OFFERS RECEIVED, seller has called for highest and best. All offers due at NOON on THURSDAY 5/30. Great investment opportunity located in a very desirable high rent district. Property needs rehabbing but will earn you instant equity. Close to Downtown GVSU campus, bus lines, shopping, bars and more. Each unit has 2 beds and 1 bath with separate utilities - attractive income property after some updating and cleaning. Seller makes no warranties or representations. All title work and closing to be through Adventus Title ( Sun Title) Seller is a 501 C3. 24 hours needed for seller to respond to any offers.
Sold
$229,900
159 National Ave NW, Grand Rapids, MI 49504
4beds
2baths
1,315sqft
2 to 4 Units
Built in 1870
-- sqft lot
$276,800 Zestimate®
$175/sqft
$1,575 Estimated rent
Home value
$276,800
$255,000 - $299,000
$1,575/mo
Zestimate® history
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$1,536/mo
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Zillow last checked:
Listing updated:
Listed by:
Ryan Ogle 616-901-4541,
EXP Realty (Grand Rapids)
Bought with:
Monica Arguijo, 6501449584
Keller Williams Realty Rivertown
Source: MichRIC,MLS#: 24026133
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 1,315 sqft
Property
Parking
- Total spaces: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 34 x 77
- Features: Level, Sidewalk, Corner Lot
Details
- Parcel number: 411325151012
- Zoning description: RES-IMP
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $37,296
- Annual tax amount: $1,941
- Date on market: 5/24/2024
- Listing terms: Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2024 | Sold | $229,900$175/sqft |
Source:  MichRIC #24026133 Report a problem | ||
| 5/31/2024 | Pending sale | $229,900$175/sqft |
Source: MichRIC #24026133 Report a problem | ||
| 5/24/2024 | Listed for sale | $229,900+410.9%$175/sqft |
Source: MichRIC #24026133 Report a problem | ||
| 10/26/2017 | Listing removed | $750$1/sqft |
Source: Blue Bay Capital LLC Report a problem | ||
| 9/28/2017 | Listed for rent | $750$1/sqft |
Source: Blue Bay Capital LLC Report a problem | ||
| 6/4/2015 | Sold | $45,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,031 | $97,200 +12.1% |
| 2024 | -- | $86,700 +50.5% |
| 2021 | $1,776 | $57,600 +13.2% |
| 2020 | $1,776 +3.2% | $50,900 +27.3% |
| 2019 | $1,722 | $40,000 +23.1% |
| 2018 | -- | $32,500 +15.2% |
| 2017 | $1,509 | $28,200 +11% |
| 2016 | $1,509 | $25,400 |
| 2015 | $1,509 +16.2% | $25,400 +15.5% |
| 2013 | $1,298 | $22,000 -31.7% |
| 2011 | -- | $32,200 -6.9% |
| 2010 | -- | $34,600 -12% |
| 2009 | -- | $39,300 -15.7% |
| 2007 | -- | $46,600 +83.9% |
| 2006 | -- | $25,339 +3.7% |
| 2005 | -- | $24,435 +3.3% |
| 2004 | -- | $23,655 +6.2% |
| 2002 | -- | $22,271 +3.2% |
| 2001 | -- | $21,581 |
Find assessor info on the county website
Neighborhood: Southwest
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Nearby schools
GreatSchools rating
- 4/10Sibley SchoolGrades: PK-5Distance: 0.2 mi
- 8/10John Ball Park Zoo SchoolGrades: 6Distance: 0.9 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 1.3 mi
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Estimated market value
$276,800
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
$276,800
- Michigan
- Kent County
- Grand Rapids
- 49504
- Southwest
- 159 National Ave NW
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