714 & 716 Butterworth features two homes on one lot with great rental history to GVSU students. Tenant leases in effect until 9/30/25 and 7/31/25. Recent updates include new roof in 2022, water heaters in 2013/2024, windows 2010, furnace 2013, electrical upgrades 2013. 716 Butterworth: This spacious home offers 4 bedrooms and 1.5 bathrooms, currently generating $2,000 per month in rent.714 Butterworth: A well-maintained residence with 3 bedrooms and 1.5 bathrooms, bringing in $1,575 per month. Located in a prime rental area, this property is ideally situated near Grand Valley State University and downtown Grand Rapids. Both units boast strong rental histories and are positioned close to significant new developments.
Property Details
Property Features
Property Information:
Year Built: 1890
Listing Office:
Office Name: Keystone Home Group Realty LLC
Office Phone: (616) 201-1787
Listing Agent: Jordan P Painter
Interior Features
Interior Information:
Basement: Yes
Interior: Laundry Facility
Lot Features
Lot Information:
Lot Size: 0.22 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
Shawmut Hills School, Public District Grades KG-6
Other
Directions Information:
Directions: Take I-196 W to Market Ave SW in Grand Rapids. Take exit 85A from US-131 S Merge onto I-96 W Keep left to continue on I-196 W, follow signs for Downtown Gd Rpds/Holland/G R Ford Fwy Use the left lane to take exit 77B to merge onto US-131 S toward Kalamazoo, Take exit 85A for Market Ave, Continue on Market Ave SW. Take Wealthy St SW to Butterworth St SW.
Price Information
Listing Price Info
Price Summary:
List Price: $364,900
Tax Information:
Annual Amount: $2,335
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Grand Rapids, MI.
This property is $58.4K 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: Greater Regional Alliance of REALTORS®
MLS Number: #65024045388
Listing Office:
Office Name: Keystone Home Group Realty LLC
Office Phone: (616) 201-1787
Listing Agent: Jordan P Painter
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,889
Per Month
Principal & Interest
$1,822
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,160
Powered By
NMLS#3030
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.
Elementary School
4
/10
Shawmut Hills School
2550 Burritt St NW
Distance between this listing and this school2.42 miles
Public District Grades KG-6
Middle School
4
/10
Westwood Middle School
1525 Mount Mercy Dr NW
Distance between this listing and this school1.49 miles
Public District Grades 6-8
High School
6
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school1.01 miles
Public Magnet Grades 6-12
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school2.66 miles
Public Magnet Grades 7-12
Assigned Schools
4
/10
Shawmut Hills School
2550 Burritt St NW
Distance between this listing and this school2.42 miles
Public District Grades KG-6
Nearby Schools
4
/10
Sibley School
947 Sibley St NW
Distance between this listing and this school0.59 miles
Public District Grades PK-5
8
/10
Grand Rapids Child Discovery Center
409 Lafayette Ave SE
Distance between this listing and this school1.21 miles
Public Charter Grades KG-5
Assigned Schools
4
/10
Westwood Middle School
1525 Mount Mercy Dr NW
Distance between this listing and this school1.49 miles
Public District Grades 6-8
Nearby Schools
4
/10
Southwest Community Campus School
801 Oakland Ave SW
Distance between this listing and this school0.74 miles
Public Magnet Grades KG-8
5
/10
John Ball Park Zoo School
1300 Fulton St W
Distance between this listing and this school0.90 miles
Public Magnet Grades 6-6
Assigned Schools
6
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school1.01 miles
Public Magnet Grades 6-12
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school2.66 miles
Public Magnet Grades 7-12
Nearby Schools
1
/10
Covenant House Academy Grand Rapids
50 Antoine St SW
Distance between this listing and this school1.18 miles
The neighbors living near this home have an average income of $18,707. The majority of Grand Rapids, MI residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
This home is located at 714 Butterworth St SW in Grand Rapids, MI and zip code 49504 in the South West Area Neighbors neighborhood. This home, which was built in 1890, sits on a 0.22 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $364,900.
In September 2024 more than 121 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 121 were sold below. In September 2024 in Grand Rapids, MI there were 3% less homes for sale than in August 2024. In September 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $306,457.
From Rocket Homes Real Estate and based on county public records data.