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  • $399,900

    39 Fair St SE, Grand Rapids, MI 49507

    7beds
    2baths
    1,928sqft
    : 
    $2,847/mo
    Get pre-qualified
    2 to 4 Units
    Built in 1915
    -- sqft lot
    $391,700 Zestimate®
    $207/sqft
    $-- HOA

    What's special

    Modern vanityStylish bathroomBright modern interiorsFull updated bathroomQuartz countertopsNeutral flooring and carpetingBeautifully renovated kitchen
    Say "Hello!" to this fully updated 2-unit property offering an exceptional investment or house hacking opportunity! Both units feature neutral flooring and carpeting, creating bright, modern interiors that are move-in ready. Separate gas and electric utilities for each unit make ownership and tenant management even easier.Unit A features 4 bedrooms and 1 full updated bathroom. The beautifully renovated kitchen boasts quartz countertops, stainless steel appliances, open shelving, and dining area. The stylish bathroom includes hexagon floor tile and a modern vanity. Laundry is conveniently located in the basement, where you'll also find plenty of storage space.Unit B offers 3 bedrooms and 1 full bathroom. Enjoy a comfortable living room and an updated kitchen complete with quartz countertops, stainless steel appliances, open shelving, and abundant cabinet storage. An in-unit washer and dryer add everyday convenience. Two bedrooms and the updated bathroom are on the second floor, while the third bedroom occupies the finished attic. Outside, a large barn provides excellent potential for use as a garage, workshop, or additional storage. Major mechanical updates were completed in 2024, including all new electrical, plumbing, and HVAC systems, offering peace of mind for years to come. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property checks all the boxes. Schedule your showing today!
    19 days
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    367
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    27
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Schaefer 616-439-1272,

    Hello Homes GR 616-439-1272

    Source: MichRIC,MLS#: 26040594MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: In Basement, In Unit, Upper Level
      Features
      • Basement: Michigan Basement
      Interior area
      • Total interior livable area: 1,928 sqft

      Property

      Parking
      • Total spaces: 2
      Lot
      • Size: 7,840 Square Feet
      • Features: Sidewalk
      Details
      • Parcel number: 411806107037
      • Zoning description: MULTI

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1915

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Grand Rapids

      Financial & listing details

      • Price per square foot: $207/sqft
      • Tax assessed value: $123,900
      • Annual tax amount: $6,741
      • Date on market: 8/5/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $391,700

        $372,000 - $411,000

        $1,473/mo

        Price history

        DateEventPrice
        8/5/2026Listed for sale$399,900+9.6%$207/sqft
        Source: MichRIC #26040594 Report a problem
        1/10/2025Sold$365,000-1.3%$189/sqft
        Source: MichRIC #24054475 Report a problem
        11/20/2024Pending sale$369,900$192/sqft
        Source: MichRIC #24054475 Report a problem
        11/8/2024Price change$369,900-3.9%$192/sqft
        Source: MichRIC #24054475 Report a problem
        11/4/2024Price change$384,900-1.3%$200/sqft
        Source: MichRIC #24054475 Report a problem
        10/28/2024Price change$389,900-2.5%$202/sqft
        Source: MichRIC #24054475 Report a problem
        10/16/2024Listed for sale$399,900+207.6%$207/sqft
        Source: MichRIC #24054475 Report a problem
        6/21/2024Sold$130,000+3150%$67/sqft
        Source: Public Record Report a problem
        8/16/2019Sold$4,000$2/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,756 $114,700 +90.2%
        2024-- $60,300 +32.8%
        2021$2,131 $45,400 +20.1%
        2020$2,131 +22%$37,800 +17%
        2019$1,748 $32,300 +13.3%
        2018-- $28,500 +25%
        2017$878 $22,800
        2016$878 $22,800
        2015$878 +5%$22,800 -3.4%
        2013$836 $23,600 -17.5%
        2011-- $28,600 -7.4%
        2010-- $30,900 -10.4%
        2009-- $34,500 +27.3%
        2007-- $27,100 +94.7%
        2006-- $13,921 +3.7%
        2005-- $13,425 +3.3%
        2004-- $12,997 +6.2%
        2002-- $12,237 +3.2%
        2001-- $11,858
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South East Community

        Getting around

        77 / 100
        Very Walkable
        36 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Campus Elementary School
        • High: Ottawa Hills High School

        Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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