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Sold
  • $320,000

    2355 Nelson Ave SE, Grand Rapids, MI 49507

    4beds
    4baths
    1,602sqft
    2 to 4 Units
    Built in 1955
    -- sqft lot
    $331,500 Zestimate®
    $200/sqft
    $1,686 Estimated rent

    Home value

    $331,500

    $305,000 - $358,000

    $1,686/mo

    Zestimate® history
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    $1,686/mo

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    $1,686/mo

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    $2,010/mo

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    $2,010/mo

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    What's special

    Fenced yardThree-season porch
    Great opportunity to own a duplex in the Alger Heights area. Currently owner occupied. This property has never been rented out, so the opportunities are endless. Live in one side and rent out the other. Unit 2 is much larger with a fireplace. This unit also has a three-season porch and was expanded at one point for added kitchen/dining space. This unit boasts 2 beds and 2 full baths. Renting out the other unit is the other option. Or rent out both units for passive income. Unit 1 consists of 2 bedrooms and 1 full bath and a shower in the basement. The home does have newer windows, fresh paint in both units and some updates. There's also a 2-stall garage and a fenced yard. Plus, there is a handicap ramp for unit 1. NOTE: Updated pics for unit 1 just posted.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Newberg 231-740-6775,

    Lake Homes Realty

    Bought with:

    Kirt Stevens, 6501393158

    Keller Williams GR North (Main)

    Source: MichRIC,MLS#: 25004783MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 1,602 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Concrete, Driveway
    Lot
    • Size: 0.35 Acres
    • Dimensions: 125 x 111 x 48 x 163 x 31
    Details
    • Parcel number: 411808257038

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1955

    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: $200/sqft
    • Tax assessed value: $59,885
    • Annual tax amount: $2,302
    • Date on market: 2/8/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: None
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/27/2025Sold$320,000-9.8%$200/sqft
    Source: MichRIC #25004783 Report a problem
    3/5/2025Pending sale$354,900$222/sqft
    Source: MichRIC #25004783 Report a problem
    2/20/2025Price change$354,900-1.4%$222/sqft
    Source: MichRIC #25004783 Report a problem
    2/8/2025Listed for sale$359,900$225/sqft
    Source: MichRIC #25004783 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,420 $139,700 +19.2%
    2024-- $117,200 +53.2%
    2021$2,133 $76,500 +14.9%
    2020$2,133 +3.4%$66,600 +11.4%
    2019$2,063 $59,800 +6.2%
    2018-- $56,300 +12.8%
    2017$2,028 $49,900 +3.7%
    2016$2,028 $48,100
    2015$2,028 +6.3%$48,100 -3%
    2013$1,908 $49,600 -27.4%
    2011-- $68,300 -1.4%
    2010-- $69,300 -11.3%
    2009-- $78,100 -0.3%
    2007-- $78,300 +10%
    2006-- $71,200 +3.7%
    2005-- $68,660 +3.3%
    2004-- $66,467 +25.8%
    2002-- $52,847 +3.2%
    2001-- $51,209
    Find assessor info on the county website

    Neighborhood: Alger Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $331,500
    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
    $331,500