Active

Price cut: $9.9K (8/27)

$240,000

832 Thomas St SE, Grand Rapids, MI 49506

3beds

2baths

1,470sqft

$1,792/mo

Get pre-qualified

2 to 4 Units

Built in 1890

-- sqft lot

$238,700 Zestimate^®

$163/sqft

$-- HOA

What's special

Fully fenced yardNew roofIn-unit laundryUpdated kitchenNew appliances

Discover this well-maintained multi-unit investment property in Grand Rapids, MI, offering exceptional potential for investors and owner-occupants alike. This property features in-unit laundry, an updated kitchen, a garage, and a fully fenced yard. The lower unit offers 2 bedrooms and 1 bathroom, while the upper unit features 1 bedroom and 1 bathroom, providing flexible living and rental opportunities. Recently remodeled with updated electrical, a new roof, and new appliances, the property has since received additional valuable improvements. In 2022, all windows throughout the home were replaced. The lower unit features energy-efficient triple-pane windows that provide enhanced insulation and added sound reduction, while the upper unit was updated with energy-efficient double-pane tempered glass windows for increased safety and efficiency. The property has previously been certified as a rental and is code compliant awaiting its new owner. Schedule your showing today!

41 days
1,150
118

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Laundry: Common Area, In Unit, Lower Level

Features

Basement: Crawl Space

Interior area

Total interior livable area: 1,470 sqft

Property

Parking

Total spaces: 4
Parking features: Paved

Lot

Size: 6,098 Square Feet
Dimensions: 50 x 124

Details

Parcel number: 411432153007
Zoning description: Res

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1890

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $163/sqft
Tax assessed value: $60,586
Annual tax amount: $2,558
Date on market: 8/27/2026
Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
Tenant pays: None
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$238,700

$227,000 - $251,000

$1,684/mo

Price history

Date	Event	Price
8/27/2026	Price change	$240,000-4%$163/sqft
Source: MichRIC #26037651 Report a problem
8/20/2026	Pending sale	$249,900$170/sqft
Source: MichRIC #26037651 Report a problem
8/14/2026	Price change	$249,9000%$170/sqft
Source: MichRIC #26037651 Report a problem
8/7/2026	Listed for sale	$250,000$170/sqft
Source: MichRIC #26037651 Report a problem
8/1/2026	Pending sale	$250,000$170/sqft
Source: MichRIC #26037651 Report a problem
7/22/2026	Listed for sale	$250,000+56.3%$170/sqft
Source: MichRIC #26037651 Report a problem
9/16/2020	Sold	$160,000+3.2%$109/sqft
Source: MichRIC #20029811 Report a problem
8/3/2020	Pending sale	$155,000$105/sqft
Source: Red Door Realty Group LLC #20029811 Report a problem
7/28/2020	Listed for sale	$155,000+63.2%$105/sqft
Source: Red Door Realty Group LLC #20029811 Report a problem
5/24/2019	Sold	$95,000$65/sqft
Source: MichRIC #19007395 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,513	$86,500 +9.8%
2024	--	$78,800 +52.7%
2021	$980	$51,600 +17.8%
2020	$980 +3.6%	$43,800 +22.7%
2019	$946	$35,700 +15.2%
2018	--	$31,000 +18.8%
2017	$1,042	$26,100 +11.5%
2016	$1,042	$23,400
2015	$1,042 +6%	$23,400 -1.3%
2013	$984	$23,700 -28%
2011	--	$32,900 -18%
2010	--	$40,100 -0.7%
2009	--	$40,400 -9.4%
2007	--	$44,600 +42.5%
2006	--	$31,288 +3.7%
2005	--	$30,172 +3.3%
2004	--	$29,209 +6.2%
2002	--	$27,500 +20.1%
2001	--	$22,900