Sold

$450,000

407 11th St NW #409, Grand Rapids, MI 49504

8beds

4baths

3,208sqft

2 to 4 Units

Built in 1900

-- sqft lot

$462,600 Zestimate^®

$140/sqft

$982 Estimated rent

Home value

$462,600

$430,000 - $495,000

$982/mo

Zestimate^® history

Owner options

List your home for rent

$982/mo

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$982/mo

Rent Zestimate^®

Refinance and save

$2,864/mo

Est. payment

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$2,864/mo

Est. payment

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What's special

Modernized interiorsDeck repairsFresh exterior paintNew roof fascia

4-unit investment property with day one cash flow! Current rents of $5,170 total a month. Each unit offers 2 beds and 1 bath, with updates throughout in recent years. All four furnaces were replaced in 2019, and new water heaters installed in 2024. Fresh exterior paint, deck repairs, and new roof fascia enhance curb appeal and long-term value. Strong rental history with modernized interiors. Don't miss out on this great opportunity for passive income!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air

Cooling

None

Appliances

Laundry: None

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 3,208 sqft

Property

Parking

Parking features: Unpaved

Lot

Size: 3,484 Square Feet
Dimensions: 45 x 74

Details

Parcel number: 411324130059
Zoning description: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1900

Utilities & green energy

Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $140/sqft
Tax assessed value: $91,111
Annual tax amount: $4,583
Date on market: 6/3/2025
Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
8/7/2025	Sold	$450,000-4.3%$140/sqft
Source: MichRIC #25023277 Report a problem
7/9/2025	Pending sale	$470,000$147/sqft
Source: MichRIC #25023277 Report a problem
6/3/2025	Listed for sale	$470,000$147/sqft
Source: MichRIC #25023277 Report a problem
5/27/2025	Pending sale	$470,000$147/sqft
Source: MichRIC #25023277 Report a problem
5/21/2025	Listed for sale	$470,000$147/sqft
Source: MichRIC #25023277 Report a problem