$370,000
$379,900
2.6%For more information regarding the value of a property, please contact us for a free consultation.
4,994 Sqft Lot
SOLD DATE : 06/11/2026
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 26021176
Sold Date 06/11/26
Year Built 1880
Annual Tax Amount $3,204
Tax Year 2025
Lot Size 4,994 Sqft
Acres 0.11
Lot Dimensions 40.6x123
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Updated, versatile, and packed with potential, this unique 2-unit property offers flexibility for owner-occupants, investors, or multigenerational living. The main unit is currently owner occupied, while the upper unit is leased through March 2027, providing immediate and stable rental income.
In October 2023, the home was professionally lifted 3 feet and upgraded with a brand-new foundation, new water and sewer lines, 2 new water heaters, and all new ductwork. The result is an impressive lower level that feels more like a daylight basement than a traditional basement space. Featuring 4 egress windows, the lower level includes 2 bedrooms, a full bathroom, living area, and plumbing already in place for a future wet bar or small kitchenette. A separate private exterior entrance adds even more flexibility for extended living space, guest quarters, or future expansion possibilities. The basement is ready for floor coverings, and all city permits have been finalized.
Outside, the garage will require repair or possible replacement, creating an opportunity for, additional off-street parking, storage, or potential accessory dwelling unit (ADU) possibilities, subject to local approvals.
A rare opportunity to own a property where the major structural and mechanical improvements have already been completed, while still offering significant upside potential for future value and income growth.
Listing agent is the owner. garage will require repair or possible replacement, creating an opportunity for, additional off-street parking, storage, or potential accessory dwelling unit (ADU) possibilities, subject to local approvals.
A rare opportunity to own a property where the major structural and mechanical improvements have already been completed, while still offering significant upside potential for future value and income growth.
Listing agent is the owner.
Location
State MI
County Kent
Rooms
Basement Daylight, Full, Walk-Out Access
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
Parking Features Unpaved
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
View Y/N No
Street Surface Paved
Total Parking Spaces 2
Building
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-13-23-202-014
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
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