$470,000
PENDING

407 11th St NW Unit 409 Grand Rapids, MI 49504

West Grand Neighborhood

Estimated payment $2,978/month

Total Views 3,919
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

4-unit investment property with day one cash flow! Current rents of $5,170 total a month. Each unit offers 2 beds and 1 bath, with updates throughout in recent years. All four furnaces were replaced in 2019, and new water heaters installed in 2024. Fresh exterior paint, deck repairs, and new roof fascia enhance curb appeal and long-term value. Strong rental history with modernized interiors. Don't miss out on this great opportunity for passive income!

Listing Agent

Connor Anderson

MOXIE Real Estate + Development License #6506049133 Listed on: 06/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,583

Year Built

  • Built in 1900

Lot Details

  • 3,311 Sq Ft Lot
  • Lot Dimensions are 45x74

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,583

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45x74
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R-3
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Driveway:Unpaved: Yes
  • Substructure:Michigan Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 470000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: None
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 45x74
  • Lot Size Sq Ft: 3311.0
  • Zoning Description: R-3

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4583.0
  • Tax Year: 2025

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 $4,409 $172,000 $0 $0
2024 $4,409 $153,000 $0 $0
2023 $4,214 $133,700 $0 $0
2022 $159 $126,200 $0 $0
2021 $4,050 $95,000 $0 $0
2020 $3,914 $92,800 $0 $0
2019 $4,008 $75,100 $0 $0
2018 $3,094 $58,600 $0 $0
2017 $4,055 $56,700 $0 $0
2016 $3,203 $46,900 $0 $0
2015 $2,004 $46,900 $0 $0
2013 -- $39,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $470,000 0.0% --
05/27/2025 05/27/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $470,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $186,900 None Available
Quit Claim Deed -- None Available
Warranty Deed $149,000 None Available
Warranty Deed $93,000 Attorney
Warranty Deed $84,500 None Available
Land Contract -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,000 New Conventional
Previous Owner $140,175 New Conventional
Previous Owner $146,301 FHA
Previous Owner $73,125 Commercial
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25023277

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-130-059

Michigan Kent County Grand Rapids 49504 West Grand

407 11th St NW Unit 409, Grand Rapids, MI

This home is located at 407 11th St NW Unit 409, Grand Rapids, MI 49504 and is currently priced at $470,000. This property was built in 1900. 407 11th St NW Unit 409 is a home located in Kent County with nearby schools including Westwood Middle School, Union High School, and NexTech High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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Listing Agent
Connor Anderson
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MOXIE Real Estate + Development
(616) 730-8588