LKV Realty
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$299,900
$1,400Reward *
1655 Madison Avenue SE, Grand Rapids, MI 49507Listing ID 26038778

1655 Madison Avenue SE, Grand Rapids, MI 49507

Active
Time on site: 21 daysLast updated: Aug 9, 2026
Property Type
Property Type
Multi Family
Property Sub Type
Property Sub Type
2 to 4 Units
Acres
Acres
0.17
Days on Site
Days on Site
17
Cooling
Cooling
None
Heating
Heating
Forced Air
Year Built
Year Built
1928
Parking
Parking
Paved

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.

Property Information

Property Details

Location

Address
1655 Madison Avenue SE
County
Kent
City
Grand Rapids
Zip Code
49507
School District
Grand Rapids

Interior Features

Other Rooms

Laundry Features
In Basement

Building

Building Information

Year Built
1928
Construction
Brick, Wood Siding
Roof
Composition

Property Taxes

Tax Annual Amount
$5,533
Tax Year
2025
Angela J WorthBellabay Realty (North), (616) 719-1022

Market Report for 49507

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Michigan Regional Information Center, LLC
Michigan Regional Information Center, LLC logo

Information Deemed Reliable But Not Guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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