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  • $269,000

    506 Burton St SW, Grand Rapids, MI 49507

    4beds
    3baths
    1,990sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $281,800 Zestimate®
    $135/sqft
    $1,444 Estimated rent

    Home value

    $281,800

    $259,000 - $307,000

    $1,444/mo

    Zestimate® history
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    $1,691/mo

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    $1,691/mo

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    What's special

    Two stall garage
    [NOTE: Our client wants to sell 506 and the adjacent 454 Burton SW as a package deal. Client not interested in entertaining offers below asking price unless they are for both properties) Professionally managed, turn-key 3 unit rental is in good shape and priced to sell. It features a private parking lot for up to 8 vehicles in addition to a nice two stall garage currently being rented separately. It has a new city certification and is located next to shops and restaurants in the Burton Heights neighborhood. All the units are up to code and all are occupied. You can see that many updates have been made to this property over the last ten years. This property is conveniently located less than 10 minutes from downtown. It is less than 500 feet from US 131 with a bus stop in front.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Tuffelmire 616-589-6776,

    Kent County Real Estate LLC,

    Alexander J Abramajtys 616-862-1189,

    Kent County Real Estate LLC

    Bought with:

    Javier Rodriguez, 6502394655

    Lake Michigan Realty Mgmt

    Source: MichRIC,MLS#: 24056956MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Forced Air
    Features
    • Basement: Michigan Basement
    Interior area
    • Total interior livable area: 1,990 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved
    Lot
    • Size: 10,018 sqft
    • Dimensions: 100' x 100'
    Details
    • Parcel number: 411712129011
    • Zoning description: residential

    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, Cable Available, Natural Gas Connected, Electricity Connected

    Community & neighborhood

    Location
    • Region: Grand Rapids

    Other

    Other facts
    • Listing terms: VA Loan,FHA,Cash,Conventional

    Price history

    DateEventPrice
    1/28/2025Sold$269,000-3.6%$135/sqft
    Source: MichRIC #24056956 Report a problem
    11/26/2024Pending sale$279,000$140/sqft
    Source: MichRIC #24056956 Report a problem
    10/30/2024Listed for sale$279,000+46.1%$140/sqft
    Source: MichRIC #24056956 Report a problem
    10/16/2020Sold$191,000-4.5%$96/sqft
    Source: Public Record Report a problem
    9/3/2020Pending sale$200,000$101/sqft
    Source: Blueprint Properties LLC #20035204 Report a problem
    8/26/2020Listed for sale$200,000$101/sqft
    Source: Blueprint Properties LLC #20035204 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,455 $100,100 +14%
    2024-- $87,800 +50.1%
    2021$1,736 $58,500 +28.9%
    2020$1,736 +17.1%$45,400 +24.7%
    2019$1,483 $36,400 +13%
    2018-- $32,200 +16.2%
    2017$1,454 $27,700 +2.2%
    2016$1,454 $27,100
    2015$1,454 +4.9%$27,100 -15.8%
    2013$1,385 $32,200 -31.9%
    2011-- $47,300 -5.2%
    2010-- $49,900
    2009-- $49,900

    Find assessor info on the county website

    Neighborhood: Garfield Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $281,800
    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
    $281,800