Grand Rapids, MI 49505 1402 North Avenue NE

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Presented By: Anthony Hernandez at Five Star Real Estate (Grandv) - (616) 257-1500
  • MLS# 25021916
  • 05/15/2025
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Home Details

Rare investment opportunity in Grand Rapids! This income-producing property includes a fully renovated single-family home (1404) and a duplex (1402) on one parcel—ideal for investors or owner-occupants looking to house hack. The single-family home was renovated to the studs in 2022 and features stainless steel appliances, new HVAC, central air, updated electrical, plumbing, and windows. Currently rented at $1,300/month (below market). The duplex includes a 2 bed/2 bath lower unit ($900/month) and a 1 bed/1 bath upper unit ($900/month), generating $1,800/month combined. Total monthly rent: $3,100. The tenant in upper unit is 1402 recently moved out so it could be a great chance for an owner occupited rental! Don't miss this unique opportunity.
Presented By: Anthony Hernandez at Five Star Real Estate (Grandv) - (616) 257-1500

Interior Features for 1402 North Avenue NE

Bathrooms

Total Baths

Other Interior Features

BasementCrawl Space, Full
Basement (Y/N)Yes
Heating Y/NYes
Laundry FeaturesLaundry Room
Total Fireplaces2

General for 1402 North Avenue NE

Additional Parcels Y/NNo
CityGrand Rapids
Construction MaterialsVinyl Siding
CountyKent
DirectionsN Off Leonard On North
HeatingForced Air
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionS 44.87 FT OF LOT 1 BLK 2 & S 19.87 FT OF LOT 2 BLK 2* PAGE S SUBDIVISION* OF BLOCKS 16 & 17 STEWART & IVES ADDITION
Listing TermsVA Loan, FHA, Cash, Conventional
Lot Size Square Feet0.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-16T18:16:57Z
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
OwnerPaysWater
PossessionClose Of Escrow
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4975.0
Tax Assessed Value97970
Tax Year2025
Tenant PaysElectric, Gas
TownshipCity of Grand Rapids
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
Year Built1890
Zoning DescriptionRes improved

Exterior for 1402 North Avenue NE

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions44x49x25x49x19x99
Lot FeaturesSidewalk
Lot Size Acres0.0
Lot Size Area0.0
Number of Buildings2
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Terry L McCaleb

Price $360,000
MLS#25021916
List Date 05/15/2025
Property Type Multi-Family
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