Active

Price cut: $10K (4/21)

$715,000

1053 3rd St NW, Grand Rapids, MI 49504

7beds

3baths

2,587sqft

Get pre-qualified

2 to 4 Units

Built in 1870

-- sqft lot

$682,400 Zestimate^®

$276/sqft

$-- HOA

What's special

Basement spaceMultiple unit layouts

Well-maintained 3-unit income property located in the heart of Grand Rapids' west side. This property features 3 residential units across 2 separate buildings, offering flexibility for investors or owner-occupants. Situated on a 60 ft road frontage lot, the parcel provides approximately 2,942 sq ft of total building area and ample off-street parking with up to 6 spaces. The property includes basement space, separate living areas, and multiple unit layouts. Conveniently located near downtown Grand Rapids, major highways, public transportation, schools, and local amenities.

172 days

185

1

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3

Heating

Forced Air

Appliances

Laundry: Common Area, Laundry Room

Features

Basement: Full

Interior area

Total interior livable area: 2,587 sqft

Property

Parking

Total spaces: 6
Parking features: Paved

Features

Waterfront features: Other

Lot

Size: 3,484 Square Feet
Dimensions: 60 x 104
Features: Wooded

Details

Parcel number: 411323412033
Zoning description: TN-TBA

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1870

Utilities & green energy

Sewer: Public Sewer, Storm Sewer
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $276/sqft
Tax assessed value: $53,304
Annual tax amount: $2,340
Date on market: 1/20/2026
Listing terms: Cash,Conventional
Tenant pays: None
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$682,400

$648,000 - $717,000

$1,738/mo

Price history

Date	Event	Price
4/21/2026	Price change	$715,000-1.4%$276/sqft
Source: MichRIC #26002440 Report a problem
1/20/2026	Listed for sale	$725,000+2032.4%$280/sqft
Source: MichRIC #26002440 Report a problem
2/28/2013	Sold	$34,000-24.3%$13/sqft
Source: MichRIC #13006710 Report a problem
9/21/2012	Listing removed	$44,900-71.6%$17/sqft
Source: Keller Williams Realty - Ann Arbor Market Center #212006408 Report a problem
3/15/2012	Sold	$158,275+252.5%$61/sqft
Source: Public Record Report a problem
3/3/2012	Price change	$44,900-10%$17/sqft
Source: Keller Williams Realty - Ann Arbor Market Center #212006408 Report a problem
1/19/2012	Listed for sale	$49,900+73.3%$19/sqft
Source: Keller Williams Realty - Ann Arbor Market Center #212006408 Report a problem
5/23/2011	Listing removed	$28,800$11/sqft
Source: Woodland-Schmidt #11017167 Report a problem
5/7/2011	Price change	$28,800-4%$11/sqft
Source: Woodland-Schmidt #11017167 Report a problem
4/3/2011	Listed for sale	$30,000-77%$12/sqft
Source: Coldwell Banker Schmidt REALTORS #11017167 Report a problem
9/18/2009	Sold	$130,272+0.2%$50/sqft
Source: Public Record Report a problem
5/8/2006	Sold	$130,000+13%$50/sqft
Source: Public Record Report a problem
6/3/2004	Sold	$115,000$44/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,281	$156,600 +1.6%
2024	--	$154,100 +63.6%
2021	$2,395	$94,200 +10.6%
2020	$2,395 -21.4%	$85,200 +12%
2019	$3,047	$76,100 +33.3%
2018	--	$57,100 +24.9%
2017	$3,689	$45,700 +10.9%
2016	$3,689	$41,200
2015	$3,689 +78.4%	$41,200 +5.6%
2013	$2,067	$39,000 -31.8%
2011	--	$57,200 -7.6%
2010	--	$61,900 -11.7%
2009	--	$70,100 +12.3%
2007	--	$62,400
2006	--	$62,400 +0.7%
2005	--	$61,980 +3.3%
2004	--	$60,000 +42.8%
2002	--	$42,008 +3.2%
2001	--	$40,706

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified