418 56th St SE Grand Rapids, MI 49548
Kelloggsville NeighborhoodEstimated payment $3,248/month
About This Home
Welcome to 418-420 56th St -- a meticulously cared for duplex offering expert craftsmanship and quality finishes throughout both units. This turnkey investment is already generating $2,300/month in rental income from one occupied unit, with the second unit available for showing upon accepted offer.
Each identical 3-bedroom, 1-bathroom unit was completely renovated in 2023 from top to bottom, featuring new windows, new flooring throughout, new stainless steel appliances, new lighting and plumbing fixtures, a freshly painted interior and exterior, and updated mechanicals. No deferred maintenance here -- just move-in ready spaces designed to attract and retain quality tenants.
Whether you are looking to live in one unit and rent the other, or add a fully stabilized asset to your rental portfolio, this property delivers immediate cash flow and long-term value. Opportunities like this don't last -- schedule your private showing today!
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,209
Year Built
- Built in 1968
Lot Details
- 11,108 Sq Ft Lot
- Lot Dimensions are 86 x 129
Home Design
- Brick Exterior Construction
- Composition Roof
- Aluminum Siding
Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Community Details
- 2 Units
- Laundry Facilities
Listing and Financial Details
- The owner pays for water
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,604 | $156,800 | $0 | $0 |
| 2024 | $45 | $104,200 | $0 | $0 |
| 2023 | $1,812 | $104,200 | $0 | $0 |
| 2022 | $2,318 | $75,800 | $0 | $0 |
| 2021 | $2,263 | $69,900 | $0 | $0 |
| 2020 | $1,630 | $62,600 | $0 | $0 |
| 2019 | $2,204 | $54,100 | $0 | $0 |
| 2018 | $2,156 | $48,400 | $0 | $0 |
| 2017 | $2,104 | $48,400 | $0 | $0 |
| 2016 | $2,053 | $42,700 | $0 | $0 |
| 2015 | $2,003 | $42,700 | $0 | $0 |
| 2013 | -- | $35,800 | $0 | $0 |
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 |
|---|---|---|---|---|---|
| 04/03/2026 04/03/26 | For Sale | $495,000 | +32.0% | -- | |
| 07/28/2023 07/28/23 | Sold | $375,000 | 0.0% | -- | View Prior Sale |
| 06/14/2023 06/14/23 | Pending | -- | -- | -- | |
| 06/13/2023 06/13/23 | Price Changed | $374,900 | -3.8% | -- | |
| 05/30/2023 05/30/23 | For Sale | $389,900 | +48.5% | -- | |
| 02/08/2023 02/08/23 | Sold | $262,500 | -4.5% | -- | View Prior Sale |
| 01/30/2023 01/30/23 | Pending | -- | -- | -- | |
| 01/27/2023 01/27/23 | For Sale | $275,000 | -- | -- |
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 | $375,000 | Chicago Title | |
| Warranty Deed | $262,500 | Chicago Title | |
| Warranty Deed | -- | -- |
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 | $262,500 | New Conventional |
Source: MichRIC
MLS Number: 26013518
APN: 41-18-31-401-002
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.
Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.