Price Reduction
Address
2435-2437 Edgewood Avenue Se, Grand Rapids, MI
Price
$ 410,000
Property Attributes
  • MLS#26049808
  • TypeMulti-Family
  • Listing Status Active
  • CountyKENT
  • CityGrand Rapids
  • AreaCity of Grand Rapids
  • NeighborhoodCity of Grand Rapids
  • Zip49546
  • Style2 to 4 Units
  • Year Built1976
  • Taxes$ 4457
  • Price$ 410,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.22 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

A strong addition to any investment portfolio, this fully occupied Grand Rapids duplex offers steady rental income with two spacious 3-bedroom, 1.5-bath units. Tenants pay electric, gas, water, sewer and trash, keeping owner-paid expenses low. Each unit features central air, separate heating systems, fireplace, private outdoor space, garage access and laundry or hookups. With established tenants already in place and highly functional 3-bedroom layouts, this is a straightforward income-producing property with the fundamentals investors look for: consistent rent, utility separation and long-term rental appeal. An excellent opportunity to add a solid multifamily asset to your portfolio. Available for purchase individually or as part of a two-duplex portfolio with 2931-2933 SE Okemos Dr.

Price History
9/18/2026 Listed $426,000
9/18/2026 4$410,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer
Roof Composition
Construction Materials Brick,Wood Siding
Year Built 1976
Tenant Pays Electric,Water,Trash,Sewer,Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
OwnerPays None
County Kent
New Construction No
Property Type Multi Family
Attached Garage No
Status Active
City Grand Rapids
High School District Kentwood
Zoning Description RM
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 9583.0
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 4457.62
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 79456
MobileHomeRemainsYN No
Legal Description LOT 39 *KNOLLCREST ESTATES NO 2
Senior Community None

Interior Features

Basement Daylight,Full
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features In Basement,Sink,Washer Hookup
Total Baths 2

Exterior Features

Parking Features Concrete,Driveway,Paved
Lot Features Sidewalk,Wooded
Total Parking 2.0
Lot Size Area 0.22
Number of Buildings 2
Spa No
Lot Dimensions 120 x 80
Lot Size Acres 0.22
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49546

Price
AVG $430K
$410K
Taxes
AVG $4,399
$4,457
Year Built
AVG 1972
1976

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