Description
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.
Property Type
MultifamilyCounty
KentStyle
MultifamilyAD ID
49971757
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Property Details
-
Interior Features
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1890
- Total Units: 2
- Foundation/Basement: Michigan Basement
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.06
- Dimensions: 43x62
Property Information
- Financing: Cash,Conventional
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Listing Information
Listing Price Information
- Original List Price: $384,900
Listing Information
- Possession: Subject To Tenant Rights
- Legal Description: LOT 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
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Taxes / Assessments
Tax Information
- Annual Tax: $6,500
- Parcel Number: 411430203003
Possession
- Subject To Tenant Rights
Legal Information
- Legal Description: Section: LOT 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
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Unit 3 Information
- # of Bedrooms: 2
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 06/21/2025 @ 05:04
- MLS: 628075971
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 6 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.