Two-family in prime location just a short walk from restaurants, shopping, Medical Mile and more. Main floor unit is perfect for an owner-occupant. Upper kitchen and bathroom, and lower bathroom updated in 2024. Furnace, AC and water heater all newer. Full basement with washer and dryer and storage for tenants. Fenced backyard with patio area ready for a smokeless fire bowl. 4 off-street parking spots in back alley. City GR Cert of Compliance to 1-9-28. Tenants each pay $1,400 rent plus $50 per month for gas heat.
Sold
$353,000
725 Crescent St NE, Grand Rapids, MI 49503
3beds
2baths
1,908sqft
2 to 4 Units
Built in 1900
-- sqft lot
$356,400 Zestimate®
$185/sqft
$1,723 Estimated rent
Home value
$356,400
$335,000 - $378,000
$1,723/mo
Zestimate® history
Owner options
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$1,723/mo
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$1,723/mo
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$2,247/mo
Est. payment
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$2,247/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Robert A Novosad 616-437-0200,
Novosad Realty Partners,
Lisa J Novosad 616-437-0209,
Novosad Realty Partners
Bought with:
Kevin Wensley, 6506049198
Novosad Realty Partners
Source: MichRIC,MLS#: 26011051
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Basement
Features
- Basement: Full
Interior area
- Total interior livable area: 1,908 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved
Lot
- Size: 5,227 Square Feet
- Dimensions: 40' x 125'
- Features: Sidewalk
Details
- Parcel number: 411430228019
- Zoning description: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Aluminum Siding, Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $185/sqft
- Tax assessed value: $125,893
- Annual tax amount: $5,415
- Date on market: 3/20/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Sold | $353,000+1.1%$185/sqft |
Source:  MichRIC #26011051 Report a problem | ||
| 3/28/2026 | Pending sale | $349,000$183/sqft |
Source: MichRIC #26011051 Report a problem | ||
| 3/20/2026 | Listed for sale | $349,000+57.9%$183/sqft |
Source: MichRIC #26011051 Report a problem | ||
| 11/17/2020 | Sold | $221,000+76.8%$116/sqft |
Source: Public Record Report a problem | ||
| 9/8/2016 | Sold | $125,000+14.6%$66/sqft |
Source: Public Record Report a problem | ||
| 4/18/2006 | Sold | $109,100$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,549 | $132,500 +7.4% |
| 2024 | -- | $123,400 +32.1% |
| 2021 | $2,893 | $93,400 +14% |
| 2020 | $2,893 +3.3% | $81,900 +11.1% |
| 2019 | $2,800 | $73,700 +5.1% |
| 2018 | -- | $70,100 +13.1% |
| 2017 | $2,221 | $62,000 +16.3% |
| 2016 | $2,221 | $53,300 |
| 2015 | $2,221 +5% | $53,300 +32.9% |
| 2013 | $2,116 | $40,100 -18.8% |
| 2011 | -- | $49,400 -10.3% |
| 2010 | -- | $55,100 -6.9% |
| 2009 | -- | $59,200 -6.2% |
| 2007 | -- | $63,100 |
| 2006 | -- | $63,100 +2.9% |
| 2005 | -- | $61,300 +77.1% |
| 2004 | -- | $34,618 +6.2% |
| 2002 | -- | $32,592 +3.2% |
| 2001 | -- | $31,582 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 4/10Grand Rapids Montessori Public SchoolGrades: PK-12Distance: 0.4 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 0.5 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 1.4 mi
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Estimated market value
$356,400
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
$356,400
- Michigan
- Kent County
- Grand Rapids
- 49503
- Midtown
- 725 Crescent St NE
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