117 Deloney AVE SW, City Of Grand Rapids, MI 49504

$274,900

Est. payment /mo
Est.Price: ?

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117 Deloney AVE SW City Of Grand Rapids, MI 49504

0.95 Acres Lot

SOLD DATE : 05/18/2026

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 65026004741

Sold Date 05/18/26

Year Built 1870

Lot Size 0.950 Acres

Acres 0.95

Property Sub-Type MultiFamily

Property Description

Well-maintained 2-unit investment property located within close distance to GVSU's downtown business campus. Unit 1 features 2 bedrooms and 1 full bathroom with current rent at $1,100/month. Unit 2 offers 1 bedroom and 1 full bathroom with current rent at $1,200/month. Both leases run through 7/15/2026, providing immediate and stable rental income.The property is City Certified through 3/28/2028 and has several updates, including newer siding, vinyl replacement windows, and water heaters that are approximately four years old. One furnace is approximately 8 years old and the second is approximately 18 years old. Property has split electric and gas meters. Strong rental history, solid mechanicals, and a prime downtown location make this an attractive addition to any investment portfolio.Full inspection report available for buyer's convenience. To respect tenant privacy, showings are limited to Thursdays from 3-5 PM and Saturdays from 10 AM-1 PM.

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Building

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Realcomp MLS
Listed by Ashleigh VanDuinen-Leistra of RE/MAX of Grand Rapids (Grandville)
Bought with Berkshire Hathaway HomeServices Michigan Real Estate (Main)

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