Pending

$259,900

316 Lane Ave SW, Grand Rapids, MI 49504

4beds

2baths

1,714sqft

$1,936/mo

Get pre-qualified

2 to 4 Units

Built in 1920

-- sqft lot

$251,900 Zestimate^®

$152/sqft

$-- HOA

What's special

This multi-unit property in Grand Rapids offers an excellent investment opportunity for ownership. Built on a 3,800 square foot lot, the 2 to 4 unit structure provides flexibility for owner-occupancy with additional income potential. The compact footprint maximizes the usable land while maintaining practical spacing. Check out this unit with great lease income.

27 days
646
53

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air

Cooling

None

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 1,714 sqft

Property

Parking

Total spaces: 2

Lot

Size: 3,920 Square Feet
Dimensions: 40 x 095
Features: Level, Cul-De-Sac, Sidewalk

Details

Parcel number: 411326480004
Zoning description: RESIDENTIAL

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding, Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1920

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $152/sqft
Tax assessed value: $36,159
Annual tax amount: $1,817
Date on market: 9/22/2026
Listing terms: Cash,Conventional
Tenant pays: Electricity, Sewer, Gas
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$251,900

$239,000 - $264,000

$1,869/mo

Price history

Date	Event	Price
10/9/2026	Pending sale	$259,900$152/sqft
Source: MichRIC #26050343 Report a problem
9/22/2026	Listed for sale	$259,900+1055.1%$152/sqft
Source: MichRIC #26050343 Report a problem
4/8/2026	Listing removed	$1,100$1/sqft
Source: Zillow Rentals Report a problem
4/1/2026	Listed for rent	$1,100$1/sqft
Source: Zillow Rentals Report a problem
10/15/2025	Listing removed	$1,100$1/sqft
Source: Zillow Rentals Report a problem
10/2/2025	Price change	$1,100-4.3%$1/sqft
Source: Zillow Rentals Report a problem
8/26/2025	Listed for rent	$1,150+24.3%$1/sqft
Source: Zillow Rentals Report a problem
3/10/2023	Listing removed	--
Source: Zillow Rentals Report a problem
3/6/2023	Listed for rent	$925$1/sqft
Source: Zillow Rentals Report a problem
7/28/2019	Listing removed	$925$1/sqft
Source: Rental Property Consultants, LLC Report a problem
7/25/2019	Listed for rent	$925$1/sqft
Source: Rental Property Consultants, LLC Report a problem
6/19/2012	Sold	$22,500$13/sqft
Source: Public Record Report a problem
4/12/2012	Sold	$22,500-25%$13/sqft
Source: MichRIC #11059196 Report a problem
2/14/2012	Price change	$30,000-14.3%$18/sqft
Source: Bellabay Realty, LLC #11059196 Report a problem
11/5/2011	Listed for sale	$35,000$20/sqft
Source: Bellabay Realty, LLC #11059196 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$1,818 +2.7%	$115,500 +4.4%
2025	$1,771	$110,600 +14.1%
2024	--	$96,900 +50.9%
2021	$1,549	$64,200 +13.2%
2020	$1,549 +3.2%	$56,700 +28%
2019	$1,501	$44,300 +21.7%
2018	--	$36,400 +18.6%
2017	$1,472	$30,700 +2%
2016	$1,472	$30,100
2015	$1,472 +5%	$30,100 +13.2%
2013	$1,402	$26,600 -18.7%
2011	--	$32,700 -8.1%
2010	--	$35,600 -11.9%
2009	--	$40,400 -5.4%
2007	--	$42,700 +68.6%
2006	--	$25,320 +3.7%
2005	--	$24,417 +3.3%
2004	--	$23,637 +6.2%
2002	--	$22,254 +3.2%
2001	--	$21,564