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Off market
  • $381,400

    624 Lamberton St NE, Grand Rapids, MI 49505

    4beds
    0baths
    2,800sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $381,400 Zestimate®
    $136/sqft
    $1,478 Estimated rent

    Home value

    $381,400

    $343,000 - $423,000

    $1,478/mo

    Zestimate® history
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    $2,427/mo

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    $2,427/mo

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    What's special

    4 unit investment opportunity hits the market for the first time since 1993. Located NE Grand Rapids, this property is tucked back on a quiet dead end street. Featuring 4, 1 bed, 1 bath apartments. Large bedrooms with huge closets in each unit. Off street parking available for tenants and plenty of extra street parking. With some updating and TLC, this property would be a great addition to any rental portfolio or owner occupant. Long term tenants currently occupy the property. Each tenant is month to month and rents currently well below market rent. Scheduled your showing today. Buyer to verify square footage. *Showings to begin Sat Dec, 19th 1-6pm. Sun Dec 20th, 1-6pm. Schedule your showings today.

    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: 4
    • Bathrooms: 0
    Heating
    • Forced air, Wall, Electric, Gas
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,800 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Wood
    • Frontage length: 80.50
    Lot
    • Size: 7,230 Square Feet
    Details
    • Parcel number: 411406429026
    • Zoning: RES

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Water Available, Cable Connected, Sewer Available, Broadband

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $136/sqft
    • Tax assessed value: $312,800
    • Annual tax amount: $6,322
    • Total actual rent: 1950
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    4/17/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/15/2024Listed for rent$995
    Source: Zillow Rentals Report a problem
    1/15/2021Sold$210,000-19.2%$75/sqft
    Source: MichRIC #20050996 Report a problem
    12/31/2020Pending sale$260,000$93/sqft
    Source: RE/MAX of Grand Rapids (FH) #20050996 Report a problem
    12/17/2020Listed for sale$260,000$93/sqft
    Source: RE/MAX of Grand Rapids (FH) #20050996 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,322 $156,400 +15.3%
    2024-- $135,600 +30.1%
    2021$2,788 $104,200 +5.5%
    2020$2,788 +3.2%$98,800 +20.8%
    2019$2,703 $81,800 +21.5%
    2018-- $67,300 +19.1%
    2017$2,649 $56,500 +10.1%
    2016$2,649 $51,300
    2015$2,649 +5%$51,300 -4.8%
    2013$2,524 $53,900 -24.8%
    2011-- $71,700 -3.1%
    2010-- $74,000 -6.8%
    2009-- $79,400 +12.6%
    2007-- $70,500 +62.3%
    2006-- $43,442 +3.7%
    2005-- $41,892 +3.3%
    2004-- $40,554 +6.2%
    2002-- $38,180 +3.2%
    2001-- $36,997
    Find assessor info on the county website

    Neighborhood: Creston

    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
    $381,400
    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
    $381,400