737 Clancy Ave NE Grand Rapids, MI 49503
Belknap Lookout NeighborhoodEstimated payment $1,994/month
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.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $3,014
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
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 | $3,014 | $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 |
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 |
|---|---|---|---|---|
| 06/29/2026 06/29/26 | Price Changed | $319,900 | -3.0% | -- |
| 06/04/2026 06/04/26 | Price Changed | $329,900 | -4.3% | -- |
| 05/02/2026 05/02/26 | Price Changed | $344,900 | -1.4% | -- |
| 03/25/2026 03/25/26 | Price Changed | $349,900 | -7.9% | -- |
| 03/24/2026 03/24/26 | For Sale | $379,900 | -- | -- |
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 | $9,600 | -- |
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 | $50,000 | Credit Line Revolving | |
| Closed | $42,000 | Unknown |
Source: MichRIC
MLS Number: 26011513
APN: 41-14-19-326-025
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Information is deemed reliable but not guaranteed.
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