418 56th St SE, Kentwood, MI, 49548
About This Home
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1968
Materials
- Roof: Composition
- Construction materials: Aluminum Siding,Brick
Type & Style
- Home type: MultiFamily
- Property subType: 2 to 4 Units
Interior
Basement
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,664 sqft
Property
Details
- Parcel number: 411831401002
- Zoning description: R2
Lot
- Lot size: 0.26 Acres
- Lot size dimensions: 86 x 129
Parking
- Total spaces: 2
- Parking features: Concrete,Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Kent County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,502 | $30,024 |
| Home Insurance * | $191 | $2,292 |
| Property Taxes | $433 | $5,196 |
| Electricity | $188 | $2,259 |
| Total | $3,314 | $39,768 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Listed for sale | $495,000 |
| 2023-08-03 | Sold | $375,000 |
| 2023-02-08 | Sold | $262,500 |
| 2023-01-31 | Pending sale | $275,000 |
| 2023-01-27 | Listed for sale | $275,000 |
View on Zillow