$ 299,900
-
$299,900
Price -
6
Bed -
0.17
Acre
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About the Listing 650001433374 - 65140004508179
Investment Opportunity: Side-by-Side Duplex This 3 bedroom, 1 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.
Listing Highlights
Interior Details
- Bedrooms: 6
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Basement:
- Other: Laundry Facility,Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 60*120
- Zoning: Residential
- Roof: Composition
- Others: Brick,Wood,Pub. Sidewalk
- Sewer: Sewer (Sewer-Sanitary),Sewer at Street
- Parking Features: Paved
Financial Details
- Tax Amount: $5,533
- Taxes w/Assessments: N/A
- Tax/Property ID: 411806326028
- Tax Year: N/A
Payment Calculator
Monthly Payment
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1655 Madison Ave SE Grand Rapids, MI 49507
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