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

Grand Rapids, MI, 49507
$ 299,900
Baths0.0

Monthly Estimate*

$ 1,894

1655 Madison Avenue SE, Grand Rapids, MI 49507 - Image 1
1655 Madison Avenue SE, Grand Rapids, MI 49507 - Image 2
1655 Madison Avenue SE, Grand Rapids, MI 49507 - Image 3
1655 Madison Avenue SE, Grand Rapids, MI 49507 - Image 4
1655 Madison Avenue SE, Grand Rapids, MI 49507 - Image 5
1655 Madison Avenue SE, Grand Rapids, MI 49507 - Image 6
1655 Madison Avenue SE, Grand Rapids, MI 49507 - Image 7
Studio

Multi-Family Home for sale in Grand Rapids, MI

for $299,900. This 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

Studio

Property Type

Multi-Family

Taxes

$ 5,533

Style

2 to 4 Units

Lot Size

0.17

Year Built

1928

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26038778

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Natural Gas Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Brick Wood Siding
Year Built 1928
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
Attached Garage N
Status Active
City Grand Rapids
High School District Grand Rapids
Zoning Description RES
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 7187.0
Listing Terms VA Loan FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 5533.49
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 108001
Legal Description LOT 1 BLK 1* REYNOLDS & FRANKLIN S ADDITION
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 In Basement
Total Baths 0
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Exterior
Parking Features Paved
Lot Features Sidewalk
Total Parking 2.0
Lot Size Area 0.17
Number of Buildings 1
Spa N
Lot Dimensions 60*120
Lot Size Acres 0.17
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 1655
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* Excluded Features
List By
Bellabay Realty (North)

Broker

angelaworth616@gmail.com

Email

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
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$299,900 Listed Price

Map


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