Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper Unit: 2 bedroom, 1 bath current rent is $1,100 per month. Unit 2: Lower: 3 bedroom, 1 bath, current rent is $1,000 per month. Total rents are $2,100 per month. Each unit has a kitchen with eating area. Large backyard, and off street parking. 2 new furnaces and 2 new water heaters Separate utilities. Property is near a major bus line. Tenant rights apply. 24 hour notice for all showings. Pre-approval letters or proof of funds required by seller before any showings are approved. Seller has 2 other properties for sale. MLS 24015903 & MLS 24015907
Property Details
Property Features
Property Information:
Year Built: 1900
Listing Office:
Office Name: Five Star Real Estate (Grandv)
Office Phone: (616) 257-1500
Listing Agent: David VanDam
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Paved
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas, Space Heater(s)
Other
Directions Information:
Directions: Take Kalamazoo north of Hall to to Oakhill. Turn west on Oakhill. Property on Northside of the road.
Price Information
Listing Price Info
Price Summary:
List Price: $199,900
Tax Information:
Annual Amount: $1,223
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Grand Rapids, MI.
This property is $110.1K 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: #65024015981
Listing Office:
Office Name: Five Star Real Estate (Grandv)
Office Phone: (616) 257-1500
Listing Agent: David VanDam
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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
1
/10
Campus Elementary School
710 Benjamin Ave SE
Distance between this listing and this school0.65 miles
Public District Grades PK-5
8
/10
Grand Rapids Child Discovery Center
409 Lafayette Ave SE
Distance between this listing and this school1.15 miles
Public Charter Grades KG-5
6
/10
Congress Elementary School
940 Baldwin St SE
Distance between this listing and this school1.22 miles
Public District Grades PK-5
Nearby Schools
1
/10
River City Scholars Charter Academy
944 Evergreen St SE
Distance between this listing and this school0.53 miles
Public Charter Grades PK-8
5
/10
Gerald R Ford Academic Center
851 Madison Ave SE
Distance between this listing and this school0.72 miles
Public District Grades PK-8
3
/10
Martin Luther King Leadership Academy
645 Logan St SE
Distance between this listing and this school0.80 miles
Public District Grades PK-8
Nearby Schools
1
/10
Southeast Career Pathways
1356 Jefferson Ave SE
Distance between this listing and this school0.93 miles
Public District Grades 9-12
3
/10
Hope Academy of West Michigan
240 Brown St SE
Distance between this listing and this school1.13 miles
Public Charter Grades PK-12
1
/10
Covenant House Academy Grand Rapids
50 Antoine St SW
Distance between this listing and this school1.20 miles
The neighbors living near this home have an average income of $33,056. Most Grand Rapids, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
This home is located at 915 Oakhill St SE in Grand Rapids, MI and zip code 49507 in the South East End neighborhood. This home, which was built in 1900, sits on a 0.10 acre lot. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $199,900.
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%. In November 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $310,027.
From Rocket Homes Real Estate and based on county public records data.