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Sold
    • $1,025,000

    21 Gay Ave SE, Grand Rapids, MI 49503

    8beds
    7baths
    5,233sqft
    5+ Units
    Built in 1910
    -- sqft lot
    $1,066,800 Zestimate®
    $196/sqft
    $1,377 Estimated rent

    Home value

    $1,066,800

    $992,000 - $1.14M

    $1,377/mo

    Zestimate® history
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    $1,377/mo

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    Rent Zestimate®

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    $6,432/mo

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    $6,432/mo

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    What's special

    Well-maintained unitsPlenty of off-street parkingNewer roof and mechanicalsFreshly-restored exteriorIncredible curb appealMove-in ready units
    Now offering this charming historic 6-unit located on arguably one of the best blocks in Heritage Hill. 6 fully-rented and well-maintained units. Amazing investment property or house-hacking opportunity. Units vary in size, character and detail. Decide which unit best fits your needs and become an owner-occupant OR increase rents to market rate and make this a home-run investment. Newer roof and mechanicals, freshly-restored exterior, move-in ready units. Plenty of off-street parking and incredible curb appeal. All units currently rented. Owner pays all utilities. Please review photos and floor plans in detail prior to requesting a showing. Call for more information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Ogle 616-901-4541,

    EXP Realty (Grand Rapids)

    Bought with:

    Brandon Tironi, 6501405663

    616 Realty LLC

    Source: MichRIC,MLS#: 24051825MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 5,233 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved
    Lot
    • Size: 10,454 Square Feet
    • Dimensions: 75 x 140
    • Features: Level, Sidewalk
    Details
    • Parcel number: 411430401002
    • Zoning description: COMM-IMP

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $196/sqft
    • Tax assessed value: $293,505
    • Annual tax amount: $15,957
    • Date on market: 10/2/2024
    • Listing terms: Cash
    • Tenant pays: None
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/30/2024Sold$1,025,000+2.5%$196/sqft
    Source: MichRIC #24051825 Report a problem
    10/6/2024Pending sale$1,000,000$191/sqft
    Source: MichRIC #24051825 Report a problem
    10/2/2024Listed for sale$1,000,000+53.8%$191/sqft
    Source: MichRIC #24051825 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    3/11/2020Sold$650,000$124/sqft
    Source: Public Record Report a problem
    3/2/2019Listing removed$800
    Source: Owner Report a problem
    2/2/2019Listed for rent$800-38.5%
    Source: Owner Report a problem
    10/28/2018Listing removed$1,300
    Source: Owner Report a problem
    10/21/2018Listed for rent$1,300-3.7%
    Source: Owner Report a problem
    8/25/2017Listing removed$1,350
    Source: Owner Report a problem
    8/5/2017Listed for rent$1,350+8%
    Source: Owner Report a problem
    4/14/2017Listing removed$1,250
    Source: Owner Report a problem
    2/27/2017Price change$1,250-3.8%
    Source: Owner Report a problem
    2/1/2017Listed for rent$1,300
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,982 $428,900 +5.5%
    2024-- $406,400 +50.2%
    2021$8,106 $270,600 +12.8%
    2020$8,106 +3.2%$239,900 +14.7%
    2019$7,858 $209,100 +9%
    2018-- $191,900 +16.4%
    2017$7,703 $164,900 +11.1%
    2016$7,703 $148,400
    2015$7,703 +5%$148,400 +5%
    2013$7,339 $141,300 +22.8%
    2004-- $115,036
    Find assessor info on the county website

    Neighborhood: Heritage Hill

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    Estimated market value
    $1,066,800
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    Estimated market value
    $1,066,800

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