1144 Madison Avenue SE & Multiple Properties, Grand Rapids, MI 49507

$1,350,000
Property Type: Multi Family Status: Sold
Current Price: $1,500,000 List Date: 1/10/2020 Last Modified: 8/30/2025

Overview

Description

A portfolio of 6 multi family properties with 16 units.

Listing Details MLS# 20001105

Location Property Info

County
Kent
Street #
1144
Street Name
Madison
Suffix
Avenue
Post Direction
SE
State
MI
Zip Code
49507

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
Road Frontage
0
Basement
Yes
Total Parking Spaces
0

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
Homestead %
0

Remarks Misc

Directions
N/A

Status Change Info

Under Contract Date
2020-10-19
Sold Date
2020-12-18

More Information

Access Feat

Accessibility Features
No

Unit 1

Unit Description
1144 MADISON 4 UNITS
SqFt
2876
Occupied
Yes
Monthly Rent
2909
Bathrooms
4

Unit 2

Unit Description
1130 JACKSON 3 UNITS
SqFt
3024
Occupied
Yes
Monthly Rent
2780
Bathrooms
3

Unit 3

Unit Description
1052 JACKSON 2 UNITS
SqFt
1907
Occupied
Yes
Monthly Rent
1890
Bathrooms
2

Unit 4

Unit Description
1053 FRANKLIN 3 UNIT
SqFt
2508
Occupied
Yes
Monthly Rent
2495
Bathrooms
3

Unit 5

Unit Description
905 CHATHAM 2 UNITS
SqFt
1940
Occupied
Yes
Monthly Rent
1300
Bathrooms
2

Unit 6

Unit Description
1236-1238 GARFIELD
SqFt
1848
Occupied
Yes
Monthly Rent
2225
Bathrooms
3

Location & Property Info

Unit #
& Multiple Properties
Cross Streets
N/A
Property Sub-Type
2 to 4 Units
Area
Grand Rapids - G
Municipality
City of Grand Rapids

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
A portfolio of 6 multi family properties with 16 units.

Util Avail at Street

None
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Exterior Material

Vinyl Siding
Yes
Wood Siding
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Tenant Pays

Electric
Yes

Substructure

Full
Yes
Michigan Basement
Yes

Owner Pays

Sewer
Yes
Water
Yes

Possession

Subject To Tenant Rights
Yes

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
IDX
Last Updated: August - 30 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.