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$384,900

232 Oakley Pl NE Grand Rapids, MI 49503

0.06 acres
Multi-Family

Property details

About 232 Oakley Pl NE

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.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.06 Acres
Year built1890
MLS #65025025120

Summary

  • Basement: Yes
  • Heating: Forced Air, Natural Gas
  • List Price: $384,900
  • Annual Tax Amount: $2,757
  • Tax Year: 2024
  • Directions: South off Crescent to Oakley Place
  • Year Built: 1890
  • Lot Size: 0.06 Acres
  • MLS Number: 65025025120
  • MLS Name: Greater Regional Alliance of REALTORS
  • Office Name: RE/MAX of Grand Rapids (FH)
  • Office Phone: (616) 957-0700
  • Listing Agent: Kyle J Kimble

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/8/2025, 8:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 30, 2022
Home Sold
$330,000
Jan 10, 2011
Home Sold
$65,000

Tax history

YearAssessmentProperty Tax
2024$135,400$2,757
2023$119,400$2,757
2022$102,400$2,757
2021$101,200$2,728
2020$92,900$2,728
2019$83,100$2,592
2018$69,000$2,605
2017$68,700$2,482

History based on county public records data.

Nearby schools

3

Coit Creative Arts Academy

Public District PK-5

0.5 mi

617 Coit Ave NE

6

Congress Elementary School

Public District PK-5

0.9 mi

940 Baldwin St SE

8

Grand Rapids Child Discovery Center

Public Charter KG-5

0.9 mi

409 Lafayette Ave SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,874. Residents of Grand Rapids, MI typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

69%
<35k
28%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

87%
Single, No Kids
3%
Single, with Kids
8%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
70%
18-34 yrs old
21%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 232 Oakley Pl NE

The listing price of 232 Oakley Pl NE property is $384,900.

The property 232 Oakley Pl NE is a multi located in Grand Rapids, Michigan, 49503.

Active Listing: 232 Oakley Pl NE is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 232 Oakley Pl NE are: Coit Creative Arts Academy (GreatSchools Rating 3/10), Congress Elementary School (GreatSchools Rating 6/10), Grand Rapids Child Discovery Center (GreatSchools Rating 8/10), Grand Rapids Public Museum Middle School (GreatSchools Rating 3/10), Martin Luther King Leadership Academy (GreatSchools Rating 3/10), Gerald R Ford Academic Center (GreatSchools Rating 5/10), Grand Rapids Montessori Academy (GreatSchools Rating 4/10), Grand Rapids Montessori Middlehigh (GreatSchools Rating 7/10), Innovation Central High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $2,757 (source: MLS/based on county public records data).

The last sale was on November 30, 2022 for $330,000 (source: MLS/tax record).

The year of construction for 232 Oakley Pl NE is 1890.

This home is located at 232 Oakley Pl NE in Grand Rapids, MI and zip code 49503 in the Heritage Hill neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $384,900.

In June 2025 more than 144 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 68 were sold below. The inventory of homes for sale in Grand Rapids, MI between May and June 2025 increased by 10.6%. While the average time on the market in June 2025 was 16 days, the median list price was $310,836.

From Rocket Homes Real Estate and based on county public records data.

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