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  • $290,000

    1559 Forrest Ave NE, Grand Rapids, MI 49505

    7beds
    2baths
    2,625sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $110/sqft
    $1,562 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,562/mo

    Zestimate® history
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    What's special

    Excellent Investment or Owner-Occupant Opportunity in Creston Heights! This well-located duplex offers an outstanding opportunity for both investors and owner-occupants. Situated in the desirable Creston Heights neighborhood, it's adjacent to the city high/middle school and just one block from Café Mamo, Lucy's and Quinn & Tuite's Irish Pub, and several other popular restaurants and amenities. Unit 1: 3 bedrooms, 1 full bathroom - currently vacant and previously rented for $1,495/month, making it ideal for owner occupancy or immediate leasing.Unit 2: 4 bedrooms, 1 full bathroom - currently leased through the end of August at $1,695/month. Recent updates include a new furnace in Unit 2 and a new hot water heater in Unit 1, providing added value and peace of mind. Whether you're looking to live in one unit while generating rental income from the other or add a solid property to your investment portfolio, this duplex is a fantastic opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Barbara Glashouwer 616-307-1114,

    Novosad Realty Partners

    Bought with:

    Steven Volkers, 6502426272

    Five Star Real Estate (M6)

    Source: MichRIC,MLS#: 26030149MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: Gas Dryer Hookup, Washer Hookup
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,625 sqft

    Property

    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 50 x 100
    Details
    • Parcel number: 411418329030
    • Zoning description: Multi Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $110/sqft
    • Tax assessed value: $90,645
    • Annual tax amount: $4,800
    • Date on market: 6/18/2026
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/14/2026Sold$290,000+0%$110/sqft
    Source: MichRIC #26030149 Report a problem
    6/22/2026Pending sale$289,900$110/sqft
    Source: MichRIC #26030149 Report a problem
    6/18/2026Listed for sale$289,900+59.3%$110/sqft
    Source: MichRIC #26030149 Report a problem
    2/10/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    2/5/2022Listed for rent$1,395$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    2/17/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    1/24/2021Listed for rent$1,395+32.9%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    7/8/2020Sold$182,000+264%$69/sqft
    Source: Public Record Report a problem
    1/15/2018Listing removed$1,050
    Source: Urban Pharm Report a problem
    11/9/2017Price change$1,050-4.1%
    Source: Urban Pharm Report a problem
    10/25/2017Price change$1,095-2.7%
    Source: Urban Pharm Report a problem
    8/23/2017Price change$1,125-2.2%
    Source: Urban Pharm Report a problem
    7/24/2017Listed for rent$1,150+41.1%
    Source: Urban Pharm Report a problem
    2/17/2015Listing removed$815
    Source: Urban Pharm Report a problem
    2/12/2015Listed for rent$815
    Source: Urban Pharm Report a problem
    5/9/2012Sold$50,000$19/sqft
    Source: Public Record Report a problem
    11/6/2007Sold$50,000-52.7%$19/sqft
    Source: Public Record Report a problem
    8/2/2006Sold$105,693$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,559 $137,400 +11.4%
    2024-- $123,300 +59.7%
    2021$2,610 $77,200 +15.9%
    2020$2,610 +3.2%$66,600 +5.9%
    2019$2,530 $62,900 +6.3%
    2018-- $59,200 +17.5%
    2017$2,480 $50,400 +2.6%
    2016$2,480 $49,100
    2015$2,480 +1.3%$49,100 -2.8%
    2013$2,448 $50,500 -15.7%
    2011-- $59,900 -5.2%
    2010-- $63,200 -11.6%
    2009-- $71,500 +28.8%
    2007-- $55,500 +11.5%
    2006-- $49,773 +3.7%
    2005-- $47,998 +3.3%
    2004-- $46,465
    Find assessor info on the county website

    Neighborhood: Creston

    Nearby schools

    GreatSchools rating
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