Sold

$270,000

1551 Broadway Ave NW, Grand Rapids, MI 49504

6beds

2baths

2,010sqft

2 to 4 Units

Built in 1920

-- sqft lot

$317,600 Zestimate^®

$134/sqft

$1,747 Estimated rent

Home value

$317,600

$299,000 - $337,000

$1,747/mo

Zestimate^® history

Owner options

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$1,747/mo

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$1,747/mo

Rent Zestimate^®

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$1,715/mo

Est. payment

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$1,715/mo

Est. payment

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What's special

Great cash flowing duplex. Both units are 3 bedrooms, 1 full bathroom with large kitchens and living areas. Shared basement access for laundry and off-street parking with a garage. Property has extra side lot so the yard is extra large and fenced. One unit is vacant and currently rented for $1,250 under a lease. Electric is split between units. Don't miss this one!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2

Heating

Forced Air

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 2,010 sqft

Property

Parking

Total spaces: 4

Lot

Size: 7,405 Square Feet
Dimensions: 63 x 115

Details

Parcel number: 411313328024
Zoning description: Multi

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Other
Roof: Composition

Condition

New construction: No
Year built: 1920

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $134/sqft
Tax assessed value: $90,881
Annual tax amount: $4,505
Date on market: 6/28/2024
Listing terms: Cash,Conventional
Tenant pays: Electricity
Electric utility on property: Yes

Price history

Date	Event	Price
9/6/2024	Sold	$270,000$134/sqft
Source: MichRIC #24033140 Report a problem
7/15/2024	Pending sale	$270,000$134/sqft
Source: MichRIC #24033140 Report a problem
7/11/2024	Price change	$270,000-3.6%$134/sqft
Source: MichRIC #24033140 Report a problem
6/28/2024	Listed for sale	$280,000+24.4%$139/sqft
Source: MichRIC #24033140 Report a problem
10/5/2020	Sold	$225,000-5.9%$112/sqft
Source: Public Record Report a problem
8/28/2020	Pending sale	$239,000$119/sqft
Source: Keller Williams GR North #20022119 Report a problem
6/16/2020	Listed for sale	$239,000+71.9%$119/sqft
Source: Keller Williams GR North #20022119 Report a problem
6/12/2018	Sold	$139,000-13.1%$69/sqft
Source: Public Record Report a problem
3/28/2018	Listed for sale	$159,900+34.9%$80/sqft
Source: Compass Realty Services #18011800 Report a problem
12/22/2015	Sold	$118,500-1.2%$59/sqft
Source: Public Record Report a problem
9/28/2015	Listed for sale	$119,900$60/sqft
Source: Keller Williams Realty Rivertown Report a problem
8/9/2015	Listing removed	$119,900$60/sqft
Source: Keller Williams - Grand Rapids East #15037911 Report a problem
7/16/2015	Listed for sale	$119,900$60/sqft
Source: Keller Williams Realty Rivertown #15037911 Report a problem
5/29/2015	Listing removed	$1,165$1/sqft
Source: C J Mac Enterprises/LLC Report a problem
5/12/2015	Listed for rent	$1,165+2.6%$1/sqft
Source: C J Mac Enterprises/LLC Report a problem
12/20/2014	Listing removed	$1,135$1/sqft
Source: C J Mac Enterprises/LLC Report a problem
7/31/2014	Listed for rent	$1,135$1/sqft
Source: C J Mac Enterprises/LLC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,713	$128,400 +8.1%
2024	--	$118,800 +48.9%
2021	$2,967	$79,800 +13.8%
2020	$2,967 +43.5%	$70,100 +26.1%
2019	$2,068	$55,600 +20.6%
2018	--	$46,100 +21.6%
2017	$2,027	$37,900 +10.2%
2016	$2,027	$34,400
2015	$2,027 +27.2%	$34,400 +13.9%
2013	$1,594	$30,200 -31.5%
2011	--	$44,100 -18.5%
2010	--	$54,100 -5.4%
2009	--	$57,200 +3.6%
2007	--	$55,200 +58.4%
2006	--	$34,852 +3.7%
2005	--	$33,609 +3.3%
2004	--	$32,536 +6.2%
2002	--	$30,631 +3.2%
2001	--	$29,682