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Off market
  • $507,300

    617 Prospect Ave SE, Grand Rapids, MI 49503

    5beds
    3baths
    3,350sqft
    MultiFamily
    Built in 1917
    -- sqft lot
    $507,300 Zestimate®
    $151/sqft
    $1,784 Estimated rent

    Home value

    $507,300

    $462,000 - $558,000

    $1,784/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,784/mo

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    $1,784/mo

    Rent Zestimate®

    Refinance and save

    $3,187/mo

    Est. payment

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    $3,187/mo

    Est. payment

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    What's special

    SERIOUS INVESTORS, This Is It! Fully furnished and Fully Occupied 3 family home, seasoned renters, awesome condition, no needs, current owner of 31yrs, bitter sweet but getting out of the biz due to retirement only. This amazing rental NETS almost $34k annually. We have the numbers, leases, compliance cert, you name it. This place is gold. If you want a solid rental investment that produces high dollar results, DO NOT WAIT, get inside this home. Dark hardwood trim, real hardwood floors, crown molding, bay windows, built-in shelving, pocket doors, separated metering...landlords dream!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,350 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    Features
    • Exterior features: Stucco
    Lot
    • Size: 7,104 Square Feet
    Details
    • Parcel number: 411431178016

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1917

    Utilities & green energy

    • Sewer: Public

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $151/sqft
    • Tax assessed value: $430,600
    • Annual tax amount: $5,828
    • Tenant pays: Gas, Electric

    Price history

    DateEventPrice
    12/19/2022Listing removed--
    Source: MichRIC #22035620 Report a problem
    8/18/2022Listed for sale$478,000$143/sqft
    Source: MichRIC #22035620 Report a problem
    5/3/2022Listing removed--
    Source: MichRIC #22014222 Report a problem
    4/23/2022Listed for sale$478,000+66%$143/sqft
    Source: MichRIC #22014222 Report a problem
    12/21/2018Sold$288,000-4%$86/sqft
    Source: MichRIC #18050415 Report a problem
    10/12/2018Listed for sale$300,000$90/sqft
    Source: Five Star Real Estate (Main) #18050415 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,828 $215,300 +13.1%
    2024-- $190,300 +33.8%
    2021$5,096 $142,200 +16.7%
    2020$5,096 +113.2%$121,800 +27.5%
    2019$2,390 $95,500 +28.9%
    2018-- $74,100 +31.9%
    2017$2,343 $56,200 +12.4%
    2016$2,343 $50,000
    2015$2,343 +5%$50,000 +14.4%
    2013$2,233 $43,700 -30.2%
    2011-- $62,600 -19.5%
    2010-- $77,800
    2009-- $77,800 -5%
    2007-- $81,900 +120.4%
    2006-- $37,154 +3.7%
    2005-- $35,829 +3.3%
    2004-- $34,685 +6.2%
    2002-- $32,655 +3.2%
    2001-- $31,643
    Find assessor info on the county website

    Neighborhood: South Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Grand Rapids

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $507,300
    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
    $507,300