Welcome to a piece of Grand Rapids history, nestled in the heart of the heritage hill historic neighborhood. Whether you're looking to restore this property to its former glory as a single-family home or capitalize on the rental income potential, this home has it. Currently it is set up with 2 separated apartments. The lower unit is a 2 bedroom / 2 bathroom. The upper unit is 3 bedroom / 1 bathroom. Electric and gas are not split. 1 electrical panel & 1 furnace. Both Apt are currently occupied. This home could be converted back to single family with not much work. The exterior was painted last year. 2 off street parking spots with a shared driveway. Spacious backyard with a patio built in & still plenty of green space. Washer & Dryer in the basement.
Sold
$350,000
40 Portsmouth Pl NE, Grand Rapids, MI 49503
5beds
3baths
2,158sqft
2 to 4 Units
Built in 1900
-- sqft lot
$392,900 Zestimate®
$162/sqft
$1,578 Estimated rent
Home value
$392,900
$369,000 - $416,000
$1,578/mo
Zestimate® history
Owner options
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$1,578/mo
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$1,578/mo
Rent Zestimate®
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$2,204/mo
Est. payment
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$2,204/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Lewis Smalligan 616-634-0633,
Tall Tree Realty and Property Management LLC
Bought with:
Drew Denham, 6506047679
EXP Realty LLC
Source: MichRIC,MLS#: 24019786
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 2,158 sqft
Property
Parking
- Total spaces: 2
Lot
- Size: 3,484 Square Feet
- Dimensions: 90 x 40
Details
- Parcel number: 411430255010
- Zoning description: residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
- Roof: Wood
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $66,535
- Annual tax amount: $3,298
- Date on market: 6/9/2024
- Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
- Tenant pays: Electricity
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2024 | Sold | $350,000-2.5%$162/sqft |
Source:  MichRIC #24019786 Report a problem | ||
| 7/10/2024 | Pending sale | $359,000$166/sqft |
Source: MichRIC #24019786 Report a problem | ||
| 6/23/2024 | Price change | $359,000-2.7%$166/sqft |
Source: MichRIC #24019786 Report a problem | ||
| 6/9/2024 | Listed for sale | $369,000-4.2%$171/sqft |
Source: MichRIC #24019786 Report a problem | ||
| 5/13/2024 | Listing removed | -- |
Source: MichRIC #24019786 Report a problem | ||
| 5/2/2024 | Pending sale | $385,000$178/sqft |
Source: MichRIC #24019786 Report a problem | ||
| 4/24/2024 | Listed for sale | $385,000$178/sqft |
Source: MichRIC #24019786 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,450 | $143,200 +5.3% |
| 2024 | -- | $136,000 +33.7% |
| 2021 | $3,017 | $101,700 +9% |
| 2020 | $3,017 +3.2% | $93,300 +11.6% |
| 2019 | $2,925 | $83,600 +9.1% |
| 2018 | -- | $76,600 +9.3% |
| 2017 | $2,867 | $70,100 +17.4% |
| 2016 | $2,867 | $59,700 |
| 2015 | $2,867 +5% | $59,700 +12.4% |
| 2013 | $2,732 | $53,100 -15.4% |
| 2011 | -- | $62,800 -4.3% |
| 2010 | -- | $65,600 -2.7% |
| 2009 | -- | $67,400 -6.6% |
| 2007 | -- | $72,200 +27.6% |
| 2006 | -- | $56,598 +3.7% |
| 2005 | -- | $54,579 +3.3% |
| 2004 | -- | $52,836 +6.2% |
| 2002 | -- | $49,742 +3.2% |
| 2001 | -- | $48,200 |
Find assessor info on the county website
Neighborhood: Heritage Hill
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Nearby schools
GreatSchools rating
- 4/10Grand Rapids Montessori Public SchoolGrades: PK-12Distance: 0.2 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 0.2 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 0.9 mi
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Estimated market value
$392,900
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
$392,900
- Michigan
- Kent County
- Grand Rapids
- 49503
- Heritage Hill
- 40 Portsmouth Pl NE
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