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Sold
  • $599,900

    3241 Marshall Ave SE, Kentwood, MI 49508

    7beds
    4baths
    3,250sqft
    2 to 4 Units
    Built in 1964
    -- sqft lot
    $617,100 Zestimate®
    $185/sqft
    $1,973 Estimated rent

    Home value

    $617,100

    $580,000 - $654,000

    $1,973/mo

    Zestimate® history
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    $1,973/mo

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    $1,973/mo

    Rent Zestimate®

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    $3,797/mo

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    $3,797/mo

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    What's special

    New mailboxesUpdated common hallwaysExterior security lightingUpdated electrical systemsUpdated landscapingNew coin-operated laundry area
    Owner occupied or Investment Opportunity! Welcome to 3241 Marshall Ave SE, a well-maintained and income-producing apartment building offering immediate cash flow and long-term upside. This solid property features three turnkey 2-bedroom, 1-bath units, each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. One 2-bedroom unit is currently vacant for showings, making it ideal for owner-occupants or investors looking to fill at market rent. All units are occupied on month-to-month leases, providing excellent stability with the flexibility for future adjustments. Tenants are responsible for their own electric and trash, further maximizing net income for the new owner. Recent 2024 upgrades elevate the building's appeal and reduce future maintenance costs, including: Brand new roofs on both the main building and garage port -Fully updated Unit # 2 -New front and back doors with enhanced security locks -Updated electrical systems -Updated common hallwa ys -New coin-operated laundry area -Fresh interior and exterior paint -Updated landscaping -New mailboxes & exterior security lighting -Full camera system covering outdoor areas and interior hallways This is a clean, professionally updated building in strong rental conditionperfect for both seasoned investors and first-time multifamily buyers. Three of the occupied units will be made available for walkthrough after an accepted offer. Don't miss this chance to add a high-performing property to your portfolio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Vung L Mang 616-485-8138,

    VJ Real Estate

    Bought with:

    Rebecca Glaesman, 6506046992

    Realify Properties

    Source: MichRIC,MLS#: 25060041MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Radiant
    Cooling
    • Window Unit(s)
    Features
    • Basement: Daylight
    Interior area
    • Total interior livable area: 3,250 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Concrete, Driveway
    Lot
    • Size: 0.3 Acres
    • Dimensions: 89 x 150 x 89 x 161
    Details
    • Parcel number: 411317301009
    • Zoning description: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Brick
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Kentwood

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $144,800
    • Annual tax amount: $8,842
    • Date on market: 11/28/2025
    • Listing terms: FHA,Cash,Conventional
    • Tenant pays: Electricity
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/5/2026Sold$599,900$185/sqft
    Source: MichRIC #25060041 Report a problem
    12/1/2025Pending sale$599,900$185/sqft
    Source: MichRIC #25060041 Report a problem
    11/28/2025Listed for sale$599,900-6.3%$185/sqft
    Source: MichRIC #25060041 Report a problem
    8/27/2025Listing removed$640,000$197/sqft
    Source: Realcomp II #20251010448 Report a problem
    6/26/2025Price change$640,000+52.7%$197/sqft
    Source: Realcomp II #20251010448 Report a problem
    1/10/2023Pending sale$419,000$129/sqft
    Source: MichRIC #23000604 Report a problem
    1/7/2023Listed for sale$419,000-4.6%$129/sqft
    Source: MichRIC #23000604 Report a problem
    11/1/2022Listing removed--
    Source: MichRIC #22039531 Report a problem
    9/14/2022Listed for sale$439,000$135/sqft
    Source: MichRIC #22039531 Report a problem
    2/23/2017Listing removed$650
    Source: Zillow Rental Network Report a problem
    1/30/2017Listed for rent$650
    Source: Zillow Rental Network Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Ken-O-Sha Park

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $617,100
    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
    $617,100