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59-61 Grand Avenue NE Grand Rapids, MI $ 550,000
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59-61 Grand Avenue NE
$ 550,000
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59-61 Grand Avenue NE

Grand Rapids, MI, 49503
$ 550,000
Baths0.0

Monthly Estimate*

$ 3,473

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $550,000. This home was built in 1900 on a lot size of 0.11.

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.

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,497

Style

2 to 4 Units

Lot Size

0.11

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26049319
Features
General
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available Natural Gas Connected
Possession Close Of Escrow Subject To Tenant Rights
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays Electric Water Trash Sewer Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
City Grand Rapids
High School District Grand Rapids
Zoning Description TN-LDR
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4573.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 13497.81
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 272586
Legal Description 411430278023 PART OF LOTS 21 THRU 24 INCL COM AT NE COR OF LOT 22 TH S 0D 09M 20S E ALONG E LINE OF SD LOT 63.45 FT TO A PT 70 FT N OF SE COR OF SD LOT TH N 87D 34M 49S W 67.90 FT TH N 0D 09M 20S W 6
Senior Community None
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Interior
Basement Full Michigan Basement
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 0
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Exterior
Parking Features Paved
Lot Features Level Sidewalk
Total Parking 4.0
Lot Size Area 0.11
Number of Buildings 1
Spa N
Lot Dimensions 67x68
Lot Size Acres 0.11
Road Surface Type Paved
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 5961
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* Excluded Features
List By
Exp Realty (Grand Rapids)

Broker

ryan@thinkbluhouse.com

Email

Affordability Calculator

$4,598
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,473
Monthly Property Taxes
$1,125
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
250213 Elementary School
249218 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/16/2026$550,000 Listed Price

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59-61 Grand Avenue NE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $550,000 with a lot size of 0.11. 59-61 Grand Avenue NE is a studio with 0.0 baths and was built in 1900. The property's zip code is 49503 which is in Grand Rapids, MI

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