900. 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

$ 274,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,127

Style

MultiFamily

Lot Size

0.95

Year Built

1870

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026004741
Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession SubjectToTenantRights
Construction Materials VinylSiding
Year Built 1870
Property Subtype MultiFamily
Tax Year 2025
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions US 131 Market St. Exit Northeast to Fulton West past Indiana South on Deloney.
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Other
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3127.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered 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
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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Exterior
Water Source Public
Total Parking 2.0
Lot Size Area 4158.0
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
Ashleigh VanDuinen-Leistra

Listing Agent

Re/Max Of Grand Rapids (Grandville)

Broker

(616) 325-7096

Phone

Affordability Calculator

$1,953
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,693
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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/3/2026$274,900 -2.66% Price Down
2/25/2026$282,400 -0.88% Price Down
2/10/2026$284,900 Listed Price

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117 Deloney Avenue SW, City of Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $274,900 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 City of Grand Rapids, MI

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