For Sale
418 56th Street SE, Kentwood, MI 49548
$495,000
MLS # 26013518 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19680.26 acres
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Listing Description
Welcome to 418-420 56th St -- a meticulously cared for duplex offering expert craftsmanship and quality finishes throughout both units. This turnkey investment is already generating $2,300/month in rental income from one occupied unit, with the second unit available for showing upon accepted offer. Each identical 3-bedroom, 1-bathroom unit was completely renovated in 2023 from top to bottom, featuring new windows, new flooring throughout, new stainless steel appliances, new lighting and plumbing fixtures, a freshly painted interior and exterior, and updated mechanicals. No deferred maintenance here -- just move-in ready spaces designed to attract and retain quality tenants. Whether you are looking to live in one unit and rent the other, or add a fully stabilized asset to your rental portfolio, this property delivers immediate cash flow and long-term value. Opportunities like this don't last -- schedule your private showing today!
Source: SparkMLS
About this home
Currently offered at $495,000.
Property tax estimate: $6,209 per year ($517/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.26 acres
Year Built1968
Location
CityKentwood
MunicipalityCity of Kentwood
Zip Code49548
CountyKent
School DistrictKentwood
Construction & Systems
ConstructionAluminum Siding, Brick
BasementFull
HeatingForced Air
UtilitiesCable Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed4/2/2026
Terms AcceptedVA Loan, FHA, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$6,209
Tax Year2026
State Equalized Value$156,800
Taxable Value$110,330
Assessed Value$110,330
Parcel #411831401002
Source: Public Records
Legal Description
LOT 2 ALSO W 16 FT OF LOT 3 * PINECREST PLAT
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Filloreta Balaj-Elezi
EXP Realty LLC
Frequently Asked Questions about 418 56th Street SE, Kentwood, MI 49548
What school district is 418 56th Street SE, Kentwood, MI 49548 in?
Per MLS# 26013518, this property is served by Kentwood. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26013518, the seller has indicated this property accepts the following financing types: VA Loan, FHA, Cash, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26013518, the most recent reported annual property tax for 418 56th Street SE, Kentwood, MI 49548 is $6,209 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 418 56th Street SE, Kentwood, MI 49548 eligible for USDA financing?
Per USDA Rural Development boundary data, 418 56th Street SE, Kentwood, MI 49548 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 418 56th Street SE, Kentwood, MI 49548 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the City of Kentwood police department or the Kent County sheriff's office.
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Monthly payment$3,211
Principal & interest$3,211
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
418 56th Street SE, Kentwood, MI 49548
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Municipality
Kentwood
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