$384,900
Active

232 Oakley Place NE

Grand Rapids, MI 49503
Browse 22 photos

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.

  • Property Details
      • Utility FeaturesNatural Gas Connected
      • BasementMichigan Basement
      • Sewer InformationPublic Sewer
      • School DistrictGrand Rapids
      • Property Subtype2 to 4 Units
      • Original List Price$384,900
      • MLS #25025120
      • MLS #25025120
      • Cost384900
      • Acres0.06
      • Year Built1890
      • CountyKent
      • Days on Market (Cumulative)6

Location

Liberty Gray | Keller Williams GR NorthReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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