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Off market
  • $342,200

    942 Madison Ave SE, Grand Rapids, MI 49507

    4beds
    4baths
    2,432sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $342,200 Zestimate®
    $141/sqft
    $1,520 Estimated rent

    Home value

    $342,200

    $318,000 - $366,000

    $1,520/mo

    Zestimate® history
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    $2,167/mo

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    What's special

    Very well maintained 4-unit house with several improvements including a new roof and water heater in 2017. All units are 1 bedroom and have long term tenants. Shared basement access with coin operated washer and dryer are provided by a service that will generate additional income. 2 car detached garage with off street parking and city certified until 04/27/2023.

    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
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced air, Electric, Gas
    Cooling
    • None
    Appliances
    • Laundry: Laundry Facility
    Features
    • Basement: Michigan Basement
    Interior area
    • Total interior livable area: 2,432 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    Features
    • Exterior features: Wood
    • Frontage length: 44.00
    Lot
    • Size: 6,229 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 411431405004
    • Zoning: RES

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1900

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $141/sqft
    • Tax assessed value: $265,200
    • Annual tax amount: $5,191
    • Total actual rent: 2480
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    4/24/2020Sold$233,500+8.7%$96/sqft
    Source: MichRIC #20008348 Report a problem
    3/5/2020Listed for sale$214,900+329.8%$88/sqft
    Source: Keystone Home Group Realty LLC #20008348 Report a problem
    5/1/2014Sold$50,000$21/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,191 $132,600 +4.5%
    2024-- $126,900 +57.8%
    2021$1,170 $80,400 +15%
    2020$1,170 +3.2%$69,900 +15.5%
    2019$1,134 $60,500 +16.3%
    2018-- $52,000 +33.3%
    2017$1,112 $39,000 +13.4%
    2016$1,112 $34,400
    2015$1,112 +5%$34,400 +0.6%
    2013$1,060 $34,200 -18.2%
    2011-- $41,800 -13.5%
    2010-- $48,300 -6.6%
    2009-- $51,700 +97.3%
    2007-- $26,200 +48.6%
    2006-- $17,635 +3.7%
    2005-- $17,006 +3.3%
    2004-- $16,463 +6.2%
    2002-- $15,500 +51.5%
    2001-- $10,228
    Find assessor info on the county website

    Neighborhood: South East Community

    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
    $342,200
    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
    $342,200