1655 Madison Avenue SE, Grand Rapids, MI 49507 (MLS# 26038778)

1655 Madison Avenue SE, Grand Rapids, MI 49507

$299,900

01-1655-Madison-Ave-SE-Windowstill-Photo

02-1655-Madison-Ave-SE-Windowstill-Photo

03-1655-Madison-Ave-SE-Windowstill-Photo

04-1655-Madison-Ave-SE-Windowstill-Photo

06-1655-Madison-Ave-SE-Windowstill-Photo

07-1655-Madison-Ave-SE-Windowstill-Photo

08-1655-Madison-Ave-SE-Windowstill-Photo

Property Type: Multi Family Lot Size (sq. ft.): 7,187 Status: Pending

Current Price: $299,900 List Date: 8/09/2026 Last Modified: 8/28/2026

Overview

Description

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.

Supplements: 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 dra ... (Read more)

Listing Details MLS# 26038778

Location Property Info

County: Kent
Street #: 1655
Street Name: Madison
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49507

General Property Info

Lot Measurement: Acres
Lot Square Footage: 7187
Lot Acres: 0.17
Lot Dimensions: 60*120
Year Built: 1928
New Construction: No
Financial Available: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-03-07
Road Frontage: 60
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 2400
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Association YN: No

Tax Info

Tax ID #: 41-18-06-326-028
Taxable Value: 108001
SEV: 117600
For Tax Year: 2025
Seller's Annual Property Tax: 5533.49
Tax Year: 2025
Spec Assessment & Ty: None known to seller
Zoning: RES

Status Change Info

Under Contract Date: 2026-08-25

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: 1655
Unit Description: 1655
SqFt: 1200
Occupied: Yes
Monthly Rent: 1500
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 1657
Unit Description: 1657
SqFt: 1200
Occupied: Yes
Monthly Rent: 1703
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: In Basement Exterior Material: Brick; Wood Siding Roofing: Composition Substructure: Full Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Natural Gas Available; Public Sewer; Public Water Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Paved Street Type: Public Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator; Washer/Dryer Unit 2: Range/Oven; Refrigerator; Washer/Dryer

Documents

Community Info ›

Listing Office: Bellabay Realty (North)

Listing Agent: Angela J Worth

Last Updated: August - 28 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.