Great opportunity! 4 units that has been flawlessly maintained by retiring owner for over 40 years. Metal roof on front 7-8 years old, shingled portion replaced November 2024. 2 newer furnaces- 3 years. 4 new water heaters. Lots of laminate flooring, building + units all show nice. Low current rents, however all units have leases up soon. Projected market rents of $4700. Unit 1 could be 2 br = $1,200, #2 1 br = $1,000, #3 1 br = $1,000, #4 could be 3 br = $1,500. Separate gas + electric. Parking lot recently repaved w/8 spots. Fenced back yard 195' lot. City compliance thru 7/29/25. Many new windows. Unit 1 (to left main entrance) lr, kit, ea, br, ba, br, mud room, mechanicals, both brs have WIC, walk in pantry, new windows 2024, updated ba, vaulted ceilings. Unit 2 1st floor back, lr,kit, ea, 1 br, ba, furnace Unit 3 1st on right Lr, kit, ea, br, ba, play area Unit 4 up lr, lg kit, br w/wic, dormer br
Sold
$425,000
909 Spencer St NE, Grand Rapids, MI 49505
6beds
4baths
4,147sqft
2 to 4 Units
Built in 1936
-- sqft lot
$440,400 Zestimate®
$102/sqft
$1,844 Estimated rent
Home value
$440,400
$405,000 - $476,000
$1,844/mo
Zestimate® history
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$2,697/mo
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List your homeWhat's special
Newer furnacesParking lotDormer brMetal roofVaulted ceilingsNew water heatersLaminate flooring
Zillow last checked:
Listing updated:
Listed by:
Anthony L Lewis,
RE/MAX of Grand Rapids (FH)
Bought with:
Anthony L Lewis
RE/MAX of Grand Rapids (FH)
Source: MichRIC,MLS#: 24043407
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: None
Features
- Basement: Slab
Interior area
- Total interior livable area: 4,147 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved
Lot
- Size: 10,454 Square Feet
- Dimensions: 54 x 195
- Features: Level, Sidewalk
Details
- Parcel number: 411417302037
- Zoning description: MCN
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Block, Concrete, Vinyl Siding
- Roof: Composition,Metal
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $76,782
- Annual tax amount: $3,976
- Date on market: 10/17/2024
- Listing terms: FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2025 | Sold | $425,000$102/sqft |
Source:  MichRIC #24043407 Report a problem | ||
| 1/28/2025 | Pending sale | $425,000$102/sqft |
Source: MichRIC #24043407 Report a problem | ||
| 1/21/2025 | Price change | $425,000-5.5%$102/sqft |
Source: MichRIC #24043407 Report a problem | ||
| 10/28/2024 | Price change | $449,900-3.2%$108/sqft |
Source: MichRIC #24043407 Report a problem | ||
| 10/22/2024 | Price change | $465,000-4.1%$112/sqft |
Source: MichRIC #24043407 Report a problem | ||
| 10/17/2024 | Listed for sale | $485,000$117/sqft |
Source: MichRIC #24043407 Report a problem | ||
| 10/4/2024 | Pending sale | $485,000$117/sqft |
Source: MichRIC #24043407 Report a problem | ||
| 9/17/2024 | Price change | $485,000-3%$117/sqft |
Source: MichRIC #24043407 Report a problem | ||
| 8/26/2024 | Price change | $499,900-4.8%$121/sqft |
Source: MichRIC #24043407 Report a problem | ||
| 8/19/2024 | Listed for sale | $525,000$127/sqft |
Source: MichRIC #24043407 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,982 | $221,800 +15.5% |
| 2024 | -- | $192,000 +47.7% |
| 2021 | $3,482 | $130,000 +7.2% |
| 2020 | $3,482 +3.2% | $121,300 +13.9% |
| 2019 | $3,376 | $106,500 +26.6% |
| 2018 | -- | $84,100 +19.3% |
| 2017 | $3,309 | $70,500 +10.2% |
| 2016 | $3,309 | $64,000 |
| 2015 | $3,309 +5% | $64,000 -4.8% |
| 2013 | $3,153 | $67,200 -25.3% |
| 2011 | -- | $90,000 -0.1% |
| 2010 | -- | $90,100 -7.1% |
| 2009 | -- | $97,000 +41.2% |
| 2007 | -- | $68,700 +27.1% |
| 2006 | -- | $54,039 +3.7% |
| 2005 | -- | $52,111 +3.3% |
| 2004 | -- | $50,447 +6.2% |
| 2002 | -- | $47,493 +3.2% |
| 2001 | -- | $46,021 |
Find assessor info on the county website
Neighborhood: Creston
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Nearby schools
GreatSchools rating
- 2/10Kent Hills SchoolGrades: PK-5Distance: 0.1 mi
- 9/10City High Middle SchoolGrades: 7-12Distance: 0.7 mi
- 8/10Center For EconomicologyGrades: 6Distance: 0.7 mi
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Estimated market value
$440,400
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Estimated market value
$440,400
- Michigan
- Kent County
- Grand Rapids
- 49505
- Creston
- 909 Spencer St NE
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