$1,270,000
$20K PRICE DROP

Estimated payment $8,650/month

Total Views 26,000
-- Beds
-- Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.86 Acre Lot
  • Baseboard Heating
  • Level Lot

About This Home

16 unit multi-family property offering a fantastic investment opportunity. 15 of 16 units currently rented and at less than market rents so there is room for value add. The current mortgage is assumable with a 6.11% interest rate. There are 11 units with 2 bedroom and 1 bath and 5 units with 1 bedroom, 1 bath. The majority of the units have interiors that have been recently renovated. The property is conveniently located near Parchment High School and Elementary School along with numerous manufacturing companies and easy access to Gull Road. Don't miss out!

Listing Agent

Connor Anderson

ReSIDE Grand Rapids License #6506049133 Listed on: 06/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,099

Year Built

  • Built in 1973

Lot Details

  • 37,897 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 32 Parking Spaces
  • Shared Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for gas, sewer, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,099

Year Built

Built in 1973

Lot Details

0.87 Acres

Listing Details

  • Property Sub-Type: Multi Family
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1973
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Driveway:Driveway: Shared Paved
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: Electricity Available, Natural Gas Available, Public Sewer
  • Lot Description:Lot Description: Level
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDMyNTI2IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA5LTE1VDE2OjMyOjIxLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE0NjI5IiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.ElZAbH9p2zd0JuupsdP0OtwaoESQrfIFZX-jgamm4v0/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 1270000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Total Parking Spaces: 32.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Hot Water
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
  • Water Source: Private
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Baseboard, Hot Water

Lot Info

  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Size Sq Ft: 37897.0
  • Zoning Description: R-MUL

Rental Info

  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 17099.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $17,099 $249,000 $0 $0
2025 $12,612 $252,300 $0 $0
2024 $12,534 $259,200 $0 $0
2023 $15,124 $230,600 $0 $0
2022 $11,288 $202,900 $0 $0
2021 $10,976 $154,100 $0 $0
2020 $10,987 $154,900 $0 $0
2019 $11,098 $159,800 $0 $0
2018 $12,620 $189,100 $0 $0
2017 -- $189,100 $0 $0
2016 -- $178,673 $0 $0
2015 -- $196,551 $0 $0
2014 -- $196,056 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2026 08/17/26 Price Changed $1,270,000 -1.6% --
06/28/2026 06/28/26 For Sale $1,290,000 +17.3% --
01/28/2022 01/28/22 Sold $1,100,000 0.0% -- View Prior Sale
11/12/2021 11/12/21 Pending -- -- --
10/12/2021 10/12/21 For Sale -- -- --
09/22/2021 09/22/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $1,100,000 -- --
Source: MichRIC

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $1,100,000 First American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,140,000 New Conventional
Closed $1,004,640 New Conventional
Source: Public Records

About the Listing Agent

Connor Anderson

ReSIDE Grand Rapids

(269) 266-8314

Section Image

Born and raised in Grand Ledge, MI. and a proud graduate of Western Michigan University. With deep roots in the Mitten and a lifelong love for real estate, Connor brings a personal touch and strong local knowledge to every client he works with. Based in West Michigan, Connor combines local insight with a genuine dedication to helping others with their real estate needs.

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When he's not working with buyers and sellers, you’ll likely find Connor on the golf course or spending

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Source: MichRIC

MLS Number: 26032526

MichRIC

APN: 06-02-201-040

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