129 Palmer St NE, Grand Rapids, MI 49505
What's special
Don't miss this updated duplex in Grand Rapids' desirable Creston neighborhood! Perfect for investors or owner-occupants, this property features numerous recent improvements, including a new furnace (2023), plus new kitchen countertops and new flooring throughout Unit 2. The duplex has also recently received its Certificate of Compliance and is transferrable to the new owner. Each unit offers separate electric panels, gas meters, heating systems, water heaters, and in-unit washers and dryers, making utility management easy. Ample off-street parking is available in the rear for tenants. With Unit 1's lease currently month to month there's an excellent opportunity for an owner-occupant or an investor looking to maximize rental potential.
- 47 days |
- 367 |
- 21 |
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Leanna Barker 616-430-9374,
Bellabay Realty LLC 616-871-9200
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Wall Furnace
Appliances
- Laundry: In Basement, In Unit, See Remarks
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 1,250 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 6,534 Square Feet
- Dimensions: 49 x 132
Details
- Parcel number: 411418152020
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1920
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: $247/sqft
- Tax assessed value: $91,150
- Annual tax amount: $4,707
- Date on market: 7/10/2026
- Listing terms: VA Loan,FHA,Cash,2nd Mortgage,Conventional
- Tenant pays: Electricity, Sewer, Gas
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Listed for sale | $309,000$247/sqft |
Source:  MichRIC #26035145 Report a problem | ||
| 7/10/2026 | Listing removed | $309,000$247/sqft |
Source: MichRIC #26032094 Report a problem | ||
| 6/26/2026 | Listed for sale | $309,000+38.3%$247/sqft |
Source: MichRIC #26032094 Report a problem | ||
| 3/18/2022 | Sold | $223,500+81.9%$179/sqft |
Source: Public Record Report a problem | ||
| 5/15/2017 | Sold | $122,900$98/sqft |
Source: MichRIC #17011326 Report a problem | ||
| 3/21/2017 | Listed for sale | $122,900+227.7%$98/sqft |
Source: Lighthouse Property Management #17011326 Report a problem | ||
| 9/4/2008 | Sold | $37,500-61.4%$30/sqft |
Source: Public Record Report a problem | ||
| 7/11/2007 | Sold | $97,064+1.5%$78/sqft |
Source: Public Record Report a problem | ||
| 11/6/2006 | Sold | $95,600+276.4%$76/sqft |
Source: Public Record Report a problem | ||
| 4/26/2001 | Sold | $25,400$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,585 | $116,800 +20.3% |
| 2024 | -- | $97,100 +45.1% |
| 2021 | $2,060 | $66,900 +11.7% |
| 2020 | $2,060 +3.2% | $59,900 +19.8% |
| 2019 | $1,997 | $50,000 +32.6% |
| 2018 | -- | $37,700 +41.7% |
| 2017 | $1,314 | $26,600 +8.6% |
| 2016 | $1,314 | $24,500 |
| 2015 | $1,314 +4.9% | $24,500 -12.2% |
| 2013 | $1,252 | $27,900 -14.7% |
| 2011 | -- | $32,700 -7.1% |
| 2010 | -- | $35,200 -8.8% |
| 2009 | -- | $38,600 -23% |
| 2007 | -- | $50,100 -3.1% |
| 2006 | -- | $51,700 +32.4% |
| 2005 | -- | $39,062 +3.3% |
| 2004 | -- | $37,815 +6.2% |
| 2002 | -- | $35,600 +33.2% |
| 2001 | -- | $26,717 |
Find assessor info on the county website
Monthly payment
Estimated market value
$302,100
$287,000 - $317,000
$1,690/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.