Welcome to 741 3rd Street! This one owner multi-unit is located within the thriving northwest side business district. The property boasts of 3 fully occupied leases, two 1 bedroom 1 bathroom units, as well as a spacious 2 bedroom 1 bathroom unit. The basement is a great space for future washer/dryer connection or unit storage. There are 4 off-street parking spots available, and a good size outdoor storage shed. The roof features a metal shingle, and is only a few years in age. This is a great long term investment with the continued growth happening within the City of Grand Rapids. Offer deadline is set for 4/22/2024 at 2pm.
Property Details
Property Features
Property Information:
Year Built: 1890
Listing Office:
Office Name: Kilner Group Realty
Office Phone: (616) 498-8251
Listing Agent: Jacob Rolf
Interior Features
Interior Information:
Basement: Yes
Interior: Other, Cable Available
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
School Info
Assigned Schools Information:
Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
City Middle/High School, Public Magnet Grades 7-12
Westwood Middle School, Public District Grades 6-8
Other
Directions Information:
Directions: Take Stocking Ave NW to 3rd St and park on road or in driveway.
Price Information
Listing Price Info
Price Summary:
List Price: $285,000
Tax Information:
Annual Amount: $1,370
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Grand Rapids, MI.
This property is $15K less than the Median Sold Price in Grand Rapids, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Regional Alliance of REALTORS®
MLS Number: #65024018181
Listing Office:
Office Name: Kilner Group Realty
Office Phone: (616) 498-8251
Listing Agent: Jacob Rolf
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
2
/10
Westwood Middle School
1525 Mount Mercy Dr NW
Distance between this listing and this school1.03 miles
Public District Grades 6-8
High School
3
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school1.76 miles
Public Magnet Grades 6-12
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school1.93 miles
Public Magnet Grades 7-12
Nearby Schools
7
/10
Stocking Elementary School
863 7th St NW
Distance between this listing and this school0.31 miles
Public Magnet Grades PK-5
3
/10
Sibley School
947 Sibley St NW
Distance between this listing and this school0.50 miles
Public District Grades PK-5
4
/10
Coit Arts Academy
617 Coit Ave NE
Distance between this listing and this school1.14 miles
Public District Grades KG-5
Assigned Schools
2
/10
Westwood Middle School
1525 Mount Mercy Dr NW
Distance between this listing and this school1.03 miles
Public District Grades 6-8
Nearby Schools
5
/10
Harrison Elementary School
1440 Davis Ave NW
Distance between this listing and this school1.10 miles
Public Magnet Grades PK-8
4
/10
John Ball Park Zoo School
1300 Fulton St W
Distance between this listing and this school1.11 miles
Public Magnet Grades 6-6
Assigned Schools
3
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school1.76 miles
Public Magnet Grades 6-12
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school1.93 miles
Public Magnet Grades 7-12
Nearby Schools
3
/10
Nexus Academy of Grand Rapids
801 Broadway Ave NW
Distance between this listing and this school0.46 miles
The neighbors living near this home have an average income of $28,814. Most Grand Rapids, MI residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 741 3rd St NW in Grand Rapids, MI and zip code 49504 in the West Grand neighborhood. This home, which was built in 1890, sits on a 0.09 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $285,000.
While more than 173 listings in Grand Rapids, MI in April 2024 were sold above asking price, there were more than 45 listings sold at asking price, and more than 60 were sold below. The inventory of homes for sale in Grand Rapids, MI between March 2024 and April 2024 increased by 17.4%. In April 2024, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $300,000.
From Rocket Homes Real Estate and based on county public records data.