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  • $295,000

    312 Palmer St NE, Grand Rapids, MI 49505

    2beds
    2baths
    1,658sqft
    2 to 4 Units
    Built in 1910
    -- sqft lot
    $306,700 Zestimate®
    $178/sqft
    $1,828 Estimated rent

    Home value

    $306,700

    $282,000 - $331,000

    $1,828/mo

    Zestimate® history
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    $1,828/mo

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    $1,873/mo

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    What's special

    Welcome to 312-314 Palmer NE! Turn key 2 unit investment property in NE Grand Rapids is perfect for an owner occupant. Up / Down 1 bedroom apartments with their own driveways and parking spaces. Downstairs is a spacious 1 bedroom apartment with nearly 1,000 square feet of living space. Large living room with formal dining room and updated kitchen. Direct access to mudroom and large private fenced back yard. Upstairs is a vacant 1 or 2 bedroom that was just remodeled! Upper unit has access to a large attic for storage / additional future living space as well as a small balcony. Walking distance to City High, Kent County Club, Palmer School, Frosty Boy, Lucy's, Gaia, and Creston Brewing! Many shops and parks nearby make this a desirable place to live and easy to rent!

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel K Steffee 616-490-4977,

    Green Crown Real Estate LLC

    Bought with:

    Eva L Korte

    Coldwell Banker Schmidt Realtors

    Source: MichRIC,MLS#: 25002700MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 1,658 sqft

    Property

    Parking
    • Total spaces: 3
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 61 x 115
    Details
    • Parcel number: 411418180004
    • Zoning description: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    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

    HOA
    • Amenities included: Laundry
    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $72,982
    • Annual tax amount: $3,784
    • Date on market: 1/23/2025
    • Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/3/2025Listing removed$1,175$1/sqft
    Source: Zillow Rentals Report a problem
    6/25/2025Price change$1,175-6%$1/sqft
    Source: Zillow Rentals Report a problem
    6/16/2025Price change$1,250-3.8%$1/sqft
    Source: Zillow Rentals Report a problem
    6/3/2025Price change$1,299-3.8%$1/sqft
    Source: Zillow Rentals Report a problem
    4/2/2025Listed for rent$1,350$1/sqft
    Source: Zillow Rentals Report a problem
    3/5/2025Sold$295,000-4.8%$178/sqft
    Source: MichRIC #25002700 Report a problem
    2/5/2025Pending sale$309,900$187/sqft
    Source: MichRIC #25002700 Report a problem
    1/23/2025Listed for sale$309,900+84.5%$187/sqft
    Source: MichRIC #25002700 Report a problem
    1/10/2019Sold$168,000+137%$101/sqft
    Source: Public Record Report a problem
    10/30/2017Sold$70,900$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,785 $123,500 +20.5%
    2024-- $102,500 +45.4%
    2021$1,918 $70,500 +11.6%
    2020$1,918 +30.3%$63,200 +19.9%
    2019$1,472 $52,700 +24.6%
    2018-- $42,300 +19.2%
    2017$2,144 $35,500 +7.3%
    2016$2,144 $33,100
    2015$2,144 +26.7%$33,100 -10.1%
    2013$1,692 $36,800 -17.9%
    2011-- $44,800 -6.5%
    2010-- $47,900 -2.8%
    2009-- $49,300 -12.9%
    2007-- $56,600 +8.1%
    2006-- $52,380 +3.7%
    2005-- $50,512 +3.3%
    2004-- $48,899 +43.5%
    2002-- $34,075 +3.2%
    2001-- $33,019
    Find assessor info on the county website

    Neighborhood: Creston

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $306,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $306,700