22
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$384,900
Est. payment /mo
2,657 Sqft Lot
Active
232 Oakley NE Place Grand Rapids, MI 49503
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Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 25025120
Year Built 1890
Annual Tax Amount $6,500
Tax Year 2024
Lot Size 2,657 Sqft
Acres 0.06
Lot Dimensions 43x62
Property Sub-Type 2 to 4 Units
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 - G
Direction South off Crescent to Oakley Place
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Utilities Available Natural Gas Connected
View Y/N No
Building
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-30-203-003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by RE/MAX of Grand Rapids (FH)