This duplex is conveniently situated near Grand Valley's downtown campus and within close proximity to retail outlets and the vibrant Bridge Street entertainment district. Both units are in high demand with long-term tenants, making them easy to rent out. Rare opportunities like this don't come around often. Each unit has been recently updated, including bathroom and kitchen renovations. Each unit is 2 bedrooms and 1 bath. There are separate utilities as well! This is a great investment opportunity for savvy buyers. Serious inquiries only! Tenant rights apply.
Sold
$268,000
157 Lexington Ave NW, Grand Rapids, MI 49504
4beds
2baths
2,000sqft
2 to 4 Units
Built in 1895
-- sqft lot
$276,900 Zestimate®
$134/sqft
$1,357 Estimated rent
Home value
$276,900
$255,000 - $299,000
$1,357/mo
Zestimate® history
Owner options
List your home for rent
$1,357/mo
Rent Zestimate®
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$1,357/mo
Rent Zestimate®
Refinance and save
$1,702/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,702/mo
Est. payment
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Bathroom and kitchen renovations
Zillow last checked:
Listing updated:
Listed by:
Angela J Worth 616-299-3953,
Bellabay Realty (North)
Bought with:
Connor Anderson, 6506049133
Keller Williams GR East
Source: MichRIC,MLS#: 25005485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Unit
Features
- Basement: Full
Interior area
- Total interior livable area: 2,000 sqft
Property
Lot
- Size: 2,178 Square Feet
- Dimensions: 33 x 66
- Features: Sidewalk
Details
- Parcel number: 411325153014
- Zoning description: NA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1895
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: $134/sqft
- Tax assessed value: $71,857
- Annual tax amount: $3,614
- Date on market: 2/13/2025
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2025 | Sold | $268,000-2.5%$134/sqft |
Source:  MichRIC #25005485 Report a problem | ||
| 2/24/2025 | Pending sale | $275,000$138/sqft |
Source: MichRIC #25005485 Report a problem | ||
| 2/13/2025 | Listed for sale | $275,000+44.7%$138/sqft |
Source: MichRIC #25005485 Report a problem | ||
| 8/20/2020 | Sold | $190,000-5%$95/sqft |
Source: Public Record Report a problem | ||
| 7/17/2020 | Pending sale | $199,900$100/sqft |
Source: Compass Realty Services #20020690 Report a problem | ||
| 6/29/2020 | Listed for sale | $199,900$100/sqft |
Source: Compass Realty Services #20020690 Report a problem | ||
| 6/11/2020 | Pending sale | $199,900$100/sqft |
Source: Compass Realty Services #20020690 Report a problem | ||
| 6/8/2020 | Listed for sale | $199,900+732.9%$100/sqft |
Source: Compass Realty Services #20020690 Report a problem | ||
| 8/3/2012 | Sold | $24,000-12.7%$12/sqft |
Source: Public Record Report a problem | ||
| 2/4/2012 | Listing removed | $27,500$14/sqft |
Source: Homepath #12004905 Report a problem | ||
| 1/25/2012 | Price change | $27,500+98.2%$14/sqft |
Source: Homepath #12004905 Report a problem | ||
| 1/21/2012 | Listed for sale | -- |
Source: Homepath #12004905 Report a problem | ||
| 9/1/2011 | Sold | $13,877$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,614 | $102,400 +11.4% |
| 2024 | -- | $91,900 +50.2% |
| 2021 | $1,181 | $61,200 +13.3% |
| 2020 | $1,181 +3.2% | $54,000 +27.4% |
| 2019 | $1,145 | $42,400 +26.2% |
| 2018 | -- | $33,600 +30.7% |
| 2017 | $1,123 | $25,700 +10.8% |
| 2016 | $1,123 | $23,200 |
| 2015 | $1,123 +30.5% | $23,200 +7.9% |
| 2013 | $861 | $21,500 -30.4% |
| 2011 | -- | $30,900 -6.6% |
| 2010 | -- | $33,100 -12% |
| 2009 | -- | $37,600 +4.2% |
| 2007 | -- | $36,100 +84.2% |
| 2006 | -- | $19,599 +3.7% |
| 2005 | -- | $18,900 +3.3% |
| 2004 | -- | $18,297 +6.2% |
| 2002 | -- | $17,226 +3.2% |
| 2001 | -- | $16,692 |
Find assessor info on the county website
Neighborhood: Southwest
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Nearby schools
GreatSchools rating
- 4/10Sibley SchoolGrades: PK-5Distance: 0.3 mi
- 8/10John Ball Park Zoo SchoolGrades: 6Distance: 1 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 1.2 mi
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Estimated market value
$276,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$276,900
- Michigan
- Kent County
- Grand Rapids
- 49504
- Southwest
- 157 Lexington Ave NW
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