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232 Oakley Place NE Grand Rapids, MI 49503
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Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65025025120
Sold Date 08/15/25
Bedrooms 2
Year Built 1890
Annual Tax Amount $6,500
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 43x62
Source Greater Regional Alliance of REALTORS®
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
Zoning Residential
Direction South off Crescent to Oakley Place
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage no
Private Pool No
Building
Foundation Michigan Basement
Sewer Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal)
Structure Type Wood
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411430203003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Polaris Real Estate LLC