Grand Rapids, MI 49503 232 Oakley Place NE
$384,900
17 more
Presented By: Kyle J Kimble at RE/MAX of Grand Rapids (FH) - (616) 957-0700
Home Details
Duplex opportunity in the heart of Grand Rapids! This multi-family home at 232 Oakley Place NE features two spacious three-bedroom, one-bath units—each with strong rental history. The upper unit is currently leased at $1,600 per month, while the lower unit brings in $1,625 on a month-to-month basis, offering flexibility for owner-occupants or rent adjustments. Each unit boasts comfortable living spaces, updated kitchens, and separate entrances. Located in a high-demand rental area just minutes from downtown, this property is ideal for investors looking to add a strong asset to their portfolio.
Presented By: Kyle J Kimble at RE/MAX of Grand Rapids (FH) - (616) 957-0700
Interior Features for 232 Oakley Place NE
Bathrooms
Total Baths
Other Interior Features
BasementMichigan Basement
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1
General for 232 Oakley Place NE
Additional Parcels Y/NNo
CityGrand Rapids
Construction MaterialsWood Siding
CountyKent
DirectionsSouth off Crescent to Oakley Place
Electric On Property Y/NNo
HeatingForced Air
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 975* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT
Listing TermsCash, Conventional
Lot Size Square Feet2657.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-06T15:56:11Z
New ConstructionNo
Number Of Units Total2
OwnerPaysNone
PossessionSubject To Tenant Rights
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6500.0
Tax Assessed Value125370
Tax Year2024
Tenant PaysElectric, Water, Trash, Sewer, Gas
TownshipCity of Grand Rapids
UtilitiesNatural Gas Connected
Year Built1890
Zoning DescriptionRES
Exterior for 232 Oakley Place NE
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions43x62
Lot Size Acres0.06
Lot Size Area0.06
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Waterfront Y/NNo
Additional Details
Price History
Mario Zarantenello
Broker
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