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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1655 Madison Ave SE , Grand Rapids, MI 49507
$299,900
Est. Payment: $1,544.33/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

More photos coming soon! 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.

Highlights

Listed by Angela J Worth , 616-299-3953 Bellabay Realty (North) , 616-719-1022. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1928

County

Kent

School District

Grand Rapids

Listing ID

26038778

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Full

Exterior Features

Lot:Sidewalk
Garage Capacity:2
Roof:Composition
Sewer:Public Sewer
Parking Features:Paved
Principal Interest
$1,544
Taxes
$461

Home Price

$299,900

Loan Details

30 yrs
6.676%

Down Payment

20%
$59,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,544.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,544.33 $461.12 $0.00 $2,005.46
Yearly $18,532.00 $5,533.49 $0.00 $24,065.49
Total $555,960.02 $166,004.70 $0.00 $721,964.72
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Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Grand Rapids, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

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