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Sold for $267,000
  • $267,000

    700 W Jefferson St, Grand Ledge, MI 48837

    5beds
    4baths
    --sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $313,100 Zestimate®
    $--/sqft
    $1,334 Estimated rent

    Home value

    $313,100

    $294,000 - $332,000

    $1,334/mo

    Zestimate® history
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    $1,334/mo

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    $1,735/mo

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    $1,735/mo

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    What's special

    Welcome to 700 W Jefferson, Grand Ledge, MI 48837! This fantastic multi-unit property offers an incredible investment opportunity in the heart of Grand Ledge. With a total of 4 units (fully leased with 2655 gross rent), this property promises both versatility and potential. Each unit is on a separate meter for gas and electricity, ensuring that tenants have control over their utility usage and expenses. The seller takes care of water, sewer, and trash expenses, making it even more convenient for both tenants and investors. Situated in a convenient location, this property provides easy access to local amenities, schools, parks, and more. Whether you're an experienced investor or someone looking to start their real estate journey, 700 W Jefferson presents a chance to make a lucrative venture in a thriving rental market. Don't miss out on this opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Morgan Meredith 517-505-1422,

    Keller Williams Realty Lansing

    Bought with:

    Angela Averill, 6501312624

    Century 21 Affiliated

    Source: Greater Lansing AOR,MLS#: 275438MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Gas Water Heater
    • Laundry: None
    Features
    • Windows: Double Pane Windows
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Finished area above ground: 2,699

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch
    Lot
    • Size: 6,534 sqft
    • Dimensions: 66 x 99
    Details
    • Parcel number: 2340007360201000
    • Zoning description: Zoning

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Grand Ledge
    • Subdivision: Riverside

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    11/21/2023Sold$267,000-11%
    Source: Greater Lansing AOR #275438 Report a problem
    11/20/2023Pending sale$300,000
    Source: Greater Lansing AOR #275438 Report a problem
    10/16/2023Contingent$300,000
    Source: Greater Lansing AOR #275438 Report a problem
    8/21/2023Listed for sale$300,000+300%
    Source: Greater Lansing AOR #275438 Report a problem
    12/28/2015Sold$75,000
    Source: Public Record Report a problem
    4/30/2013Sold$75,000-16.6%
    Source: Greater Lansing AOR #45566 Report a problem
    3/6/2013Listed for sale$89,888
    Source: Listhub #45566 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,674 $107,300 +10.7%
    2024-- $96,900 +26.2%
    2021$8,890 +109.8%$76,800 +5.1%
    2020$4,238 $73,100 -46.7%
    2019$4,238 $137,106 +104.3%
    2018-- $67,100
    2017-- $67,100 +1.4%
    2016-- $66,200 +4.4%
    2015-- $63,400
    2014-- $63,400
    2013-- $63,400 -15.9%
    2011-- $75,400 -9.4%
    2010-- $83,200 -4.4%
    2009-- $87,020 -3.7%
    2008-- $90,370 -3.7%
    2007-- $93,800 +6.3%
    2006-- $88,270 +15%
    2005-- $76,780 +2.1%
    2004-- $75,170 +11.4%
    2002-- $67,480 +6.4%
    2001-- $63,450

    Find assessor info on the county website

    Neighborhood: 48837

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Grand Ledge

    Source: Greater Lansing AOR. 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
    $313,100
    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
    $313,100