$349,900

737 Clancy Ave NE Grand Rapids, MI 49503

Belknap Lookout Neighborhood

Estimated payment $2,169/month

Total Views 589
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Built in 1892, this all-brick two-unit building is ideally located just a couple of blocks north of Corewell Health on Michigan Ave. Both units feature 2 bedrooms, 1 full bathroom, and private laundry, with gas and electric split so tenants pay their own utilities while the owner covers water and sewer. Leases, disclosures, and operating income statements are attached to the listing. The property offers tons of curb appeal and character, and about 15 years ago it underwent extensive updates including new kitchens, windows, the back half of the roof, and a lower-level furnace, all of which remain in very nice condition. Additional features include a Michigan basement and an oversized one stall garage, currently used by the owner but with potential for additional rental income. With its unbeatable location, this is a must-see, and showings require at least 24 hours' notice for tenants.

Listing Agent

Dave Kooistra

Apex Realty Group Listed on: 03/24/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1882

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 50x126

Home Design

  • Brick Exterior Construction

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Utilities

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

Additional Features

  • Laundry in unit
  • Michigan Basement

Listing and Financial Details

  • The owner pays for sewer, water

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,300
  • Maintenance Expense $5,200
  • Manager Expense $5,275
  • Utility Expense $1,555
  • Gross Income $11,096
  • Net Operating Income $28,091

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,600

Year Built

Built in 1882

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1882
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 349900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Wall Furnace
  • Heating: Yes
  • Laundry Features: In Unit
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.145
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x126
  • Lot Size Sq Ft: 6316.0
  • Zoning Description: Res.Improved

Rental Info

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

Multi Family

  • Gross Income: 11096.0
  • Insurance Expense: 1300.0
  • Maintenance Expense: 5200.0
  • Manager Expense: 5275.0
  • Net Operating Income: 28091.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3600.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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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 $2,936 $143,400 $0 $0
2024 $29 $136,800 $0 $0
2023 $2,913 $127,400 $0 $0
2022 $2,768 $115,500 $0 $0
2021 $2,697 $103,600 $0 $0
2020 $2,607 $92,400 $0 $0
2019 $2,669 $83,400 $0 $0
2018 $2,587 $76,900 $0 $0
2017 $2,524 $68,000 $0 $0
2016 $2,537 $60,100 $0 $0
2015 $2,417 $60,100 $0 $0
2013 -- $45,800 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2026 03/25/26 Price Changed $349,900 -7.9% --
03/24/2026 03/24/26 For Sale $379,900 -- --
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Warranty Deed $9,600 --
Source: Public Records

Source: MichRIC

MLS Number: 26011513

MichRIC

APN: 41-14-19-326-025

Michigan Kent County Grand Rapids 49503 Belknap Lookout

737 Clancy Ave NE, 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 2026 MichRIC, LLC. All rights reserved.

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Dave Kooistra
Listing Agent
Dave Kooistra
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Apex Realty Group
(616) 636-2512
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