Sold

$217,000

1899 Palace Ave SW, Grand Rapids, MI 49507

3beds

2baths

1,881sqft

2 to 4 Units

Built in 1895

-- sqft lot

$224,100 Zestimate^®

$115/sqft

$1,411 Estimated rent

Home value

$224,100

$208,000 - $240,000

$1,411/mo

Zestimate^® history

Owner options

List your home for rent

$1,411/mo

Rent Zestimate^®

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$1,411/mo

Rent Zestimate^®

Refinance and save

$1,445/mo

Est. payment

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$1,445/mo

Est. payment

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What's special

Replacement windowsNew furnace

Investment Opportunity! Lower unit vacant allowing for an owner occupant house hack or great as an investment. Lower unit 2 bedroom upper a 1 bedroom. The upper is rented to Community Rebuilders with a long term tenant for $1175.00!!!! The lease is valid until 05/31/2026 Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air

Cooling

None

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 1,881 sqft

Property

Parking

Total spaces: 2

Lot

Size: 5,227 Square Feet
Dimensions: 40*131
Features: Level, Sidewalk

Details

Parcel number: 411701452051
Zoning description: residential

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1895

Utilities & green energy

Sewer: Public Sewer, Storm 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: $115/sqft
Tax assessed value: $36,346
Annual tax amount: $3,551
Date on market: 7/14/2025
Listing terms: FHA,Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
9/29/2025	Sold	$217,000-1.3%$115/sqft
Source: MichRIC #25034484 Report a problem
7/28/2025	Pending sale	$219,900$117/sqft
Source: MichRIC #25034484 Report a problem
7/14/2025	Listed for sale	$219,900$117/sqft
Source: MichRIC #25034484 Report a problem
12/13/2024	Listing removed	$219,900$117/sqft
Source: MichRIC #24041905 Report a problem
11/22/2024	Price change	$219,900-3.5%$117/sqft
Source: MichRIC #24041905 Report a problem
9/17/2024	Price change	$227,900-3%$121/sqft
Source: MichRIC #24041905 Report a problem
8/12/2024	Listed for sale	$234,900+18.3%$125/sqft
Source: MichRIC #24041905 Report a problem
8/21/2023	Sold	$198,500+4.5%$106/sqft
Source: Public Record Report a problem
7/3/2023	Pending sale	$189,900$101/sqft
Source: MichRIC #23022166 Report a problem
6/24/2023	Listed for sale	$189,900+72.6%$101/sqft
Source: MichRIC #23022166 Report a problem
12/10/2019	Sold	$110,000+0.1%$58/sqft
Source: Public Record Report a problem
10/2/2019	Listed for sale	$109,900+119.8%$58/sqft
Source: DeBartolo Realty #19048219 Report a problem
4/26/2016	Sold	$50,000-8.9%$27/sqft
Source: Public Record Report a problem
2/29/2016	Pending sale	$54,900$29/sqft
Source: Michigan Regional Information Center, LLC #15057189 Report a problem
1/27/2016	Price change	$54,900-8.3%$29/sqft
Source: Michigan Regional Information Center, LLC #15057189 Report a problem
11/23/2015	Price change	$59,900-7.7%$32/sqft
Source: Michigan Regional Information Center, LLC #15057189 Report a problem
10/29/2015	Listed for sale	$64,900+898.5%$35/sqft
Source: Homes 28 #15057189 Report a problem
3/7/2012	Listing removed	$6,500$3/sqft
Source: REMAX of Grand Rapids Inc. #12009199 Report a problem
2/29/2012	Price change	$6,500-35%$3/sqft
Source: REMAX of Grand Rapids Inc. #12009199 Report a problem
2/19/2012	Listed for sale	$10,000-63%$5/sqft
Source: REMAX of Grand Rapids Inc. #12009199 Report a problem
1/4/2008	Sold	$27,000$14/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,433	$71,500 +8%
2024	--	$66,200 +62.3%
2021	$1,283	$40,800 +17.6%
2020	$1,283 +3.2%	$34,700 +19.2%
2019	$1,244	$29,100 +21.3%
2018	--	$24,000 +18.2%
2017	$971	$20,300 +12.2%
2016	$971	$18,100
2015	$971 +5%	$18,100 -7.7%
2013	$925	$19,600 -34.7%
2011	--	$30,000 -6.8%
2010	--	$32,200 -11.8%
2009	--	$36,500 +7.4%
2007	--	$34,000 +76%
2006	--	$19,318 +3.7%
2005	--	$18,629 +3.3%
2004	--	$18,034 +6.2%
2002	--	$16,979 +3.2%
2001	--	$16,453