232 Oakley Place NE, Grand Rapids, MI 49503

$355,000

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Sold Price
$355,000
List Price
$384,900
Closing Date
Aug 15, 2025
Days on Market
44
MLS#
25025120
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

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.

Additional Information

Owner Pays
None
Taxes
$6,500
Acres
0.06
Basement
Michigan Basement
Heating
Forced Air
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Utilities
Natural Gas Connected
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kyle J Kimble from Listing Office: RE/MAX of Grand Rapids (FH).

Selling Agent: Selling Office: .

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