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$355,000
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Property Description
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.
Full Property Details
Full Property Details for 232 Oakley Pl NE
General
- Sold For: $355,000
- Taxes: $6,500
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25025120
- Added to Site: 232 day(s) ago
Location
- Area: Grand Rapids - G
- County: Kent
- Cross Streets: Crescent and College
- Driving Directions: South off Crescent to Oakley Place
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Utility Description: Natural Gas Connected
Structural Information
- # Buildings: 1
- Construction: Wood Siding
- Basement: Yes
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,657
- Zoning: RES
Financial Considerations
- Tax Amount: $6,500
- Terms: Cash, Conventional
- Landlord Pays: None
- Tenant Pays: Electricity, Water, Trash, Sewer, Gas
Disclosures and Reports
- Legal Description: LOT 975* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT
- Property ID: 41-14-30-203-003
Listed by RE/MAX of Grand Rapids (FH), Kyle J Kimble
Sold by Polaris Real Estate LLC, Amanda Stickney
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Schools
Schools serving 232 Oakley Pl NE
School District:Grand Rapids Public Schools
| Name | Grades | Distance |
|---|---|---|
Grand Rapids Montessori Public School 159 College Avenue Northeast, Grand Rapids, MI 49503 | PK-12 | 0.1 mi |
Alger Middle School 921 Alger Street Southeast, Grand Rapids, MI 49507 | 6-8 | 3.4 mi |
Ottawa Hills High School 2055 Rosewood Avenue Southeast, Grand Rapids, MI 49506 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 232 Oakley Pl NE
Date
Details
Price
Change
Source
8/15/2025
Sold
$355,000
-7.77%
MLS
5/29/2025
Listed
$384,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
232 Oakley Place NE, Grand Rapids, MI 49503 (MLS# 25025120) is a Single Family property that was sold at $355,000 on August 15, 2025. Want to learn more about 232 Oakley Place NE? Do you have questions about finding other Single Family real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

