Sold

$370,000

1523 Broadway Ave NW, Grand Rapids, MI 49504

6beds

4baths

2,496sqft

2 to 4 Units

Built in 1879

-- sqft lot

$379,900 Zestimate^®

$148/sqft

$1,757 Estimated rent

Home value

$379,900

$353,000 - $406,000

$1,757/mo

Zestimate^® history

Owner options

List your home for rent

$1,757/mo

Rent Zestimate^®

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$1,757/mo

Rent Zestimate^®

Refinance and save

$2,354/mo

Est. payment

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$2,354/mo

Est. payment

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What's special

Cash flow or owner occupant ready 4-unit multi-family in a growing NW neighborhood near Richmond and freeway access. Includes two 1-bedroom and two 2-bedroom units.Three units are currently rented, bringing in $2,540/month, with one unit still available to lease or for a buyer to move in! A solid investment opportunity that you won't want to miss!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Forced Air

Appliances

Laundry: None

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 2,496 sqft

Property

Parking

Total spaces: 2
Parking features: Unpaved

Lot

Size: 3,920 Square Feet
Dimensions: 38 x 115
Features: Level

Details

Parcel number: 411313328029
Zoning description: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1879

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $148/sqft
Tax assessed value: $48,392
Annual tax amount: $2,434
Date on market: 6/24/2025
Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
8/28/2025	Sold	$370,000-7.5%$148/sqft
Source: MichRIC #25030463 Report a problem
7/30/2025	Pending sale	$400,000$160/sqft
Source: MichRIC #25030463 Report a problem
6/24/2025	Listed for sale	$400,000+281%$160/sqft
Source: MichRIC #25030463 Report a problem
5/3/2018	Listing removed	$700
Source: XL Property Management LLC Report a problem
4/18/2018	Listed for rent	$700+7.7%
Source: XL Property Management LLC Report a problem
2/14/2018	Listing removed	$650
Source: XL Property Management LLC Report a problem
2/9/2018	Listed for rent	$650-7.1%
Source: XL Property Management LLC Report a problem
6/8/2017	Listing removed	$700
Source: XL Property Management LLC Report a problem
6/5/2017	Listed for rent	$700
Source: XL Property Management LLC Report a problem
2/7/2017	Listing removed	$700+27.3%
Source: XL Property Management LLC Report a problem
4/29/2014	Sold	$105,000-12.4%$42/sqft
Source: Public Record Report a problem
12/14/2013	Price change	$119,900-4%$48/sqft
Source: Solid Rock Real Estate LLC #13068639 Report a problem
11/17/2013	Listed for sale	$124,900+624.9%$50/sqft
Source: PILLAR REALTY, INC. #13065343 Report a problem
8/19/2013	Listing removed	$550
Source: Property Shoppe Report a problem
8/13/2013	Price change	$550+10%
Source: Property Shoppe Report a problem
6/21/2013	Listed for rent	$500-9.1%
Source: Property Shoppe Report a problem
2/8/2013	Listing removed	$550
Source: Property Shoppe Report a problem
12/4/2012	Price change	$550-8.3%
Source: Property Shoppe Report a problem
11/13/2012	Listed for rent	$600
Source: Property Shoppe Report a problem
12/12/2008	Sold	$17,231-78.9%$7/sqft
Source: Public Record Report a problem
1/31/2008	Sold	$81,600-29%$33/sqft
Source: Public Record Report a problem
2/22/2006	Sold	$115,000$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,434	$134,100 +11.4%
2024	--	$120,400 +63.1%
2021	$2,129	$73,800 +3.1%
2020	$2,129 +3.2%	$71,600 +24.5%
2019	$2,063	$57,500 +23.1%
2018	--	$46,700 +3.1%
2017	$2,023	$45,300 +20.2%
2016	$2,023	$37,700
2015	$2,023 +5%	$37,700 +45.6%
2013	$1,927	$25,900 -18.3%
2011	--	$31,700 -20.9%
2010	--	$40,100 -10.9%
2009	--	$45,000 +2.5%
2007	--	$43,900 -2%
2006	--	$44,800 +0.9%
2005	--	$44,400 +70.4%
2004	--	$26,053 +6.2%
2002	--	$24,529 +3.2%
2001	--	$23,769