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  • $210,000

    318 Diamond Ave SE, Grand Rapids, MI 49506

    5beds
    2baths
    1,900sqft
    2 to 4 Units
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $111/sqft
    $1,771 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,771/mo

    Zestimate® history
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    What's special

    Welcome to this 2-unit duplex right in the heart of East Hills. Lower unit has 3 bedrooms and 1 bathroom and upper unit has 2 bedrooms and 1 bathroom. This house has a ton of potential as an owner-occupied home or your next investment property. Both units currently vacant, lower was rented out at $1,600 M2M and upper was rented out at $1,300 M2M. Located just minutes from downtown and the Medical Mile, this property offers convenient access to Cherry Street, Wealthy Street, and Eastown dining, coffee shops, breweries, boutique shopping, and entertainment. Whether you are looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this location offers strong long-term appeal for both lifestyle and rental demand. ALL OFFERS ARE DUE BY SUNDAY 5/31 BY 6 PM

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacob Hills 616-898-2820,

    Smallegan Real Estate,

    Michael Smallegan,

    Smallegan Real Estate

    Bought with:

    Karla E Amaya-Leone, 6501380597

    Edison Brokers & Co LLC

    Source: MichRIC,MLS#: 26024806MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Laundry: Main Level, Upper Level
    Features
    • Basement: Michigan Basement
    Interior area
    • Total interior livable area: 1,900 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Concrete, Driveway
    Lot
    • Size: 3,484 Square Feet
    • Dimensions: 41 x 125
    • Features: Sidewalk
    Details
    • Parcel number: 411429379009
    • Zoning description: Res

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $111/sqft
    • Tax assessed value: $133,720
    • Annual tax amount: $4,500
    • Date on market: 5/28/2026
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/31/2026Sold$210,000-6.7%$111/sqft
    Source: MichRIC #26024806 Report a problem
    6/1/2026Pending sale$225,000$118/sqft
    Source: MichRIC #26024806 Report a problem
    5/28/2026Listed for sale$225,000-10%$118/sqft
    Source: MichRIC #26024806 Report a problem
    2/24/2026Listing removed$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    2/11/2026Listed for rent$1,600-11.1%$1/sqft
    Source: Zillow Rentals Report a problem
    1/1/2026Listing removed$250,000$132/sqft
    Source: MichRIC #25035941 Report a problem
    7/20/2025Listed for sale$250,000$132/sqft
    Source: MichRIC #25035941 Report a problem
    6/30/2025Pending sale$250,000$132/sqft
    Source: MichRIC #24051702 Report a problem
    6/28/2025Price change$250,000-9.1%$132/sqft
    Source: MichRIC #24051702 Report a problem
    5/8/2025Price change$275,000-8%$145/sqft
    Source: MichRIC #24051702 Report a problem
    11/11/2024Price change$299,000-8%$157/sqft
    Source: MichRIC #24051702 Report a problem
    10/1/2024Listed for sale$325,000+82.6%$171/sqft
    Source: MichRIC #24051702 Report a problem
    5/24/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/8/2022Listed for rent$1,800+227.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/14/2020Sold$178,000-4.8%$94/sqft
    Source: Public Record Report a problem
    11/17/2020Pending sale$187,000$98/sqft
    Source: Villegas Group #20037439 Report a problem
    9/25/2020Listed for sale$187,000$98/sqft
    Source: Villegas Group #20037439 Report a problem
    9/16/2020Pending sale$187,000$98/sqft
    Source: Villegas Group #20037439 Report a problem
    9/9/2020Listed for sale$187,000$98/sqft
    Source: Villegas Group #20037439 Report a problem
    7/2/2012Listing removed$550
    Source: a-l property Report a problem
    4/3/2012Listed for rent$550
    Source: a-l property Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,726 $146,100 +12.6%
    2024-- $129,700 +25.9%
    2021$1,594 $103,000 +5.6%
    2020$1,594 +3.2%$97,500 +13.4%
    2019$1,545 $86,000 +11.1%
    2018-- $77,400 +33.9%
    2017$1,515 $57,800 +9.1%
    2016$1,515 $53,000
    2015$1,515 +5%$53,000 +23%
    2013$1,443 $43,100 -9.5%
    2011-- $47,600 -1.7%
    2010-- $48,400 -0.6%
    2009-- $48,700 +8.2%
    2007-- $45,000 +87.3%
    2006-- $24,023 +3.7%
    2005-- $23,166 +3.3%
    2004-- $22,426 +6.2%
    2002-- $21,114 +3.2%
    2001-- $20,460
    Find assessor info on the county website

    Neighborhood: East Hills

    Nearby schools

    GreatSchools rating
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