Sold

Zestimate^®

$640,000

1238 Northfield Ave NE, Grand Rapids, MI 49505

8beds

4baths

4,524sqft

2 to 4 Units

Built in 1961

-- sqft lot

$640,000 Zestimate^®

$141/sqft

$1,375 Estimated rent

Home value

$640,000

$608,000 - $672,000

$1,375/mo

Zestimate^® history

Owner options

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$1,375/mo

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$1,375/mo

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$4,051/mo

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$4,051/mo

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What's special

Exceptional investment opportunity at 1238 Northfield NE in the heart of Grand Rapids. This solid brick 4-unit Townhouse can be fully rented for strong cash flow or owner-occupied while generating rental income from the remaining units. Seller is offering five separate 4-unit buildings , a total of 20 units (1258, 1336, 1238 , 1239, 1226 Northfield NE) available individually or as a package portfolio purchase. Conveniently located near Medical Mile and all the exciting new downtown Grand Rapids developments, this property offers both stability and long-term growth potential. Every unit also includes its own rear carport parking space. Each units has its own furnace and water heater. A rare opportunity to own a well-built multifamily property in a rapidly growing area. Each units condition may varies. Exterior has been freshly painted , enhancing curb appeal. Seller is a licensed real estate broker in the State of Michigan.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air

Cooling

None

Appliances

Laundry: In Basement

Features

Basement: Full

Interior area

Total interior livable area: 4,524 sqft

Property

Parking

Total spaces: 4
Parking features: Asphalt, Driveway, Concrete, Paved

Lot

Size: 0.28 Acres
Dimensions: 109 x 111
Features: Level, Sidewalk

Details

Parcel number: 411417352026
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Aluminum Siding, Brick
Roof: Rubber

Condition

New construction: No
Year built: 1961

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $141/sqft
Tax assessed value: $166,024
Annual tax amount: $8,347
Date on market: 5/26/2026
Listing terms: VA Loan,FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
7/2/2026	Sold	$640,000-1.4%$141/sqft
Source: MichRIC #26024809 Report a problem
6/16/2026	Pending sale	$649,000$143/sqft
Source: MichRIC #26024809 Report a problem
5/26/2026	Listed for sale	$649,000+23.6%$143/sqft
Source: MichRIC #26024809 Report a problem
11/20/2023	Sold	$525,000$116/sqft
Source: Public Record Report a problem
10/5/2023	Pending sale	$525,000$116/sqft
Source: MichRIC #23136899 Report a problem
10/4/2023	Listed for sale	$525,000+162.5%$116/sqft
Source: MichRIC #23136899 Report a problem
9/1/2018	Listing removed	$990
Source: BOB SCHARF REAL ESTATE Report a problem
8/31/2018	Sold	$200,000$44/sqft
Source: Public Record Report a problem
8/8/2018	Price change	$990-1%
Source: BOB SCHARF REAL ESTATE Report a problem
6/6/2018	Listed for rent	$1,000
Source: BOB SCHARF REAL ESTATE Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,131	$215,300 +37.3%
2024	--	$156,800 +23.8%
2021	$5,368	$126,700
2020	$5,368 +17.9%	$126,700 +25.9%
2019	$4,554	$100,600 +5.6%
2018	--	$95,300 +10.3%
2017	$4,464	$86,400 +3.8%
2016	$4,464	$83,200
2015	$4,464 +5%	$83,200 +14.6%
2013	$4,253	$72,600 -2.4%
2011	--	$74,400 -11.5%
2010	--	$84,100 -11.6%
2009	--	$95,100 +0.1%
2007	--	$95,000 -19.6%
2006	--	$118,110 +3.7%
2005	--	$113,896 +3.3%
2004	--	$110,258 +6.2%
2002	--	$103,800 +34%
2001	--	$77,491