$1,350,000
Grand Rapids, MI 49507
MLS# 20001105
Status: Sold
1 / 1
Property Description
A portfolio of 6 multi family properties with 16 units.
Details
Maps
Location Property Info
County: Kent
Street #: 1144
Street Name: Madison
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49507
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $1,350,000
List Price: $1,500,000
Listing Date: 2020-01-08
General Property Info
Lot Measurement: Acres
Lot Dimensions: 0x0
Year Built: 1900
New Construction: No
Cert of Compliance: Yes
Total # Units: 6
# of Diff Unit Floor Plans: 6
Total # Bldgs: 6
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 000000000000
Taxable Value: 382651
SEV: 388100
For Tax Year: 2019
Seller's Annual Property Tax: 20154.93
Tax Year: 2019
Spec Assessment & Ty: N/A
Zoning: VARIOUS
Remarks Misc
Directions: N/A
Status Change Info
Under Contract Date: 2020-10-19
Sold Date: 2020-12-18
Sold Price: $1,350,000
Access Feat
Accessibility Features: No
Unit 1
Unit Description: 1144 MADISON 4 UNITS
SqFt: 2876
Occupied: Yes
Monthly Rent: 2909
Bedrooms: 7
Bathrooms: 4
Unit 2
Unit Description: 1130 JACKSON 3 UNITS
SqFt: 3024
Occupied: Yes
Monthly Rent: 2780
Bedrooms: 6
Bathrooms: 3
Unit 3
Unit Description: 1052 JACKSON 2 UNITS
SqFt: 1907
Occupied: Yes
Monthly Rent: 1890
Bedrooms: 4
Bathrooms: 2
Unit 4
Unit Description: 1053 FRANKLIN 3 UNIT
SqFt: 2508
Occupied: Yes
Monthly Rent: 2495
Bedrooms: 4
Bathrooms: 3
Unit 5
Unit Description: 905 CHATHAM 2 UNITS
SqFt: 1940
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 4
Bathrooms: 2
Unit 6
Unit Description: 1236-1238 GARFIELD
SqFt: 1848
Occupied: Yes
Monthly Rent: 2225
Bedrooms: 5
Bathrooms: 3
Property Features
Exterior Material: Vinyl Siding; Wood Siding
Substructure: Full; Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: None
Owner Pays: Sewer; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Listing Office: Five Star Real Estate (Casc) - I
Listing Agent: Hyuntae Yun
Last Updated: August - 30 - 2025
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