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Listing provided courtesy of EXP Realty LLC- MLS# 26013518MLS Provider

418 56th Street SEKentwood, MI 49548

Multi-Family · 0.26 Acres
$495,000 Active

418 56th Street SE Overview

Time on Site:
87 days
Visits:
0

Welcome to 418-420 56th St -- a meticulously cared for duplex offering expert craftsmanship and quality finishes throughout both units. This turnkey investment is already generating $2,300/month in rental income from one occupied unit, with the second unit available for showing upon accepted offer. Each identical 3-bedroom, 1-bathroom unit was completely renovated in 2023 from top to bottom, featuring new windows, new flooring throughout, new stainless steel appliances, new lighting and plumbing fixtures, a freshly painted interior and exterior, and updated mechanicals. No deferred maintenance here -- just move-in ready spaces designed to attract and retain quality tenants. Whether you are looking to live in one unit and rent the other, or add a fully stabilized asset to your rental portfolio, this property delivers immediate cash flow and long-term value. Opportunities like this don't last -- schedule your private showing today!

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418 56th Street SE Facts & Features

  • Type Multi-Family
  • Lot 0.26 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1968

Location/Region

  • County Or Parish: Kent

Rent/Lease Information

  • Tenant Pays: Electric,Trash,Gas

Tax Information

  • Tax Annual Amount: 6209.0

General Information

  • Parcel Number: 41-18-31-401-002
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

    Exterior

    Parking Information

    • Parking Features: Concrete,Driveway

    Lot Information

    • Lot Size Acres: 0.26
    • Lot Size Area: 0.26
    • Lot Size Dimensions: 86 x 129
    • Lot Size Square Feet: 11108.0
    • Lot Size Units: Acres

    Waterfront/View

    • Waterfront: No

    Building Exterior/Construction

    • Attached Garage: No
    • Construction Materials: Aluminum Siding,Brick
    • Roof: Composition

    General Information

    • Number Of Units Total: 2
    • Utilities: Cable Available,Natural Gas Connected,Electricity Connected

    418 56th Street SE Neighborhood

    Community

    49548 (GRAND RAPIDS) Demographics

    33
    Median Age
    3,173
    Population Density (per sq. mile)
    24%
    College Educated
    $50,763
    Estimated Median Income
    8,406
    Estimated Total Home Owners
    3,224
    Estimated Total Renters
    72% / 28%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    418 56th Street SE Monthly Cost

    $
    $ %
    %
    $
    $
    Corinne Guerra
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    418 56th Street SE Market Data

    Based on the last 30 days in this zip code

    $232,182
    Average List Price
    $187
    Average Price per Square Foot
    26
    Properties Sold
    35
    Average Days on Market
    131
    Properties for Sale
    Calculations provided by Reliance Network

    418 56th Street SE History

    Date Event Value Agent
    4/3/2026Source: MichRIC MLS Added to Database
    April 03, 2026