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$ 384,900
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Active
232 Oakley Place Grand Rapids, MI 49503-3319
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70471776
Year Built 1890
Annual Tax Amount $6,500
Tax Year 2024
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 43x62
Property Sub-Type Multi-Family
Property 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.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Wood
Building
Foundation Basement
Structure Type Wood
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX of Grand Rapids (FH)