Introducing a fantastic multi-unit property featuring two homes, each boasting 4 bedrooms and 2 bathrooms. Both homes are situated on a single property and are currently generating a solid rental income of $1,500 per month. With modern updates throughout, this property offers a great investment opportunity in a prime location. Perfect for investors seeking consistent rental returns with high-quality renovations. Don't miss out on this excellent income-producing asset!
Property Details
Property Features
Property Information:
Year Built: 1890
Listing Office:
Office Name: Ensley Real Estate
Office Phone: (616) 696-7653
Listing Agent: Laura E Ensley
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Concrete, Paved
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
Other
Directions Information:
Directions: From the Alpine & Leonard intersection: South on Alpine to 11th St. East on 11th approx. 5 blocks to Quarry. North on Quarry 1/2 block to Home
Price Information
Listing Price Info
Price Summary:
List Price: $350,000
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Housing Market Comparison
See how this home compares to others in Grand Rapids, MI.
This property is $39.9K more than the Median Sold Price in Grand Rapids, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: West Central Association of REALTORS
MLS Number: #72024056756
Listing Office:
Office Name: Ensley Real Estate
Office Phone: (616) 696-7653
Listing Agent: Laura E Ensley
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We're sorry, we currently don't have sales or tax history data for this listing.
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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.
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Nearby Schools
4
/10
Stocking Elementary School
863 7th St NW
Distance between this listing and this school0.50 miles
Public District Grades PK-5
3
/10
Coit Creative Arts Academy
617 Coit Ave NE
Distance between this listing and this school0.97 miles
Public District Grades PK-5
4
/10
Sibley School
943 Sibley St NW
Distance between this listing and this school1.11 miles
Public District Grades PK-5
Nearby Schools
2
/10
Harrison Park Academy
1440 Davis Ave NW
Distance between this listing and this school0.61 miles
Public District Grades PK-8
3
/10
Grand Rapids Public Museum Middle School
272 Pearl St NW
Distance between this listing and this school1.14 miles
Public District Grades 6-8
8
/10
Center for Economicology
1720 Plainfield Ave NE
Distance between this listing and this school1.32 miles
Public District Grades 6-6
Nearby Schools
2
/10
Nextech High School
801 Broadway Ave NW
Distance between this listing and this school0.26 miles
Public Charter Grades 9-12
9
/10
City Middlehigh
1720 Plainfield Ave NE
Distance between this listing and this school1.32 miles
Public District Grades 7-12
7
/10
Grand Rapids Montessori Middlehigh
421 Fountain St NE
Distance between this listing and this school1.58 miles
The neighbors living near this home have an average income of $31,795. The majority of Grand Rapids, MI residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 1011 NW Quarry Ave in Grand Rapids, MI and zip code 49504 in the West Grand neighborhood. This home, which was built in 1890, sits on a 0.10 acre lot. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $350,000.
Over 93 listings were sold over their listed price in November 2024 in Grand Rapids, MI. In the same period over 122 listings were sold below the listed price and 62 listings were sold for the listed price. The inventory of homes for sale in Grand Rapids, MI between October 2024 and November 2024 decreased by 10.4%. The median list price of listings available in November 2024 was $310,027, while the average time on the real estate market was 22 days.
From Rocket Homes Real Estate and based on county public records data.