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  • $335,000

    23 Burton St SW, Grand Rapids, MI 49507

    12beds
    4baths
    --sqft
    2 to 4 Units
    Built in 1905
    -- sqft lot
    $335,000 Zestimate®
    $--/sqft
    $1,747 Estimated rent

    Home value

    $335,000

    $318,000 - $352,000

    $1,747/mo

    Zestimate® history
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    What's special

    Four-unit investment property Excellent opportunity to own a fully occupied four-unit property with solid rental history and immediate income. This multi-family asset features long-term tenants on the first floor, providing stability and consistent cash flow from day one. The lower level includes two units: one spacious 3-bedroom, 1-bath and one 2-bedroom, 1-bath. The upper level offers additional value with a 2-bedroom, 1-bath unit featuring a private balcony, along with a larger 4-bedroom, 1-bath unit--also with its own balcony--ideal for maximizing rental income. The property includes off-street parking accessible from the alleyway.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rahel A Gebrekristos 616-485-2189,

    Urban Pharm, LLC,

    Jessica Rossell 616-666-9915,

    Urban Pharm, LLC

    Bought with:

    Javier Rodriguez, 6502394655

    Lake Michigan Realty Mgmt

    Source: MichRIC,MLS#: 26020646MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    Heating
    • Forced Air
    Appliances
    • Laundry: None
    Features
    • Basement: Full,Michigan Basement

    Property

    Parking
    • Total spaces: 4
    • Parking features: Unpaved
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 0.101
    Details
    • Parcel number: 411701480041
    • Zoning description: NA

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Aluminum Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Tax assessed value: $96,474
    • Annual tax amount: $4,850
    • Date on market: 5/7/2026
    • Listing terms: FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/27/2026Sold$335,000+1.7%
    Source: MichRIC #26020646 Report a problem
    5/21/2026Pending sale$329,500
    Source: MichRIC #26020646 Report a problem
    5/7/2026Listed for sale$329,500+93.8%
    Source: MichRIC #26020646 Report a problem
    10/29/2019Sold$170,000-2.9%
    Source: Public Record Report a problem
    9/14/2019Listed for sale$175,000
    Source: Compass Realty Services #19037459 Report a problem
    9/14/2019Pending sale$175,000
    Source: Compass Realty Services #19037459 Report a problem
    8/5/2019Listed for sale$175,000+30.6%
    Source: Compass Realty Services #19037459 Report a problem
    12/7/2017Sold$134,000-4.2%
    Source: Public Record Report a problem
    8/3/2017Listed for sale$139,900+508.3%
    Source: Compass Realty Services #17039064 Report a problem
    6/20/2012Sold$23,000+4.5%
    Source: Public Record Report a problem
    4/8/2012Price change$22,000-24.9%
    Source: KAZMA-HILTON REALTY D.B.A. REAL ESTATE ONE SUCCESS Report a problem
    3/17/2012Listed for sale$29,300-81.1%
    Source: KAZMA-HILTON REALTY D.B.A. REAL ESTATE ONE SUCCESS Report a problem
    11/9/2011Sold$155,321+135.3%
    Source: Public Record Report a problem
    10/7/2002Sold$66,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,725 $134,700 +2.9%
    2024-- $130,900 +43.1%
    2021$3,240 $91,500 +16%
    2020$3,240 +3.2%$78,900 +16.2%
    2019$3,141 $67,900 +14.5%
    2018-- $59,300 +34.2%
    2017$2,082 $44,200 +13.9%
    2016$2,082 $38,800
    2015$2,082 +5%$38,800 -2.3%
    2013$1,984 $39,700 -37.5%
    2011-- $63,500 -7.7%
    2010-- $68,800 -12%
    2009-- $78,200 +13.2%
    2007-- $69,100 +21.6%
    2006-- $56,835 +3.7%
    2005-- $54,808 +3.3%
    2004-- $53,058 +38.6%
    2002-- $38,287 +3.2%
    2001-- $37,100
    Find assessor info on the county website

    Neighborhood: Garfield Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $335,000
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    Estimated market value
    $335,000