$172,500
SOLD MAY 8, 2025
-- Bed
-- Bath
-- Sq Ft
8,052 Sq Ft Lot

Recently Sold

14% Below List Price

6 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding
  • Window Unit Cooling System
  • Level Lot

About This Home

As of May 2025

Grand Rapids duplex for sale with big upside potential. Lower unit is a 3/1 and has been recently remodeled and currently rented out at average area rates. The upstairs unit is a 2/1 and is rented out m2m. This unit is ready for a remodel and rental rate increase. Plenty of off street parking and situated on a double lot. With a city variance & a lot split you could build an additional dwelling. Some sweat equity and a little capital expense will go a long way on this investment. Selling in as-is condition and priced to sell. Also a good opportunity for an owner occupant to house hack.

Last Agent to Sell the Property

Ryan Ogle

EXP Realty (Grand Rapids) License #6506045818 Listed on: 04/23/2025

EXP Realty (Grand Rapids)

Co-Listed By

Allyson Fea

EXP Realty (Grand Rapids) License #6501445411

Last Buyer's Agent

Ryan Ogle

EXP Realty (Grand Rapids) License #6506045818 Listed on: 04/23/2025

EXP Realty (Grand Rapids)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1887

Lot Details

  • 8,052 Sq Ft Lot
  • Lot Dimensions are 66x122
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,830

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1887
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1829.88
  • Tax Info:Zoning3: RES-IMP
  • 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
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Unpaved: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 199900.0
  • Lot Features: Level, 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: Unpaved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 66x122
  • Lot Size Sq Ft: 8052.0
  • Zoning Description: RES-IMP
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1829.88
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
May 8, 2025
Sold by
Spitzley Group Llc
Bought by
Kelderman Investments Llc
Seller's Agent
Ryan Ogle
EXP Realty (Grand Rapids)
Buyer's Agent
Ryan Ogle
EXP Realty (Grand Rapids)
List Price
$199,900
Sold Price
$172,500
Premium/Discount to List
-$27,400
-13.71%
Views
17
Current Estimated Value
$184,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,154
Avg. Annual Appreciation
23.71%

Purchase Details

Closed on
Mar 30, 2017
Sold by
Matthysse Lawrence D and Matthysse Ardith K
Bought by
Spitzley Group Llc

Purchase Details

Closed on
Aug 1, 1995
Sold by
Matthysse Ts and Matthysse Matthys
Bought by
Matthysse Matthys and Matthysse Jeffrey

Purchase Details

Closed on
Jul 31, 1995
Sold by
Matthysse Mtthyss and Matthysse Ts
Bought by
Matthysse Ts and Matthysse Jeffrey

Purchase Details

Closed on
Jul 30, 1995
Sold by
Flinski Flinski D D and Flinski Matthysse
Bought by
Matthysse Matthysse and Matthysse Jeffrey

Purchase Details

Closed on
Jan 16, 1991
Sold by
Pohler Pohler D D and Pohler Matthysse L
Bought by
Matthysse Jeffrey

Purchase Details

Closed on
Sep 28, 1990
Sold by
Flinski Flinski D D and Flinski Pohler D
Bought by
Matthysse Jeffrey

Purchase Details

Closed on
Feb 19, 1988
Bought by
Matthysse Jeffrey

Purchase Details

Closed on
Jan 12, 1988
Bought by
Matthysse Jeffrey
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Sun Title
Warranty Deed -- Sun Title Agency Of Michigan
Deed -- --
Warranty Deed $48,000 --
Warranty Deed $38,100 --
Quit Claim Deed -- --
Deed $41,000 --
Deed $19,900 --
Deed $20,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold $172,500 -13.7% --
04/29/2025 04/29/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $199,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

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 $1,760 $106,700 $0 $0
2024 $1,760 $93,200 $0 $0
2023 $1,746 $81,800 $0 $0
2022 $1,660 $70,100 $0 $0
2021 $1,617 $62,800 $0 $0
2020 $1,563 $56,000 $0 $0
2019 $1,600 $45,300 $0 $0
2018 $1,551 $38,500 $0 $0
2017 $1,513 $32,900 $0 $0
2016 $1,521 $30,400 $0 $0
2015 $1,449 $30,400 $0 $0
2013 -- $28,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25017002

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-155-018