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1559 Forrest Avenue NE Grand Rapids, MI $ 289,900
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$ 289,900 Get more info
1559 Forrest Avenue NE
$ 289,900
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Recently Listed
Open House 6/21 2pm - 3:30pm
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1559 Forrest Avenue NE

Grand Rapids, MI, 49505
$ 289,900
Baths0.0

Monthly Estimate*

$ 1,785

1559 Forrest Avenue NE, Grand Rapids, MI 49505 - Image 1
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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $289,900. This home was built in 1900 on a lot size of 0.12.

Excellent Investment or Owner-Occupant Opportunity in Creston Heights! This well-located duplex offers an outstanding opportunity for both investors and owner-occupants. Situated in the desirable Creston Heights neighborhood, it's adjacent to the city high/middle school and just one block from Café Mamo, Lucy's and Quinn & Tuite's Irish Pub, and several other popular restaurants and amenities. Unit 1: 3 bedrooms, 1 full bathroom - currently vacant and previously rented for $1,495/month, making it ideal for owner occupancy or immediate leasing.Unit 2: 4 bedrooms, 1 full bathroom - currently leased through the end of August at $1,695/month. Recent updates include a new furnace in Unit 2 and a new hot water heater in Unit 1, providing added value and peace of mind. Whether you're looking to live in one unit while generating rental income from the other or add a solid property to your investment portfolio, this duplex is a fantastic opportunity.

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Open House

6/21/2026 2:00 PM - 3:30 PM
1559 Forrest Avenue NE Grand Rapids, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 289,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,800

Style

2 to 4 Units

Lot Size

0.12

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26030149
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays Electric Trash Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Kent
New Construction N
Property Type Multi Family
Status Active
Directions Plainfield north to Sweet street turn east then Forrest is to the south
City Grand Rapids
High School District Grand Rapids
Zoning Description Multi Family
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 5009.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4800.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 90645
Legal Description S 3.0 FT OF LOT 213 ALSO LOT 214 * STEINMANN'S ASSESSOR'S PLAT NO. 7
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Laundry Features Gas Dryer Hookup Washer Hookup
Total Baths 0
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Exterior
Total Parking 0.0
Lot Size Area 0.12
Number of Buildings 1
Spa N
Lot Dimensions 50 x 100
Lot Size Acres 0.12
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 1559
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* Excluded Features
List By
Novosad Realty Partners

Broker

barb@novosadrealty.com

Email

Affordability Calculator

$2,185
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,785
Monthly Property Taxes
$400
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
6/18/2026$289,900 Listed Price

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1559 Forrest Avenue NE, Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $289,900 with a lot size of 0.12. 1559 Forrest Avenue NE is a studio with 0.0 baths and was built in 1900. The property's zip code is 49505 which is in Grand Rapids, MI

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