Active

$329,900

859 Butterworth St SW, Grand Rapids, MI 49504

3beds

3baths

1,881sqft

$2,349/mo

Get pre-qualified

2 to 4 Units

Built in 1890

-- sqft lot

$317,700 Zestimate^®

$175/sqft

$-- HOA

What's special

Plenty of off-street parking

Great investment opportunity on the desirable SW side! This 3-unit multifamily property features three spacious 1-bedroom, 1-bathroom units, each with split utilities and plenty of off-street parking. The property is currently professionally managed by United Properties, making it an excellent option for a hands-off investor. All three units are occupied and under current leases, generating $2,875 in total monthly rental income. Tenants are responsible for split utilities, while the owner is responsible for water and sewer. With a great location, strong occupancy, and existing rental income, this property is a great addition to any investment portfolio.

19 days
184
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Forced Air

Appliances

Laundry: In Basement

Features

Basement: Full,Michigan Basement

Interior area

Total interior livable area: 1,881 sqft

Property

Parking

Total spaces: 5

Lot

Size: 8,712 Square Feet
Dimensions: 179 x 49
Features: Sidewalk

Details

Parcel number: 411326478017
Zoning description: MULTI

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1890

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $175/sqft
Tax assessed value: $47,153
Annual tax amount: $2,370
Date on market: 8/12/2026
Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes

Estimated market value

$317,700

$302,000 - $334,000

$1,822/mo

Price history

Date	Event	Price
8/12/2026	Listed for sale	$329,900+6.5%$175/sqft
Source: MichRIC #26042093 Report a problem
11/4/2024	Listing removed	$309,900$165/sqft
Source: MichRIC #24026788 Report a problem
6/13/2024	Price change	$309,900-1.6%$165/sqft
Source: MichRIC #24026788 Report a problem
5/29/2024	Listed for sale	$314,900+176.2%$167/sqft
Source: MichRIC #24026788 Report a problem
4/5/2016	Sold	$114,000+3.7%$61/sqft
Source: MichRIC #16003521 Report a problem
1/29/2016	Listed for sale	$109,900+10%$58/sqft
Source: Childress & Associates Realty #16003521 Report a problem
9/2/2015	Listing removed	$99,900$53/sqft
Source: Bluhouse Properties LLC #15028533 Report a problem
7/11/2015	Price change	$99,900-8.3%$53/sqft
Source: Bluhouse Properties LLC #15028533 Report a problem
6/3/2015	Listed for sale	$109,000+81.7%$58/sqft
Source: Bluhouse Properties LLC #15028533 Report a problem
10/25/2014	Listing removed	$550
Source: Compass Property Management Report a problem
10/15/2014	Listed for rent	$550+32.5%
Source: Compass Property Management Report a problem
8/5/2014	Sold	$60,000+100.7%$32/sqft
Source: Public Record Report a problem
8/28/2013	Listing removed	$415
Source: Urban Pharm LLC Report a problem
8/22/2013	Listed for rent	$415
Source: Urban Pharm LLC Report a problem
7/17/2012	Listing removed	$415
Source: Urban Pharm LLC Report a problem
6/5/2012	Listed for rent	$415-5.7%
Source: Urban Pharm LLC Report a problem
2/4/2012	Listing removed	$440
Source: Urban Pharm LLC Report a problem
12/19/2011	Price change	$440+6%
Source: Urban Pharm LLC Report a problem
10/21/2011	Listed for rent	$415
Source: Urban Pharm LLC Report a problem
6/24/2009	Sold	$29,900+1.4%$16/sqft
Source: Public Record Report a problem
11/14/2008	Sold	$29,489-74.1%$16/sqft
Source: Public Record Report a problem
5/22/2006	Sold	$114,000+11.1%$61/sqft
Source: Public Record Report a problem
7/30/2004	Sold	$102,600$55/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,309	$116,700 +10.3%
2024	--	$105,800 +63.8%
2021	$2,020	$64,600 +10.1%
2020	$2,020 +16.3%	$58,700 +14.6%
2019	$1,736	$51,200 +29.9%
2018	--	$39,400 +25.1%
2017	$1,462	$31,500 +2.6%
2016	$1,462	$30,700
2015	$1,462 -6.8%	$30,700 +5.1%
2013	$1,569	$29,200 -17%
2011	--	$35,200 -7.4%
2010	--	$38,000 -11.2%
2009	--	$42,800 +2.4%
2007	--	$41,800 -2.1%
2006	--	$42,700 +11.7%
2005	--	$38,221 +3.3%
2004	--	$37,000 +69.9%
2002	--	$21,777 +3.2%
2001	--	$21,102