$269,900
$10K PRICE DROP

1002 Madison St Grand Haven, MI 49417

Estimated payment $1,837/month

Total Views 10,089
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • Forced Air Heating System
  • White Pines Intermediate School Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Coast Guard Park

About This Home

Exceptional Income Opportunity located on the east side of Grand Haven, many updates including New Roof 2022, New furnaces both units 2023, and multiple new appliances. Duplex generates steady rental income from an upper and lower unit, each renter occupied with tenants paying utilities and managing lawn/snow. This duplex is conveniently located near restaurants and businesses and minutes from downtown Grand Haven. The lower unit features 2 bedrooms, a full bath with a shower, a living room that extends to a sunroom as well as a new stove and stackable washer and dryer. The upper unit has an open kitchen and stackable washer and dryer, living room, bedroom with large closet, a full bath with a shower, and bonus room for your needs. This duplex has 4 parking spaces, a shared composite composite deck and a 10x10 storage shed with an attached basketball hoop. This property offers long term value.
All showings must be scheduled and accompanied by a licensed Realtor. Due to tenants, showings will be:
Wednesday July 9th: 10am-12pm.
Thursday July 10th : 2-4 p.m.
Saturday July 12th: 12-2pm
Monday July 14th: 12-2pm
Saturday July 19th: 12-2pm

Listing Agent

James Richardson

HomeRealty, LLC License #6501401898 Listed on: 07/08/2025

HomeRealty, LLC

Co-Listing Agent

Gina Vis

HomeRealty, LLC License #6501309291

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,441

Year Built

  • Built in 1910

Lot Details

  • 6,608 Sq Ft Lot
  • Lot Dimensions are 48x141
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,441

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 48x141
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: Multi family
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 269900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 48x141
  • Lot Size Sq Ft: 6608.0
  • Zoning Description: Multi family

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4441.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,447 $108,600 $0 $0
2024 $4,309 $105,900 $0 $0
2023 $4,275 $81,700 $0 $0
2022 $3,077 $67,400 $0 $0
2021 $3,012 $62,400 $0 $0
2020 $2,975 $57,600 $0 $0
2019 $2,924 $56,300 $0 $0
2018 $2,771 $50,500 $0 $0
2017 $2,771 $50,500 $0 $0
2016 -- $48,800 $0 $0
2015 -- $46,400 $0 $0
2014 -- $42,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $269,900 -3.6% --
07/08/2025 07/08/25 For Sale $279,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Safe Title
Warranty Deed $106,000 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,000 Future Advance Clause Open End Mortgage
Previous Owner $76,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25033166

Southwestern Michigan Association of REALTORS®

APN: 70-03-21-328-001