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Sold
  • $265,000

    1140 Cromwell Ave SE, Grand Rapids, MI 49507

    4beds
    2baths
    2,001sqft
    2 to 4 Units
    Built in 1875
    -- sqft lot
    $265,000 Zestimate®
    $132/sqft
    $1,162 Estimated rent

    Home value

    $265,000

    $252,000 - $278,000

    $1,162/mo

    Zestimate® history
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    What's special

    Sold before broadcast: Completely updated duplex located in the City of Grand Rapids, offering strong cash flow potential with minimal maintenance. Both units feature 3 bedrooms and 1 full bathroom, with long-term tenants already in place. The property includes a full basement and a detached garage in the rear, providing additional storage and functionality. Major updates completed in 2024 include a new roof and windows, along with a newer furnace in the upper unit. Certified with the city and approved for Section 8, this is a turnkey investment opportunity ideal for investors looking for immediate rental income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melisa Utz 616-644-1685,

    Bellabay Realty LLC

    Bought with:

    Hakam S Hamed, 6501449817

    Legacy Real Estate Partners

    Source: MichRIC,MLS#: 26019494MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Full,Walk-Out Access
    Interior area
    • Total interior livable area: 2,001 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    Lot
    • Size: 3,920 Square Feet
    • Dimensions: 40*102
    • Features: Wooded
    Details
    • Parcel number: 411432359002
    • Zoning description: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Aluminum Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1875

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $93,200
    • Annual tax amount: $4,812
    • Date on market: 5/2/2026
    • Listing terms: FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/11/2026Sold$265,000$132/sqft
    Source: MichRIC #26019494 Report a problem
    5/2/2026Pending sale$265,000$132/sqft
    Source: MichRIC #26019494 Report a problem
    5/2/2026Listed for sale$265,000+165%$132/sqft
    Source: MichRIC #26019494 Report a problem
    1/5/2024Sold$100,000+402.5%$50/sqft
    Source: Public Record Report a problem
    5/8/2010Listing removed$19,900$10/sqft
    Source: DeBartolo Realty PC #759808 Report a problem
    2/25/2010Price change$19,900-33.4%$10/sqft
    Source: DeBartolo Realty PC #759808 Report a problem
    9/26/2009Listed for sale$29,900+10.7%$15/sqft
    Source: DeBartolo Realty PC #759808 Report a problem
    6/20/2007Sold$27,000-71.6%$13/sqft
    Source: Public Record Report a problem
    7/3/2006Sold$95,000-17.4%$47/sqft
    Source: Public Record Report a problem
    8/31/2005Sold$115,000$57/sqft
    Source: Public Record Report a problem
    5/26/2005Sold$115,000+76.9%$57/sqft
    Source: Public Record Report a problem
    7/30/2003Sold$65,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,330 $93,200 +7.9%
    2024-- $86,400 +49%
    2021$1,932 $58,000 +17.2%
    2020$1,932 +16.9%$49,500 +18.1%
    2019$1,653 $41,900 +18.7%
    2018-- $35,300 +18.9%
    2017$885 $29,700 +13.4%
    2016$885 $26,200
    2015$885 +7.5%$26,200 +8.3%
    2013$823 $24,200 -18%
    2011-- $29,500 -13.2%
    2010-- $34,000 -6.8%
    2009-- $36,500 -28.8%
    2007-- $51,300 +4.1%
    2006-- $49,257 +3.7%
    2005-- $47,500 +20.3%
    2004-- $39,487 +75.8%
    2002-- $22,463 +3.2%
    2001-- $21,767
    Find assessor info on the county website

    Neighborhood: 49507

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $265,000
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    Estimated market value
    $265,000