Sold

$218,000

1008 Adams St SE, Grand Rapids, MI 49507

4beds

2baths

1,430sqft

2 to 4 Units

Built in 1920

-- sqft lot

$224,800 Zestimate^®

$152/sqft

$1,235 Estimated rent

Home value

$224,800

$211,000 - $238,000

$1,235/mo

Zestimate^® history

Owner options

List your home for rent

$1,235/mo

Rent Zestimate^®

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$1,235/mo

Rent Zestimate^®

Refinance and save

$1,438/mo

Est. payment

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$1,438/mo

Est. payment

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What's special

New furnaces and ductworkNew soffit over porchNew electric water heatersNew appliances

Great investment opportunity 2 unit rental property with several improvements. New windows in upper unit, new soffit over porch, new furnaces and ductwork, new flooring in both units, new appliances, upgraded electrical service for both units to 200 amp, new electric water heaters, new bathroom and plumbing in upper unit, 3 car concrete parking pad are just a few of the improvements. Tenant on 1st floor has been renting for 10 years. Possession is at close subject to tenants rights.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air

Cooling

None

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 1,430 sqft

Property

Parking

Total spaces: 3

Lot

Size: 5,227 Square Feet
Dimensions: 40 x 125
Features: Sidewalk

Details

Parcel number: 411805176002
Zoning description: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1920

Utilities & green energy

Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $152/sqft
Tax assessed value: $23,883
Annual tax amount: $1,272
Date on market: 11/14/2025
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
12/12/2025	Sold	$218,000-5.2%$152/sqft
Source: MichRIC #25058322 Report a problem
11/27/2025	Pending sale	$229,900$161/sqft
Source: MichRIC #25058322 Report a problem
11/14/2025	Listed for sale	$229,900+48.3%$161/sqft
Source: MichRIC #25058322 Report a problem
2/3/2025	Sold	$155,000-8.8%$108/sqft
Source: Public Record Report a problem
1/28/2025	Pending sale	$169,900$119/sqft
Source: MichRIC #24062053 Report a problem
1/7/2025	Listed for sale	$169,900$119/sqft
Source: MichRIC #24062053 Report a problem
12/30/2024	Pending sale	$169,900$119/sqft
Source: MichRIC #24062053 Report a problem
12/6/2024	Listed for sale	$169,900+9531.5%$119/sqft
Source: MichRIC #24062053 Report a problem
3/20/2012	Sold	$1,764$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,238	$73,700 +6.8%
2024	--	$69,000 +49.4%
2021	$1,083	$46,200 +17.3%
2020	$1,083 +3.2%	$39,400 +19%
2019	$1,050	$33,100 +15.7%
2018	--	$28,600 +18.2%
2017	$1,029	$24,200
2016	$1,029	$24,200
2015	$1,029 +4.9%	$24,200 +4.8%
2013	$981	$23,100 -35.7%
2011	--	$35,900 -17.3%
2010	--	$43,400 -5.2%
2009	--	$45,800 +44.5%
2007	--	$31,700 +83.4%
2006	--	$17,286 +3.7%
2005	--	$16,670 +3.3%
2004	--	$16,138 +6.2%
2002	--	$15,195 +3.2%
2001	--	$14,724