1655 Madison Avenue SE City of Grand Rapids, MI $ 299,900
1655 Madison Avenue SE
$ 299,900
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1655 Madison Avenue SE

City of Grand Rapids, MI, 49507
$ 299,900
Bedrooms6 Baths0.0 Sq 2,400

Monthly Estimate*

$ 1,894

1655 Madison Avenue SE, City of Grand Rapids, MI 49507 - Image 1
1655 Madison Avenue SE, City of Grand Rapids, MI 49507 - Image 2
1655 Madison Avenue SE, City of Grand Rapids, MI 49507 - Image 3
1655 Madison Avenue SE, City of Grand Rapids, MI 49507 - Image 4
1655 Madison Avenue SE, City of Grand Rapids, MI 49507 - Image 5
1655 Madison Avenue SE, City of Grand Rapids, MI 49507 - Image 6
1655 Madison Avenue SE, City of Grand Rapids, MI 49507 - Image 7
Multi-Family Home for sale in City of Grand Rapids, MI for $299,900 with 6 bedrooms. This 2,400 square foot home was built in 1928 on a lot size of 0.17.

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.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.

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Multi-Family Active

Price

$ 299,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 5,533

Style

MultiFamily

Lot Size

0.17

Year Built

1928

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026038778

Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials Brick WoodSiding
Year Built 1928
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5533.49
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
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 108001
Legal Description LOT 1 BLK 1* REYNOLDS & FRANKLIN 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
Laundry Features InBasement
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Exterior
Parking Features Paved
Water Source Public
Total Parking 2.0
Lot Size Area 7187.0
Number of Buildings 1
Spa N
Building Area Total 2400.0
Lot Dimensions 60*120
Lot Size Acres 0.17
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1655
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* Excluded Features
List By
Angela J Worth

Listing Agent

Bellabay Realty (North)

Broker

(616) 299-3953

Phone

Affordability Calculator

$2,355
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$461
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/28/2026$299,900 Listed Price

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1655 Madison Avenue SE, City of Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $299,900 with 2,400 sqft and a lot size of 0.17. 1655 Madison Avenue SE has 6 bedrooms, 0.0 baths, and was built in 1928. The property's zip code is 49507 which is in City of Grand Rapids, MI