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Jim Blehm

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

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956 Hovey St SW , Grand Rapids, MI 49504
$275,500
Est. Payment: $612.22/mo
2 Bath
0.14 Acres
Status: pending | Days on site: 13
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g093400 - gdesm5030
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

INVESTORS—THIS ONE IS READY TO GO! This fully rented Grand Rapids duplex offers immediate income with both units currently occupied and a City of Grand Rapids Rental Certificate valid through December 2030. But the opportunity may not stop there! The property previously had a detached garage and is zoned TN-LDR, creating an exciting opportunity to explore the potential for a future garage with an Accessory Dwelling Unit (ADU) or other permitted configuration. Two existing rental units today with the possibility of exploring additional living or rental space tomorrow! Any future ADU, garage, additional dwelling, or development is not guaranteed and is subject to City of Grand Rapids and other required approvals. Buyer and buyer's agent to verify all information, zoning, permitted uses, requirements, and approvals and complete their own due diligence regarding any intended future use. Conveniently located near downtown Grand Rapids, shopping, restaurants, and area amenities. Whether Both units are currently tenant occupied with a combined monthly rental income of $2,470. Unit 1: $1,150/month with lease in place through October 2027. Unit 2: $1,320/month with lease in place through May 1, 2027.
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Highlights

Listed by Danielle R DeSmit , 616-299-3067 Apex Realty Group , 616-277-1463. MichRIC

Property Type

Multi-Family
Lot/Acreage
0.14

Year Built

1941

County

Kent

 School District

Grand Rapids

Listing ID

26052856

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:2
Basement:Full

Exterior Features

Garage Capacity:4
Parking Features:Paved
Principal Interest
$612
Taxes
$191

Home Price

$275,500

Loan Details

30 yrs
0%

Down Payment

20%
$55,100
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:
$612.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $612.22 $190.50 $0.00 $802.72
Yearly $7,346.67 $2,286.00 $0.00 $9,632.67
Total $220,400.00 $68,580.00 $0.00 $288,980.00
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Brian Belinger
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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: 2026-10-25T18:09:29.000Z

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