Turnkey Duplex with Strong Rental History
Invest in this cash-flowing duplex in Grand Rapids, offering a fantastic opportunity for both seasoned & first-time investors. The 3 bed 1 bath upper unit has been completely remodeled and is move-in ready, featuring a brand-new kitchen, fresh paint, new carpet & LVT kitchen flooring. A new refrigerator & range complete the modern updates, making it an attractive option for tenants. Market rent for the unit is $1,200/mo. (Section 8 limit is $1963!)
The 3/1 lower unit is occupied by a long-term tenant, $900/mo, M2M, providing immediate stability for your investment. This property boasts newer mechanicals and a strong rental history, ensuring peace of mind for the next owner. With a potential gross rental income upwards of $2400/mo this duplex offers great cash flow at an affordable price point.
Don't miss this turnkey investment opportunity. Schedule your showing today!
Owner is a licensed Realtor in the State of MI.
All/any offers to be held and reviewed Mon 24th March 9am
Sold
$190,000
831 Alexander St SE, Grand Rapids, MI 49507
6beds
2baths
1,525sqft
2 to 4 Units
Built in 1905
-- sqft lot
$195,300 Zestimate®
$125/sqft
$1,075 Estimated rent
Home value
$195,300
$182,000 - $211,000
$1,075/mo
Zestimate® history
Owner options
List your home for rent
$1,075/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,075/mo
Rent Zestimate®
Refinance and save
$1,263/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,263/mo
Est. payment
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List your homeWhat's special
Fresh paintNew carpetBrand-new kitchenNew refrigerator
Zillow last checked:
Listing updated:
Listed by:
Paul Leason 616-717-1901,
Berkshire Hathaway HomeServices Michigan Real Estate (South)
Bought with:
Abisai Munoz, 6501407838
City2Shore Real Estate (GR)
Source: MichRIC,MLS#: 25010223
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: None
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 1,525 sqft
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Driveway
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 129
Details
- Parcel number: 411432308020
- Zoning description: RESIDENTIAL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Utilities for property: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Grand Rapids
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2025 | Sold | $190,000+5.6%$125/sqft |
Source:  MichRIC #25010223 Report a problem | ||
| 3/24/2025 | Pending sale | $180,000$118/sqft |
Source: MichRIC #25010223 Report a problem | ||
| 3/18/2025 | Listed for sale | $180,000+1233.3%$118/sqft |
Source: MichRIC #25010223 Report a problem | ||
| 2/10/2020 | Listing removed | $850$1/sqft |
Source: PICAL Consultants Report a problem | ||
| 1/11/2020 | Listed for rent | $850$1/sqft |
Source: PICAL Consultants Report a problem | ||
| 9/27/2018 | Listing removed | $850$1/sqft |
Source: PICAL Consultants Report a problem | ||
| 9/20/2018 | Listed for rent | $850+13.3%$1/sqft |
Source: PICAL Consultants Report a problem | ||
| 12/30/2016 | Listing removed | $750+15.4% |
Source: PICAL Consultants Report a problem | ||
| 9/28/2014 | Listing removed | $650 |
Source: PICAL Consultants Report a problem | ||
| 9/25/2014 | Listed for rent | $650 |
Source: PICAL Consultants Report a problem | ||
| 7/20/2014 | Listing removed | $650 |
Source: PICAL Consultants Report a problem | ||
| 6/26/2014 | Listed for rent | $650 |
Source: PICAL Consultants Report a problem | ||
| 1/23/2013 | Sold | $13,500+36.4%$9/sqft |
Source: Public Record Report a problem | ||
| 10/30/2009 | Sold | $9,900+34.7%$6/sqft |
Source: Public Record Report a problem | ||
| 5/27/2009 | Sold | $7,350-53.8%$5/sqft |
Source: Public Record Report a problem | ||
| 3/18/2009 | Price change | $15,900-16.3%$10/sqft |
Source: foreclosure.com Report a problem | ||
| 2/14/2009 | Price change | $19,000-9.5%$12/sqft |
Source: foreclosure.com Report a problem | ||
| 1/22/2009 | Listed for sale | $21,000-61.5%$14/sqft |
Source: foreclosure.com Report a problem | ||
| 5/7/2008 | Sold | $54,613-24.1%$36/sqft |
Source: Public Record Report a problem | ||
| 2/18/2003 | Sold | $72,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,541 | $88,700 +9.9% |
| 2024 | -- | $80,700 +48.6% |
| 2021 | $1,348 | $54,300 +16.3% |
| 2020 | $1,348 +3.2% | $46,700 +17.3% |
| 2019 | $1,307 | $39,800 +23.2% |
| 2018 | -- | $32,300 +18.8% |
| 2017 | $1,281 | $27,200 +11.9% |
| 2016 | $1,281 | $24,300 |
| 2015 | $1,281 +5% | $24,300 -2.8% |
| 2013 | $1,221 | $25,000 -17.5% |
| 2011 | -- | $30,300 -12.4% |
| 2010 | -- | $34,600 -6.7% |
| 2009 | -- | $37,100 -15.1% |
| 2007 | -- | $43,700 +21.2% |
| 2006 | -- | $36,052 +3.7% |
| 2005 | -- | $34,766 +3.3% |
| 2004 | -- | $33,656 +29.4% |
| 2002 | -- | $26,000 +48.7% |
| 2001 | -- | $17,486 |
Find assessor info on the county website
Neighborhood: 49507
Nearby schools
GreatSchools rating
- 3/10Campus Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 1.2 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 1.6 mi
Get a cash offer in 3 minutes
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Estimated market value
$195,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$195,300
- Michigan
- Kent County
- Grand Rapids
- 49507
- 831 Alexander St SE
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