117 Deloney Avenue Sw, City Of Grand Rapids, MI 49504

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.

Listing Status:

Active

Data Last Updated:

February 15, 2026 at 6:41AM

Listing Office:

Re/Max of Grand Rapids (Grandville) : 6169570700

Listing Agent:

Ashleigh VanDuinen-Leistra : 6163257096

MLS ID:

65026004741

Interior

• Basement: Full
• Heating: Forced airNatural gas

Exterior

• Parking: Parking spaces: 2

Construction

• General: Vinyl siding

Location

• Originating MLS: Greater Regional Alliance of REALTORS
• School District: Grand rapids
• County: Kent

Lot

• Zoning: S 66 FT OF E 63 FT OF LOT 8 BLK 25* SHEPARD S ADDITION411326435015

Utilities

• Utilities: Electricity connectedNatural gas connectedSewer connected
• Water: Public
• Sewer: Public sewerSewer at street

Financial

• Source: Greater Regional Alliance of REALTORS