$474,900
$70K PRICE DROP

Estimated payment $3,029/month

Total Views 11,665
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • Window Unit Cooling System
  • 6 Car Garage
  • Corner Lot: Yes
  • Forced Air Heating System
  • Laundry Facilities

About This Home

Unique option in the City of Grand Rapids with this fully occupied 3 unit building. The main floor, previously commercial space, has been fully renovated. Main floor unit is 2 bed 1 bath bringing in $2000 in rent and both upper units are 1 bed 1 bath with long term tenants each renting at $1,100. All units have shared laundry space with coin operated machines. Property has a detached two stall garage with large overhead storage space and the driveway connects Lafayette and Page streets providing ample parking. The garage has power as well as a storage shed. An additional storage shed adds to the appeal. Upper units are in good shape but updating would likely bring improved rents and raise property value.

Listing Agent

Jeff Bode

Bellabay Realty (SW) License #6501382707 Listed on: 06/13/2025

Bellabay Realty (SW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 1930

Lot Details

  • 5,140 Sq Ft Lot
  • Lot Dimensions are 80x64
  • Corner Lot: Yes

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,300

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80X64
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: COM-IMP
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Corner Lot: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Laundry Features Common Area: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 474900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Other
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area
  • Utilities: Electricity Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 80X64
  • Lot Size Sq Ft: 5140.0
  • Zoning Description: COM-IMP

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 5300.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $5,285 $112,000 $0 $0
2024 $5,285 $120,500 $0 $0
2023 $5,562 $100,900 $0 $0
2022 $5,035 $97,100 $0 $0
2021 $1,601 $79,900 $0 $0
2020 $1,548 $67,200 $0 $0
2019 $1,585 $59,800 $0 $0
2018 $1,536 $59,200 $0 $0
2017 $1,499 $56,400 $0 $0
2016 $1,506 $49,900 $0 $0
2015 $1,435 $49,900 $0 $0
2013 -- $47,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $474,900 -5.0% --
06/26/2025 06/26/25 Price Changed $499,900 -8.3% --
06/13/2025 06/13/25 For Sale $545,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- First American Title
Warranty Deed $142,000 None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Warranty Deed $16,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $168,750 New Conventional
Closed $0 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25028418

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-377-033