About This Home

This 4-bedroom, 2-bathroom residential multi family at 549 Giddings Avenue SE in Grand Rapids, MI is listed for $450,000. Built in 1923, on a 0.09 acres lot.

Key Features

  • Built in 1923
  • 0.09 acre lot
  • 2 parking spaces

Property Details

2 full
2 spaces
1923

Amenities

A/C
Listing Description

TWO HOMES. ONE INCREDIBLE OPPORTUNITY! Whether you're building your real estate portfolio or dreaming of owning a home where your tenant helps pay the mortgage, this charming 1923 duplex offers an exciting path to building wealth! Located in Grand Rapids, 549 & 547 Giddings feature two spacious 2-bedroom, 1-bath apartments, each approximately 1,131 SF, with separate utilities, private basement storage and laundry areas.

Currently generating $3,800/month in combined rental income, this property offers immediate income potential for investors and a compelling house-hacking opportunity for future owner-occupants. LIVE IN ONE. RENT THE OTHER. BUILD YOUR FUTURE! OPEN HOUSES: Friday, October 16, 4-7 PM and Saturday, October 17, 1-4 PM.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

549 Giddings Avenue SE

Grand Rapids, MI 49506

Property Details

Construction

Brick Wood Siding

Heating

Forced Air

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 549 Giddings Avenue SE is listed at $450,000. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1923, 0.09 acre lot, 2 parking spaces.

This property is listed by Margaux Drake.

MD

Margaux Drake

Agent at Grand Rapids North Market Center, LLC

Listed by Grand Rapids North Market Center, LLC · Broker phone: (616) 447-9100 · View on Broker Site · Broker website

MLS# 26054787· Source: Michigan Regional Information Center, LLC.· 16 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

549 Giddings Avenue SE, Grand Rapids, MI 49506

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