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  • $338,000

    429 Laurel St SW, Grand Rapids, MI 49503

    7beds
    3baths
    2,630sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $331,100 Zestimate®
    $129/sqft
    $1,618 Estimated rent

    Home value

    $331,100

    $315,000 - $348,000

    $1,618/mo

    Zestimate® history
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    $2,111/mo

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    What's special

    Income-producing 3-unit property consisting of one duplex and one single-family home. All units are currently occupied with a combined monthly rent of $3,550, exceeding the 1% rule. The duplex recently completed a ''Get the Lead Out'' inspection with significant improvements made, and the lower unit was fully remodeled prior to the current tenancy. The single-family home features a long-term tenant of over 10 years, and the upper duplex unit is also occupied by a long-term tenant. Strong rental history with reliable tenants and consistent payments. Solid cash-flow opportunity for an investor seeking stability over flash. This property is professionally managed and management can continue. An inspection report provided by the management company United Properties is in the attached documents.

    Zillow last checked:

    Listing updated:

    Listed by:

    Timothy J VandenToorn 616-450-6018,

    United Realty Services LLC

    Bought with:

    Diane Griffin, 6502361836

    Keller Williams GR North

    Ruby S Griffin Salmi, 6501446484

    Source: MichRIC,MLS#: 26004398MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    Heating
    • Forced Air
    Features
    • Basement: Crawl Space,Michigan Basement
    Interior area
    • Total interior livable area: 2,630 sqft

    Property

    Parking
    • Parking features: Unpaved
    Lot
    • Size: 5,662 sqft
    • Dimensions: 50*115
    Details
    • Parcel number: 411336182008
    • Zoning description: Res

    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

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

    Community & neighborhood

    Location
    • Region: Grand Rapids

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/13/2026Sold$338,000+2.7%$129/sqft
    Source: MichRIC #26004398 Report a problem
    2/9/2026Pending sale$329,000$125/sqft
    Source: MichRIC #26004398 Report a problem
    2/6/2026Listed for sale$329,000+88%$125/sqft
    Source: MichRIC #26004398 Report a problem
    12/16/2019Sold$175,000+62%$67/sqft
    Source: Public Record Report a problem
    1/3/2017Sold$108,000-1.7%$41/sqft
    Source: Public Record Report a problem
    10/15/2016Listed for sale$109,900$42/sqft
    Source: Leading Edge Realty LLC #16052739 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,168 $146,800 +9.8%
    2024-- $133,700 +43.1%
    2021$2,377 $93,400 +34.2%
    2020$2,377 +3.2%$69,600 +25.9%
    2019$2,304 $55,300 +21.5%
    2018-- $45,500 +3.2%
    2017$2,260 $44,100 +2.8%
    2016$2,260 $42,900
    2015$2,260 +5%$42,900 +5.1%
    2013$2,153 $40,800 -24.7%
    2011-- $54,200 -0.7%
    2010-- $54,600 -12.2%
    2009-- $62,200 +29.6%
    2007-- $48,000 +197.1%
    2006-- $16,154 +3.7%
    2005-- $15,578 +3.3%
    2004-- $15,081 +6.2%
    2002-- $14,199 +3.2%
    2001-- $13,759

    Find assessor info on the county website

    Neighborhood: Roosevelt Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $331,100
    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
    $331,100