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Off market
  • $282,200

    918 Watson St SW, Grand Rapids, MI 49504

    --beds
    0baths
    1,560sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $282,200 Zestimate®
    $181/sqft
    $1,485 Estimated rent

    Home value

    $282,200

    $260,000 - $308,000

    $1,485/mo

    Zestimate® history
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    What's special

    If you are looking for a 3 unit multi-family investment property, then look no further. Fully rented, this property is perfect for college students as it is close to downtown and the GVSU campus. Being one bedroom units, these rent easily and have historically had low vacancy rates. It currently carries a city certification that is good until 2023. It also boasts vinyl siding, newer water heater, as well as new pavement on part of the driveway and walkways. All units have been updated slightly each turn. Gross rents are $1,923 per month ($23,076 per year). Landlord covers water and lawn care, as well as gas for unit #2, which includes the water heater for all three units.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Appliances
    • Included: Refrigerator
    Interior area
    • Total interior livable area: 1,560 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 6,534 sqft
    Details
    • Parcel number: 411326435002

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Grand Rapids

    Other

    Other facts
    • Driveway: Paved
    • Lot Description: Level, Sidewalk
    • Sewer: Public
    • Util Avail at Street: Telephone Line, Electric, Public Sewer, Public Water
    • Terms Available: Cash/Conventional
    • Utilities Attached: Electric
    • Owner Pays: Sewer, Gas, Water
    • Tenant Pays: Gas, Electric, Trash
    • Water: Public
    • Cert of Compliance: Yes
    • Unit 1: Range Oven
    • Unit 2: Range/Oven
    • Extras: Garages
    • Lot Measurement: Acres
    • Property Sub-Type: 2 to 4 Units
    • Occupant Type: Tenant
    • Unit 3: Range/Oven
    • Auction or For Sale: For Sale
    • Unit 1: Occupied: Yes
    • Unit 2: Occupied: Yes
    • Unit 3: Occupied: Yes
    • Financial Available: %
    • Roofing: Composition
    • Exterior Material: Vinyl Siding

    Price history

    DateEventPrice
    5/22/2018Sold$160,000-5.3%$103/sqft
    Source: MichRIC #18007272 Report a problem
    4/5/2018Price change$169,000-5.1%$108/sqft
    Source: Greenridge Realty (Summit) #18007272 Report a problem
    3/1/2018Listed for sale$178,000-3.8%$114/sqft
    Source: Greenridge Realty (Summit) #18007272 Report a problem
    7/20/2017Listing removed$185,000$119/sqft
    Source: Greenridge Realty (Summit) #17012097 Report a problem
    4/15/2017Price change$185,000-5.1%$119/sqft
    Source: Greenridge Realty (Summit) #17012097 Report a problem
    3/24/2017Listed for sale$195,000+50%$125/sqft
    Source: Greenridge Realty (Summit) #17012097 Report a problem
    1/5/2016Listing removed$130,000$83/sqft
    Source: Michigan Regional Information Center, LLC #15051409 Report a problem
    11/9/2015Price change$130,000+18.2%$83/sqft
    Source: United Properties of West Mich #15051409 Report a problem
    9/24/2015Listed for sale$110,000+98.2%$71/sqft
    Source: United Properties of West Mich #15051409 Report a problem
    12/13/2012Sold$55,500-17.2%$36/sqft
    Source: MichRIC #12039374 Report a problem
    7/18/2012Listed for sale$67,000-4.1%$43/sqft
    Source: Greenridge Realty Inc. #12039374 Report a problem
    6/5/2012Listing removed$69,900$45/sqft
    Source: Greenridge Realty Inc. #11063564 Report a problem
    1/4/2012Price change$69,900-4.1%$45/sqft
    Source: Greenridge Realty Inc. #11063564 Report a problem
    12/7/2011Listed for sale$72,900-8.8%$47/sqft
    Source: Greenridge Realty Inc. #11063564 Report a problem
    7/5/2011Listing removed$79,900$51/sqft
    Source: Greenridge Realty Inc. #11011385 Report a problem
    3/5/2011Listed for sale$79,900+14.1%$51/sqft
    Source: Greenridge Realty Inc. #11011385 Report a problem
    11/16/2007Sold$70,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,892 $107,700 +9.9%
    2024-- $98,000 +63.6%
    2021$3,014 $59,900 +10.1%
    2020$3,014 +89.1%$54,400 +14.8%
    2019$1,593 $47,400 +29.2%
    2018-- $36,700 +25.7%
    2017$1,387 $29,200 -3.3%
    2016$1,387 $30,200
    2015$1,387 +4.1%$30,200 +5.6%
    2013$1,332 $28,600 -17.6%
    2011-- $34,700 -7.7%
    2010-- $37,600 -11.5%
    2009-- $42,500 +24.3%
    2007-- $34,200 +68.6%
    2006-- $20,282 +3.7%
    2005-- $19,559 +3.3%
    2004-- $18,935 +6.2%
    2002-- $17,827 +3.2%
    2001-- $17,275

    Find assessor info on the county website

    Neighborhood: Southwest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Grand Rapids

    Source: The MLS. 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
    $282,200
    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
    $282,200