Here is a great opportunity to own an income producing multi-family property in a great area of Grand Rapids. Both 2 bedroom units are leased and tenant occupied. One tenant is month to month and the other is on a one year lease. Location is perfect and easy to rent. Home is located right near the GVSU bus line. Enjoy all that the area has to offer including it's close proximity to Downtown, the John Ball Zoo and West Side bars! Also walking distance to Kent Trails. With a little TLC and updating, rents can easily be increased for added value. Appliances are included in the sale. Basement has a separate entrance and can be finished out. Great opportunity for investors or home buyers as you can also lease one unit and live in the other! Tenant rights apply.
Sold for $285,000
$285,000
1115 Watson St SW, Grand Rapids, MI 49504
4beds
1,440sqft
Multi Family
Built in 1920
-- sqft lot
$316,800 Zestimate®
$198/sqft
$1,846 Estimated rent
Home value
$316,800
$301,000 - $333,000
$1,846/mo
Zestimate® history
Owner options
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$1,846/mo
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$1,846/mo
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$1,783/mo
Est. payment
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$1,783/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dwala Burk 248-747-2981,
The Virtual Realty Group
Bought with:
Britton Curtiss, 6501414327
Bellabay Realty (SW)
Source: Realcomp II,MLS#: 20240042795
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,440 sqft
- Finished area above ground: 1,440
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,791 sqft
- Dimensions: 40.00 x 124.00
Details
- Parcel number: 411326403027
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Grand Rapids
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2024 | Sold | $285,000-4.7%$198/sqft |
Source:  Realcomp II #20240042795 Report a problem | ||
| 7/31/2024 | Pending sale | $299,000$208/sqft |
Source: Realcomp II #20240042795 Report a problem | ||
| 7/18/2024 | Price change | $299,000-3.5%$208/sqft |
Source: Realcomp II #20240042795 Report a problem | ||
| 6/27/2024 | Price change | $310,000-4.6%$215/sqft |
Source: Realcomp II #20240042795 Report a problem | ||
| 6/17/2024 | Listed for sale | $325,000+69.7%$226/sqft |
Source: Realcomp II #20240042795 Report a problem | ||
| 11/26/2019 | Sold | $191,500+6.4%$133/sqft |
Source:  MichRIC #19051960 Report a problem | ||
| 10/24/2019 | Listed for sale | $179,999$125/sqft |
Source: Key Realty #19051960 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,761 | $118,500 +9.3% |
| 2024 | -- | $108,400 +52.7% |
| 2021 | $1,359 | $71,000 +13.1% |
| 2020 | $1,359 +3.3% | $62,800 +23.9% |
| 2019 | $1,315 | $50,700 +18.2% |
| 2018 | -- | $42,900 +18.5% |
| 2017 | $1,292 | $36,200 +13.1% |
| 2016 | $1,292 | $32,000 |
| 2015 | $1,292 +6% | $32,000 +13.9% |
| 2013 | $1,219 | $28,100 -18.6% |
| 2011 | -- | $34,500 -9.7% |
| 2010 | -- | $38,200 -11.6% |
| 2009 | -- | $43,200 +20.3% |
| 2007 | -- | $35,900 +28.3% |
| 2006 | -- | $27,973 +3.7% |
| 2005 | -- | $26,975 +3.3% |
| 2004 | -- | $26,114 +6.2% |
| 2002 | -- | $24,586 +3.2% |
| 2001 | -- | $23,824 |
Find assessor info on the county website
Neighborhood: John Ball Park
Nearby schools
GreatSchools rating
- 8/10John Ball Park Zoo SchoolGrades: 6Distance: 0.4 mi
- 5/10Union High SchoolGrades: 9-12Distance: 1.2 mi
- 2/10Westwood Middle SchoolGrades: 6-8Distance: 1 mi
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Estimated market value
$316,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$316,800
- Michigan
- Kent County
- Grand Rapids
- 49504
- John Ball Park
- 1115 Watson St SW
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Nearby neighborhoods
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