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.
Sold
$355,000
232 Oakley Pl NE, Grand Rapids, MI 49503
6beds
2baths
2,354sqft
2 to 4 Units
Built in 1890
-- sqft lot
$356,500 Zestimate®
$151/sqft
$1,909 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 26, 2025 at 07:58am
Listed by:
Kyle J Kimble 616-706-6086,
RE/MAX of Grand Rapids (FH)
Bought with:
Amanda Stickney, 6506048273
Polaris Real Estate LLC
Source: MichRIC,MLS#: 25025120

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Michigan Basement
- Number of fireplaces: 1
Interior area
- Total interior livable area: 2,354 sqft
Property
Lot
- Size: 2,613 sqft
- Dimensions: 43 x 62
Details
- Parcel number: 411430203003
- Zoning description: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Grand Rapids
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$356,500
2% more+$7,130
With Zillow Showcase(estimated)$363,630