Great investment opportunity in Grand Rapids! This opportunistic property is rare to find in today's market and awaiting new ownership! Lower unit is 3 bedrooms/1 bathroom bringing in 1700 per month. (month to month lease) Upper Unit is 2 Bedrooms/1 Bathroom bringing in 1350. (1 year lease) Fenced in yard for tenant privacy and plenty of parking space. 24hr showing notice is a must. Pre-approved/serious buyers only.
Sold
$285,000
1163 Prospect Ave SE, Grand Rapids, MI 49507
5beds
2baths
2,131sqft
2 to 4 Units
Built in 1890
-- sqft lot
$300,300 Zestimate®
$134/sqft
$1,526 Estimated rent
Home value
$300,300
$276,000 - $327,000
$1,526/mo
Zestimate® history
Owner options
List your home for rent
$1,526/mo
Rent Zestimate®
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$1,526/mo
Rent Zestimate®
Refinance and save
$1,790/mo
Est. payment
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$1,790/mo
Est. payment
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List your homeWhat's special
Fenced in yardPlenty of parking spaceLower unitUpper unit
Zillow last checked:
Listing updated:
Listed by:
Britton Curtiss 269-804-5710,
Bellabay Realty (SW)
Bought with:
Blake D Wilson, 6502431361
Real5
Source: MichRIC,MLS#: 24053059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Unit
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 2,131 sqft
Property
Parking
- Total spaces: 2
Lot
- Size: 2,178 Square Feet
Details
- Parcel number: 411431382033
- Zoning description: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $59,059
- Annual tax amount: $2,916
- Date on market: 10/8/2024
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Water, Gas
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $285,000-8.1%$134/sqft |
Source:  MichRIC #24053059 Report a problem | ||
| 11/15/2024 | Pending sale | $310,000$145/sqft |
Source: MichRIC #24053059 Report a problem | ||
| 11/11/2024 | Price change | $310,000+6.9%$145/sqft |
Source: MichRIC #24053059 Report a problem | ||
| 11/4/2024 | Price change | $290,000-6.5%$136/sqft |
Source: MichRIC #24053059 Report a problem | ||
| 10/8/2024 | Listed for sale | $310,000+63.2%$145/sqft |
Source: MichRIC #24053059 Report a problem | ||
| 11/8/2023 | Sold | $190,000-5%$89/sqft |
Source: Public Record Report a problem | ||
| 8/20/2023 | Pending sale | $200,000$94/sqft |
Source: MichRIC #23023760 Report a problem | ||
| 7/7/2023 | Listed for sale | $200,000-4.8%$94/sqft |
Source: MichRIC #23023760 Report a problem | ||
| 7/7/2023 | Listing removed | -- |
Source: MichRIC #23016354 Report a problem | ||
| 6/1/2023 | Price change | $210,000-4.5%$99/sqft |
Source: MichRIC #23016354 Report a problem | ||
| 5/18/2023 | Listed for sale | $220,000+109.5%$103/sqft |
Source: MichRIC #23016354 Report a problem | ||
| 12/2/2019 | Sold | $105,000-6.3%$49/sqft |
Source: Public Record Report a problem | ||
| 8/28/2019 | Listed for sale | $112,000-5.8%$53/sqft |
Source: City2Shore Real Estate Holland #19019879 Report a problem | ||
| 7/8/2019 | Listing removed | $118,900$56/sqft |
Source: City2Shore Real Estate Holland #19019879 Report a problem | ||
| 6/14/2019 | Price change | $118,900-4.8%$56/sqft |
Source: City2Shore Real Estate Holland #19019879 Report a problem | ||
| 5/20/2019 | Price change | $124,900+5%$59/sqft |
Source: City2Shore Real Estate Holland #19019879 Report a problem | ||
| 5/10/2019 | Listed for sale | $119,000+34.6%$56/sqft |
Source: City2Shore Real Estate Holland #19019879 Report a problem | ||
| 3/30/2017 | Sold | $88,400-11.5%$41/sqft |
Source: Public Record Report a problem | ||
| 3/10/2017 | Pending sale | $99,900$47/sqft |
Source: Keller Williams - Grand Rapids East #16055932 Report a problem | ||
| 11/7/2016 | Listed for sale | $99,900+122%$47/sqft |
Source: Keller Williams GR East #16055932 Report a problem | ||
| 4/1/2014 | Sold | $45,000-9.8%$21/sqft |
Source: Public Record Report a problem | ||
| 2/18/2014 | Price change | $49,900-9.1%$23/sqft |
Source: Prudential Preferred, REALTORS� #14002561 Report a problem | ||
| 1/15/2014 | Listed for sale | $54,900+10%$26/sqft |
Source: Prudential Preferred, REALTORS #14002561 Report a problem | ||
| 5/13/2003 | Sold | $49,900+73.3%$23/sqft |
Source: Public Record Report a problem | ||
| 3/3/2003 | Sold | $28,800$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,012 | $102,100 +8.8% |
| 2024 | -- | $93,800 +49.4% |
| 2021 | $2,038 | $62,800 +16.9% |
| 2020 | $2,038 +3.2% | $53,700 +19.6% |
| 2019 | $1,976 | $44,900 +20.4% |
| 2018 | -- | $37,300 +19.2% |
| 2017 | $1,481 | $31,300 +13.4% |
| 2016 | $1,481 | $27,600 |
| 2015 | $1,481 +4.9% | $27,600 +4.5% |
| 2013 | $1,411 | $26,400 -15.4% |
| 2011 | -- | $31,200 -8.5% |
| 2010 | -- | $34,100 -11.4% |
| 2009 | -- | $38,500 +79.9% |
| 2007 | -- | $21,400 +19.8% |
| 2006 | -- | $17,861 +3.7% |
| 2005 | -- | $17,224 +3.3% |
| 2004 | -- | $16,674 +26.3% |
| 2002 | -- | $13,200 +47.9% |
| 2001 | -- | $8,925 |
Find assessor info on the county website
Neighborhood: South East Community
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Nearby schools
GreatSchools rating
- 3/10Campus Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 0.9 mi
- 2/10Alger Middle SchoolGrades: 6-8Distance: 1.7 mi
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Estimated market value
$300,300
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
$300,300
- Michigan
- Kent County
- Grand Rapids
- 49507
- South East Community
- 1163 Prospect Ave SE
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