Sold

$800,000

106 Prospect Ave SE, Grand Rapids, MI 49503

9beds

9baths

4,500sqft

5+ Units

Built in 1920

-- sqft lot

$929,100 Zestimate^®

$178/sqft

$1,297 Estimated rent

Home value

$929,100

$790,000 - $1.08M

$1,297/mo

Zestimate^® history

Owner options

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$1,297/mo

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$1,297/mo

Rent Zestimate^®

Refinance and save

$4,984/mo

Est. payment

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$4,984/mo

Est. payment

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What's special

9 Units Located In Desirable Heritage Hill. Walking Distance To Downtown Grand Rapids, Medical Mile, Mary Free Bed, Trinity Health, GRCC & Kendall. Exterior Recently Painted. Coin Operated Laundry. Street Parking Only. Commercial Loan Or Cash Only.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 9

Heating

Forced Air

Cooling

Window Unit(s)

Features

Basement: Full,Michigan Basement

Interior area

Total interior livable area: 4,500 sqft

Property

Lot

Size: 3,920 Square Feet
Features: Corner Lot

Details

Parcel number: 411430331001
Zoning description: 201 Comm Improv

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Wood Siding

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $178/sqft
Tax assessed value: $231,115
Annual tax amount: $12,442
Date on market: 7/16/2025
Listing terms: Cash
Tenant pays: None

Price history

Date	Event	Price
11/13/2025	Sold	$800,000-5.9%$178/sqft
Source: MichRIC #25035081 Report a problem
9/4/2025	Pending sale	$850,000$189/sqft
Source: MichRIC #25035081 Report a problem
8/18/2025	Price change	$850,000-10.1%$189/sqft
Source: MichRIC #25035081 Report a problem
7/16/2025	Listed for sale	$945,000-5%$210/sqft
Source: MichRIC #25035081 Report a problem
3/5/2025	Listing removed	$995,000$221/sqft
Source: MichRIC #24061005 Report a problem
2/17/2025	Listed for sale	$995,000$221/sqft
Source: MichRIC #24061005 Report a problem
12/1/2024	Pending sale	$995,000$221/sqft
Source: MichRIC #24061005 Report a problem
11/26/2024	Price change	$995,000-43.9%$221/sqft
Source: MichRIC #24061005 Report a problem
11/11/2024	Price change	$1,775,000-5.3%$394/sqft
Source: MichRIC #24055575 Report a problem
10/22/2024	Listed for sale	$1,875,000+1002.9%$417/sqft
Source: MichRIC #24055575 Report a problem
5/2/2012	Sold	$170,000-15%$38/sqft
Source: Public Record Report a problem
12/15/2011	Listed for sale	$200,000-37.5%$44/sqft
Source: Blu House Properties, LLC #11063462 Report a problem
6/14/2004	Sold	$320,000$71/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,985	$594,500 +5.6%
2024	--	$563,200 +61%
2021	$10,481	$349,800 +12.8%
2020	$10,481 +3.2%	$310,100 +14.7%
2019	$10,160	$270,300 +9%
2018	--	$248,000 +16.3%
2017	$9,960	$213,200 +11.2%
2016	$9,960	$191,800
2015	$9,960 +5%	$191,800 +5%
2013	$9,490	$182,700 +12.7%
2005	--	$162,106 +3.3%
2004	--	$156,928 +33.6%
2002	--	$117,441 +3.2%
2001	--	$113,800