Large 4 bed 2 bath home used as a cash flow two family on the near SE side of Grand rapids with off street parking is a solid value. Features original hardwood flooring throughout most of the building, 2 beds and 1 bath per unit as well as a kitchen and living room and the main floor also has a formal dining room. All appliances included. Set appt today!
Foreclosed
Est. $189,200
1021 Madison Ave SE, Grand Rapids, MI 49507
--beds
2baths
1,727sqft
MultiFamily
Built in 1900
-- sqft lot
$189,200 Zestimate®
$110/sqft
$-- HOA
Overview
- 114 days |
- 41 |
- 3 |
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Forced air, Gas
Cooling
- None
Interior area
- Total interior livable area: 1,727 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
Features
- Exterior features: Wood
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 411431379034
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1900
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $167,200
- Annual tax amount: $1,583
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Estimated market value
$189,200
$155,000 - $223,000
$1,616/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Sold | $69,061+97.3%$40/sqft |
Source: Public Record Report a problem | ||
| 1/11/2019 | Sold | $35,000$20/sqft |
Source: Public Record Report a problem | ||
| 5/15/2015 | Listing removed | $35,000$20/sqft |
Source: Five Star Real Estate (Grandv) #14066201 Report a problem | ||
| 12/18/2014 | Listed for sale | $35,000+167.2%$20/sqft |
Source: Five Star Real Estate #14066201 Report a problem | ||
| 1/2/2013 | Listing removed | $13,100$8/sqft |
Source: Grand Rapids Market Center East #12032042 Report a problem | ||
| 12/8/2012 | Price change | $13,100-12.7%$8/sqft |
Source: Grand Rapids Market Center East #12032042 Report a problem | ||
| 10/13/2012 | Price change | $15,000-24.6%$9/sqft |
Source: Grand Rapids Market Center East #12032042 Report a problem | ||
| 7/31/2012 | Price change | $19,900-27.6%$12/sqft |
Source: Grand Rapids Market Center East #12032042 Report a problem | ||
| 6/20/2012 | Listed for sale | $27,500$16/sqft |
Source: Grand Rapids Market Center East #12032042 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,583 | $83,600 +15.6% |
| 2024 | -- | $72,300 +48.2% |
| 2021 | $913 | $48,800 +16.7% |
| 2020 | $913 -56.2% | $41,800 +19.1% |
| 2019 | $2,084 | $35,100 +20.2% |
| 2018 | -- | $29,200 +18.7% |
| 2017 | $1,316 | $24,600 -3.1% |
| 2016 | $1,316 | $25,400 |
| 2015 | $1,316 +88.8% | $25,400 +4.5% |
| 2013 | $697 | $24,300 -15.3% |
| 2011 | -- | $28,700 -8.6% |
| 2010 | -- | $31,400 -11.3% |
| 2009 | -- | $35,400 +58.7% |
| 2007 | -- | $22,300 +92.2% |
| 2006 | -- | $11,605 +3.7% |
| 2005 | -- | $11,191 +3.3% |
| 2004 | -- | $10,834 +6.2% |
| 2002 | -- | $10,200 +3.2% |
| 2001 | -- | $9,884 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South East Community
Nearby schools
GreatSchools rating
- 3/10Campus Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 0.8 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- High: Grand Rapids
- District: Grand Rapids
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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