For sale is a Heritage hill 4 unit. Located on the corner of Fulton and Union, these apartments are a short walk to downtown colleges, medical mile, and Martha's Vineyard. 3 one bedroom units and 1 two bedroom unit. City compliance thru February 22 2025. Rents are low. Long term tenants. Owner pays gas and electric.
Unit 1 LR, Kit, bath and bedroom and garage $1160 lease thru 5/31/2023 now month to month
Unit 2 is the 2 and 3 floor. 2 BR,LR, Bath and Kit $1110, leased thru 7/31/2024
Unit 3 is a garden unit with 1 BR, LR kit, bath, $890, leased thru 5/31/2024
Unit 4 is a 1 BR unit, LR, Kit $815, leased thru 8/31/24
more information available in the document section
Sold
$413,655
557 Fulton St E, Grand Rapids, MI 49503
5beds
4baths
2,200sqft
2 to 4 Units
Built in 1921
-- sqft lot
$506,200 Zestimate®
$188/sqft
$1,832 Estimated rent
Home value
$506,200
$471,000 - $547,000
$1,832/mo
Zestimate® history
Owner options
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$1,832/mo
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$1,832/mo
Rent Zestimate®
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$2,583/mo
Est. payment
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$2,583/mo
Est. payment
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Medical mile
Zillow last checked:
Listing updated:
Listed by:
Mark R Bremer 616-340-0094,
Five Star Real Estate (Eastown)
Bought with:
Olvi Tole, 6501443472
Fathom Realty MI LLC
Source: MichRIC,MLS#: 23138641
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Hot Water
Features
- Basement: Walk-Out Access
Interior area
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Driveway
Lot
- Size: 3,484 sqft
- Dimensions: 45 by 80
- Features: Corner Lot
Details
- Parcel number: 411430255035
- Zoning description: 401
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Brick, Stucco
- Roof: Composition
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Storm Sewer
- Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected
Community & neighborhood
Location
- Region: Grand Rapids
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2023 | Sold | $413,655-2.6%$188/sqft |
Source:  MichRIC #23138641 Report a problem | ||
| 10/27/2023 | Pending sale | $424,900$193/sqft |
Source: MichRIC #23138641 Report a problem | ||
| 10/17/2023 | Listed for sale | $424,900$193/sqft |
Source: MichRIC #23138641 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,610 | $220,000 +7.5% |
| 2024 | -- | $204,600 +16.7% |
| 2021 | $4,452 | $175,300 +13.6% |
| 2020 | $4,452 +3.2% | $154,300 +19.7% |
| 2019 | $4,315 | $128,900 +2.2% |
| 2018 | -- | $126,100 +21.6% |
| 2017 | $4,230 | $103,700 +15.4% |
| 2016 | $4,230 | $89,900 |
| 2015 | $4,230 +5% | $89,900 +11.1% |
| 2013 | $4,031 | $80,900 -13.9% |
| 2011 | -- | $94,000 |
| 2010 | -- | $94,000 -9% |
| 2009 | -- | $103,300 -3.7% |
| 2007 | -- | $107,300 +9.9% |
| 2006 | -- | $97,629 +3.7% |
| 2005 | -- | $94,146 +3.3% |
| 2004 | -- | $91,139 +6.2% |
| 2002 | -- | $85,800 +53.5% |
| 2001 | -- | $55,888 |
Find assessor info on the county website
Neighborhood: Heritage Hill
Nearby schools
GreatSchools rating
- 4/10Grand Rapids Montessori Public SchoolGrades: PK-12Distance: 0.3 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 0.3 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 0.9 mi
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Estimated market value
$506,200
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
$506,200
- Michigan
- Kent County
- Grand Rapids
- 49503
- Heritage Hill
- 557 Fulton St E
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