Sold

$275,000

117 Deloney Ave SW, Grand Rapids, MI 49504

3beds

2baths

1,414sqft

2 to 4 Units

Built in 1870

-- sqft lot

$265,400 Zestimate^®

$194/sqft

$1,839 Estimated rent

Home value

$265,400

$252,000 - $279,000

$1,839/mo

Zestimate^® history

Owner options

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$1,839/mo

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$1,839/mo

Rent Zestimate^®

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$1,757/mo

Est. payment

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$1,757/mo

Est. payment

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What's special

Newer sidingVinyl replacement windows

Well-maintained 2-unit investment property located within close distance to GVSU's downtown business campus. Unit 1 features 2 bedrooms and 1 full bathroom with current rent at $1,100/month. Unit 2 offers 1 bedroom and 1 full bathroom with current rent at $1,200/month. Both leases run through 7/15/2026, providing immediate and stable rental income. The property is City Certified through 3/28/2028 and has several updates, including newer siding, vinyl replacement windows, and water heaters that are approximately four years old. One furnace is approximately 8 years old and the second is approximately 18 years old. Property has split electric and gas meters. Strong rental history, solid mechanicals, and a prime downtown location make this an attractive addition to any investment portfolio. Full inspection report available for buyer's convenience. To respect tenant privacy, showings are limited to Thursdays from 3-5 PM and Saturdays from 10 AM-1 PM.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air

Features

Basement: Full

Interior area

Total interior livable area: 1,414 sqft

Property

Parking

Total spaces: 2

Lot

Size: 0.95 Acres
Dimensions: 63 x 66

Details

Parcel number: 411326435015
Zoning description: n/a

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1870

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $194/sqft
Tax assessed value: $60,586
Annual tax amount: $3,127
Date on market: 2/10/2026
Listing terms: FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes

Price history

Date	Event	Price
5/18/2026	Sold	$275,000+0%$194/sqft
Source: MichRIC #26004741 Report a problem
3/21/2026	Pending sale	$274,900$194/sqft
Source: MichRIC #26004741 Report a problem
3/3/2026	Price change	$274,900-2.7%$194/sqft
Source: MichRIC #26004741 Report a problem
2/25/2026	Price change	$282,400-0.9%$200/sqft
Source: MichRIC #26004741 Report a problem
2/10/2026	Listed for sale	$284,900+41.7%$201/sqft
Source: MichRIC #26004741 Report a problem
4/27/2020	Sold	$201,000+673.1%$142/sqft
Source: Public Record Report a problem
6/17/2019	Listing removed	$850$1/sqft
Source: Narrow Road Ventures Inc. Report a problem
6/9/2019	Listed for rent	$850+6.9%$1/sqft
Source: Narrow Road Ventures Inc. Report a problem
6/25/2018	Listing removed	$795$1/sqft
Source: Owner Report a problem
6/22/2018	Listed for rent	$795$1/sqft
Source: Owner Report a problem
7/6/2017	Listing removed	$795$1/sqft
Source: Narrow Road Ventures Inc. Report a problem
6/21/2017	Listed for rent	$795$1/sqft
Source: Zillow Rental Manager Report a problem
5/3/2017	Listing removed	$795+2.6%$1/sqft
Source: Narrow Road Ventures Inc. Report a problem
4/6/2017	Listed for rent	$775+3.3%$1/sqft
Source: Narrow Road Ventures Inc. Report a problem
8/13/2016	Listing removed	$750+8.7%$1/sqft
Source: Owner Report a problem
8/17/2014	Listing removed	$690
Source: Owner Report a problem
8/15/2014	Price change	$690-4.8%
Source: Owner Report a problem
7/31/2014	Listed for rent	$725+7.4%$1/sqft
Source: Owner Report a problem
12/31/2013	Listing removed	$675
Source: Postlets Report a problem
12/19/2013	Price change	$675+3.8%
Source: Postlets Report a problem
12/7/2013	Listed for rent	$650
Source: Living Enterprise LLC Report a problem
10/8/2013	Sold	$26,000-25.7%$18/sqft
Source: Public Record Report a problem
8/20/2013	Price change	$35,000-29.9%$25/sqft
Source: Coldwell Banker Woodland-Schmidt #13045173 Report a problem
7/25/2013	Listed for sale	$49,900$35/sqft
Source: Coldwell Banker Woodland-Schmidt #13022872 Report a problem
6/8/2013	Listing removed	$49,900$35/sqft
Source: Coldwell Banker Woodland-Schmidt #13022872 Report a problem
4/27/2013	Listed for sale	$49,900+84.8%$35/sqft
Source: Coldwell Banker Schmidt REALTORS #13022872 Report a problem
2/8/2012	Listing removed	$27,000+20%$19/sqft
Source: EGGERDING INC., ARTHUR K. #11036279 Report a problem
1/24/2012	Sold	$22,500-66.9%$16/sqft
Source: Public Record Report a problem
8/15/2006	Sold	$67,979$48/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,047	$92,800 +17.6%
2024	--	$78,900 +52.9%
2021	$1,354	$51,600 +12.7%
2020	$1,354 +3.2%	$45,800 +24.5%
2019	$1,312	$36,800 +16.1%
2018	--	$31,700 +21.9%
2017	$1,286	$26,000 +0.4%
2016	$1,286	$25,900
2015	$1,286 +5%	$25,900 +12.1%
2013	$1,226	$23,100 -16.9%
2011	--	$27,800 -7.3%
2010	--	$30,000 -11%
2009	--	$33,700 -1.5%
2007	--	$34,200 -2%
2006	--	$34,900 +51.8%
2005	--	$22,986 +3.3%
2004	--	$22,252 +6.2%
2002	--	$20,949 +3.2%
2001	--	$20,300