Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and strong investment potential. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, including a brand-new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill averages approximately $150/month and water approximately $200/month. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximate
Active
$586,900
3201 Marshall Ave SE, Grand Rapids, MI 49508
8beds
4baths
3,476sqft
:
Get pre-qualified$4,300/mo
2 to 4 Units
Built in 1966
-- sqft lot
$569,100 Zestimate®
$169/sqft
$-- HOA
What's special
- 154 days |
- 499 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Javier Rodriguez 616-559-7979,
Lake Michigan Realty Mgmt 616-438-9082
Source: MichRIC,MLS#: 26007237
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Hot Water
Cooling
- Wall Unit(s)
Features
- Basement: Full
Interior area
- Total interior livable area: 3,476 sqft
Property
Parking
- Total spaces: 5
- Parking features: Paved
Lot
- Size: 0.34 Acres
- Dimensions: 81 x 185
Details
- Parcel number: 411817301005
- Zoning description: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Brick
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $148,360
- Annual tax amount: $7,462
- Date on market: 3/3/2026
- Listing terms: FHA,Cash,Conventional
- Tenant pays: Electricity
- Road surface type: Paved
Estimated market value
$569,100
$541,000 - $598,000
$1,546/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Price change | $586,900-2.2%$169/sqft |
Source:  MichRIC #26007237 Report a problem | ||
| 3/3/2026 | Listed for sale | $599,900-1.7%$173/sqft |
Source: MichRIC #26007237 Report a problem | ||
| 1/14/2026 | Listing removed | $1,195 |
Source: Zillow Rentals Report a problem | ||
| 12/23/2025 | Price change | $1,195-4% |
Source: Zillow Rentals Report a problem | ||
| 10/2/2025 | Listed for rent | $1,245 |
Source: Zillow Rentals Report a problem | ||
| 9/30/2025 | Listing removed | $610,000$175/sqft |
Source: MichRIC #25037907 Report a problem | ||
| 8/6/2025 | Price change | $610,000-1.6%$175/sqft |
Source: MichRIC #25037907 Report a problem | ||
| 7/30/2025 | Listed for sale | $620,000+150.1%$178/sqft |
Source: MichRIC #25037907 Report a problem | ||
| 8/13/2019 | Sold | $247,900+3.3%$71/sqft |
Source: MichRIC #19030581 Report a problem | ||
| 7/2/2019 | Listed for sale | $239,900+82.4%$69/sqft |
Source: Bellabay Realty LLC #19030581 Report a problem | ||
| 10/28/2014 | Sold | $131,500-1.4%$38/sqft |
Source: MichRIC #14041858 Report a problem | ||
| 7/19/2014 | Listed for sale | $133,400+9.3%$38/sqft |
Source: R W Daniels Realty #14041381 Report a problem | ||
| 1/4/2013 | Sold | $122,000-9.6%$35/sqft |
Source: Public Record Report a problem | ||
| 7/17/2012 | Price change | $135,000-12.9%$39/sqft |
Source: Five Star Real Estate #12028614 Report a problem | ||
| 5/23/2012 | Listed for sale | $155,000+39.6%$45/sqft |
Source: Five Star Real Estate #12028614 Report a problem | ||
| 5/10/2010 | Sold | $111,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,462 | $207,100 +43.9% |
| 2024 | -- | $143,900 +52.8% |
| 2021 | $4,180 | $94,200 |
| 2020 | $4,180 +3.2% | $94,200 +15.2% |
| 2019 | $4,052 | $81,800 +6.9% |
| 2018 | -- | $76,500 +15.9% |
| 2017 | $3,380 | $66,000 +4.8% |
| 2016 | $3,380 | $63,000 |
| 2015 | $3,380 +5% | $63,000 -4.5% |
| 2013 | $3,221 | $66,000 -18.3% |
| 2011 | -- | $80,800 -6.7% |
| 2010 | -- | $86,600 -11.6% |
| 2009 | -- | $98,000 -12.6% |
| 2007 | -- | $112,100 +7.4% |
| 2006 | -- | $104,340 +3.7% |
| 2005 | -- | $100,618 +3.3% |
| 2004 | -- | $97,404 +6.2% |
| 2002 | -- | $91,700 +7.8% |
| 2001 | -- | $85,036 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Ken-O-Sha Park
Nearby schools
GreatSchools rating
- 3/10Kenosha Park ElementaryGrades: PK-5Distance: 0.6 mi
- 2/10Alger Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Ottawa Hills High SchoolGrades: 9-12Distance: 1.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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