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Jim Blehm

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

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549 Giddings Ave SE , Grand Rapids, MI 49506
$450,000
Est. Payment: $1,000.00/mo
2 Bath
0.08 Acres
Status: pending | Days on site: 10
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Jim Blehm, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Jim Blehm
Team Owner, Realtor®
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House Description

TWO HOMES. ONE INCREDIBLE OPPORTUNITY! Whether you're building your real estate portfolio or dreaming of owning a home where your tenant helps pay the mortgage, this charming 1923 duplex offers an exciting path to building wealth! Located in Grand Rapids, 549 & 547 Giddings feature two spacious 2-bedroom, 1-bath apartments, each approximately 1,131 SF, with separate utilities, private basement storage and laundry areas. Currently generating $3,800/month in combined rental income, this property offers immediate income potential for investors and a compelling house-hacking opportunity for future owner-occupants. LIVE IN ONE. RENT THE OTHER. BUILD YOUR FUTURE! OPEN HOUSES: Friday, October 16, 4-7 PM and Saturday, October 17, 1-4 PM.
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Highlights

Listed by Margaux Drake , 616-262-4692 and Stephen Drake , 616-262-4693 Keller Williams GR North , 616-447-9100. MichRIC

Property Type

Multi-Family
Lot/Acreage
0.08

Year Built

1923

County

Kent

 School District

Grand Rapids

Listing ID

26054787

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:2
Air Cond:Window Unit(s)
Fireplaces:
Basement:Full

Exterior Features

Lot:Level,Sidewalk
Garage Capacity:2
Roof:Composition
Sewer:Public Sewer
Parking Features:Paved
Principal Interest
$1,000
Taxes
$563

Home Price

$450,000

Loan Details

30 yrs
0%

Down Payment

20%
$90,000
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:
$1,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,000.00 $562.83 $0.00 $1,562.83
Yearly $12,000.00 $6,754.00 $0.00 $18,754.00
Total $360,000.00 $202,620.00 $0.00 $562,620.00
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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: 2026-11-01T14:17:27.000Z

© 2026 MichRIC