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  • $299,900

    1655 Madison Ave SE, Grand Rapids, MI 49507

    6beds
    2baths
    2,400sqft
    2 to 4 Units
    Built in 1928
    -- sqft lot
    $293,900 Zestimate®
    $125/sqft
    $1,632 Estimated rent

    Home value

    $293,900

    $279,000 - $309,000

    $1,632/mo

    Zestimate® history
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    What's special

    Original woodworkAdditional yard spaceBeautiful hardwood floorsConvenient half bath
    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. 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 draws. With reliable income already in place, low vacancy risk, and a location benefiting from nearby area growth, this duplex is a smart addition to any portfolio. Check it out before it's gone.

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela J Worth 616-299-3953,

    Bellabay Realty (North)

    Bought with:

    Dontay W Robertson, 6501402052

    NuCon Realty, LLC

    Source: MichRIC,MLS#: 26038778MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 60*120
    • Features: Sidewalk
    Details
    • Parcel number: 411806326028
    • Zoning description: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Brick, Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Available, Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $125/sqft
    • Tax assessed value: $108,001
    • Annual tax amount: $5,533
    • Date on market: 8/9/2026
    • Listing terms: VA Loan,FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/14/2026Sold$299,900$125/sqft
    Source: MichRIC #26038778 Report a problem
    8/28/2026Pending sale$299,900$125/sqft
    Source: MichRIC #26038778 Report a problem
    8/9/2026Listed for sale$299,900$125/sqft
    Source: MichRIC #26038778 Report a problem
    8/9/2026Pending sale$299,900$125/sqft
    Source: MichRIC #26038778 Report a problem
    7/28/2026Listed for sale$299,900+20%$125/sqft
    Source: MichRIC #26038778 Report a problem
    10/29/2025Listing removed$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    9/23/2025Price change$1,500-6.3%$1/sqft
    Source: Zillow Rentals Report a problem
    9/10/2025Price change$1,600-5.9%$1/sqft
    Source: Zillow Rentals Report a problem
    8/29/2025Listed for rent$1,700$1/sqft
    Source: Zillow Rentals Report a problem
    8/29/2025Listing removed$1,700$1/sqft
    Source: Zillow Rentals Report a problem
    8/20/2025Listed for rent$1,700$1/sqft
    Source: Zillow Rentals Report a problem
    9/30/2024Listing removed$1,700$1/sqft
    Source: Zillow Rentals Report a problem
    9/14/2024Listed for rent$1,700$1/sqft
    Source: Zillow Rentals Report a problem
    3/15/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/9/2024Listed for rent$1,700+42.3%$1/sqft
    Source: Zillow Rentals Report a problem
    3/1/2023Sold$250,000-16.6%$104/sqft
    Source: Public Record Report a problem
    2/22/2023Pending sale$299,900$125/sqft
    Source: MichRIC #23003938 Report a problem
    2/8/2023Listed for sale$299,900+149.9%$125/sqft
    Source: MichRIC #23003938 Report a problem
    8/8/2020Listing removed$1,195
    Source: Urban Pharm Report a problem
    8/3/2020Listed for rent$1,195+3.9%
    Source: Urban Pharm Report a problem
    2/15/2020Listing removed$1,150
    Source: Urban Pharm Report a problem
    11/14/2019Listed for rent$1,150
    Source: Urban Pharm Report a problem
    10/23/2019Sold$120,000-7.7%$50/sqft
    Source: Public Record Report a problem
    8/9/2019Listed for sale$130,000$54/sqft
    Source: Five Star Real Estate (Main) #19038351 Report a problem
    12/26/2018Listing removed$130,000$54/sqft
    Source: Five Star Real Estate (Main) #18058618 Report a problem
    12/18/2018Listed for sale$130,000$54/sqft
    Source: Five Star Real Estate (Main) #18058618 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$5,430 +2.7%$117,600 +1.6%
    2025$5,290 $115,700 +13.4%
    2024-- $102,000 +50%
    2021$701 $68,000 +18.9%
    2020$701 +248.1%$57,200 +138.8%
    2019$201 $23,950
    2018-- --
    2017$1,034 --
    2016$1,034 $29,200
    2015$1,034 -33.9%$29,200 -21.1%
    2013$1,564 $37,000 -37.2%
    2011-- $58,900 -13.3%
    2010-- $67,900 -5.2%
    2009-- $71,600 +21.4%
    2007-- $59,000 +74.8%
    2006-- $33,746 +3.7%
    2005-- $32,542 +3.3%
    2004-- $31,503 +6.2%
    2002-- $29,659 +82.6%
    2001-- $16,244
    Find assessor info on the county website

    Neighborhood: Garfield Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $293,900
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    Estimated market value
    $293,900