Great 2-unit on a huge lot, in a great location downtown, surrounded by new houses, and blocks away from the hottest up and coming areas of downtown development.
These large units (4beds & 3beds) offer the rare opportunity for a cash-flowing property. Or you can live in one unit and rent out the other while building equity. Come check it out for yourself, both units are vacant and easy to show!
Sold
$299,900
505 La Grave Ave SE, Grand Rapids, MI 49503
7beds
2baths
2,542sqft
2 to 4 Units
Built in 1900
-- sqft lot
$352,700 Zestimate®
$118/sqft
$1,113 Estimated rent
Home value
$352,700
$332,000 - $377,000
$1,113/mo
Zestimate® history
Owner options
List your home for rent
$1,113/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,113/mo
Rent Zestimate®
Refinance and save
$1,920/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,920/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Mark Krier 616-275-0173,
616Homes.com LLC,
Jamie Krier 616-920-1942,
616Homes.com LLC
Bought with:
Caitlyn K Wisniewski, 6506048186
616 Realty LLC
Source: MichRIC,MLS#: 23137376
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Wall Unit(s)
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 2,542 sqft
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Driveway, Paved
Lot
- Size: 9,583 Square Feet
- Dimensions: 80 x 120 x 80 x 120
- Features: Corner Lot
Details
- Parcel number: 411431105026
- Zoning description: RMSE3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: 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: $118/sqft
- Tax assessed value: $62,198
- Annual tax amount: $3,071
- Date on market: 10/6/2023
- Listing terms: VA Loan,FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/20/2024 | Price change | $1,725-3.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/16/2024 | Price change | $1,795-3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/9/2024 | Price change | $1,850-7.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/22/2023 | Listed for rent | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2023 | Sold | $299,900$118/sqft |
Source:  MichRIC #23137376 Report a problem | ||
| 10/13/2023 | Pending sale | $299,900$118/sqft |
Source: MichRIC #23137376 Report a problem | ||
| 10/6/2023 | Listed for sale | $299,900+99.9%$118/sqft |
Source: MichRIC #23137376 Report a problem | ||
| 11/6/2018 | Sold | $150,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,516 | $116,200 +10% |
| 2024 | -- | $105,600 +28.8% |
| 2021 | $2,962 | $82,000 +18% |
| 2020 | $2,962 +231.8% | $69,500 +25.2% |
| 2019 | $893 | $55,500 +21.7% |
| 2018 | -- | $45,600 +33.7% |
| 2017 | $875 | $34,100 +9.3% |
| 2016 | $875 | $31,200 |
| 2015 | $875 +4.9% | $31,200 +0.6% |
| 2013 | $834 | $31,000 -15.5% |
| 2011 | -- | $36,700 -8.7% |
| 2010 | -- | $40,200 -11.3% |
| 2009 | -- | $45,300 +104.1% |
| 2007 | -- | $22,200 +60% |
| 2006 | -- | $13,878 +3.7% |
| 2005 | -- | $13,383 +3.3% |
| 2004 | -- | $12,956 +6.2% |
| 2002 | -- | $12,199 +3.2% |
| 2001 | -- | $11,821 |
Find assessor info on the county website
Neighborhood: South East Community
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Nearby schools
GreatSchools rating
- 3/10Martin Luther King Leadership AcademyGrades: PK-8Distance: 0.7 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 0.1 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 0.9 mi
Get a cash offer in 3 minutes
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Estimated market value
$352,700
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
$352,700
- Michigan
- Kent County
- Grand Rapids
- 49503
- South East Community
- 505 La Grave Ave SE
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