Southeast Grand Rapids Duplex - Turnkey Investment or Owner-Occupant Opportunity. Charming converted single-family home now offering two spacious 2-bedroom, 1-bath units in a rapidly improving Southeast Grand Rapids neighborhood. The lower unit is currently occupied with reliable rental income in place, while the upper unit is vacant and move-in ready — perfect for an owner-occupant, immediate rent-up, or house-hacking strategy. Each unit offers comfortable, well-proportioned living space. Enjoy the convenience of two off-street parking spaces and a large, dry basement with coin-op laundry, adding extra income potential and storage. The standout feature is the incredibly deep 165-foot backyard — a rare find offering privacy, room to garden, entertain, or simply enjoy outdoor space. Located in a neighborhood seeing significant reinvestment, with new construction and upgrades happening throughout the area. Easy to show. Don't miss this income-producing property in an up-and-coming area.
Active
$232,000
425 Adams St SE, Grand Rapids, MI 49507
4beds
2baths
1,530sqft
2 to 4 Units
Built in 1916
-- sqft lot
$230,200 Zestimate®
$152/sqft
$-- HOA
What's special
Two off-street parking spacesComfortable well-proportioned living space
- 1 day
- 195
- 15
Zillow last checked:
Listing updated:
Listed by:
Lewis Smalligan 616-634-0633,
Tall Tree Realty and Property Management LLC 616-634-0633
Source: MichRIC,MLS#: 26046150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: Common Area, Gas Dryer Hookup, In Basement, Laundry Room, Washer Hookup
Features
- Basement: Daylight,Full
Interior area
- Total interior livable area: 1,530 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved
Lot
- Size: 6,534 Square Feet
- Dimensions: 40 x 165
Details
- Parcel number: 411806203025
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding, Other
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Utilities for property: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $76,536
- Annual tax amount: $3,952
- Date on market: 8/31/2026
- Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
- Tenant pays: Electricity, Water, Sewer, Gas
- Electric utility on property: Yes
Estimated market value
$230,200
$219,000 - $242,000
$1,802/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $232,000+40.6%$152/sqft |
Source: | ||
| 4/1/2022 | Sold | $165,000+2257.1%$108/sqft |
Source: Public Record Report a problem | ||
| 4/15/2011 | Sold | $7,000-29.3%$5/sqft |
Source: Public Record Report a problem | ||
| 2/18/2011 | Price change | $9,900-33.6%$6/sqft |
Source: Coldwell Banker AJS-Schmidt #10058555 Report a problem | ||
| 12/12/2010 | Listed for sale | $14,900+18.3%$10/sqft |
Source: Coldwell Banker Schmidt REALTORS #10058555 Report a problem | ||
| 3/29/2010 | Sold | $12,600-84.2%$8/sqft |
Source: Public Record Report a problem | ||
| 8/12/2003 | Sold | $79,900$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,850 | $86,800 +9.5% |
| 2024 | -- | $79,300 +48.5% |
| 2021 | $1,394 | $53,400 +16.3% |
| 2020 | $1,394 +3.2% | $45,900 +16.8% |
| 2019 | $1,351 | $39,300 +18.7% |
| 2018 | -- | $33,100 +18.6% |
| 2017 | $1,325 | $27,900 +12.5% |
| 2016 | $1,325 | $24,800 |
| 2015 | $1,325 +5% | $24,800 -2.7% |
| 2013 | $1,262 | $25,500 -17.7% |
| 2011 | -- | $31,000 -12.9% |
| 2010 | -- | $35,600 -6.6% |
| 2009 | -- | $38,100 +13.7% |
| 2007 | -- | $33,500 +21.3% |
| 2006 | -- | $27,614 +3.7% |
| 2005 | -- | $26,629 +3.3% |
| 2004 | -- | $25,779 +71.7% |
| 2002 | -- | $15,016 +3.2% |
| 2001 | -- | $14,551 |
Find assessor info on the county website
Monthly payment
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