$250,000

318 Diamond Ave SE Grand Rapids, MI 49506

East Hills Neighborhood

Estimated payment $1,853/month

Total Views 20,656
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding
  • Window Unit Cooling System
  • High Speed Internet

About This Home

Welcome to 318 Diamond Ave, a beautifully remodeled two-unit building in the heart of East Hills, perfectly situated between Wealthy and Cherry Street. Enjoy being steps from award-winning restaurants, coffee shops, lounges, and boutiques. Unit #1 offers two bedrooms, a large living room, an inviting kitchen, a laundry room, and seamless access to both the backyard and the front porch. Unit #2 offers two comfortable bedrooms, a full bathroom, a generous kitchen and family room, plus a bonus room just off the stairwell for added flexibility or a third bedroom. Both units have been tastefully updated, blending modern touches with timeless appeal. Complete with a private driveway and fenced in backyard, the possibilities are endless—make 318 Diamond Ave your next investment or home today!

Listing Agent

Emma LaCosse

Real Broker LLC License #6501449295 Listed on: 07/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 3,528 Sq Ft Lot
  • Lot Dimensions are 37.46x94.28

Home Design

  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement
  • Laundry in unit

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1905
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 37.46x94.28
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Gravel: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: Welcome to 318 Diamond Ave, a beautifully remodeled two-unit building in the heart of East Hills, perfectly situated between Wealthy and Cherry Street. Enjoy being steps from award-winning restaurants, coffee shops, lounges, and boutiques. Unit #1 offers two bedrooms, a large living room, an inviting kitchen, a laundry room, and seamless access to both the backyard and the front porch. Unit #2 offers two comfortable bedrooms, a full bathroom, a generous kitchen and family room, plus a bonus room just off the stairwell for added flexibility or a third bedroom. Both units have been tastefully updated, blending modern touches with timeless appeal. Complete with a private driveway and fenced in backyard, the possibilities are endless—make 318 Diamond Ave your next investment or home today!
  • Remarks Misc: Agent Only Remarks: Use ShowingTime to schedule. Separate furnace and water heater and electrical box for each unit. Extra fridge stays in unit #2 and window air unit stays in unit #2. See disclosures and additional information under documents. *This property is in the Fairmount Square Historic District* **Foundation and window assessment available by request *** Buyer to verify all information. Email Emma at emma@qamargroup.com with any questions!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 250000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 37.46x94.28
  • Lot Size Sq Ft: 3528.0
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 6824.43
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $6,471 $146,100 $0 $0
2024 $6,471 $129,700 $0 $0
2023 $5,594 $120,300 $0 $0
2022 $4,550 $109,200 $0 $0
2021 $5,376 $103,000 $0 $0
2020 $1,557 $97,500 $0 $0
2019 $1,594 $86,000 $0 $0
2018 $1,545 $77,400 $0 $0
2017 $1,508 $57,800 $0 $0
2016 $1,515 $53,000 $0 $0
2015 $1,443 $53,000 $0 $0
2013 -- $43,100 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2025 07/20/25 For Sale $250,000 +40.4% --
11/19/2020 11/19/20 Sold $178,000 -4.8% -- View Prior Sale
11/15/2020 11/15/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $187,000 -- --
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Warranty Deed $178,000 Ata National Title Group Llc
Quit Claim Deed -- --
Warranty Deed $19,000 --
Deed -- --
Source: Public Records

Source: MichRIC

MLS Number: 25035941

MichRIC

APN: 41-14-29-379-009

Michigan Kent County Grand Rapids 49506 East Hills

318 Diamond Ave SE, Grand Rapids, MI

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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Emma LaCosse
Listing Agent
Emma LaCosse
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Real Broker LLC
(616) 276-3051