727-729 Prospect Avenue SE, Grand Rapids, MI 49503

$435,000
Property Type: Multi Family Lot Size (sq. ft.): 10,280 Status: Sold
Current Price: $439,900 List Date: 9/03/2025 Last Modified: 12/06/2025

Description

Say Hello to this spacious duplex renovated from top to bottom over the years and located in historic South Hill, just outside of Heritage Hill. Close to downtown GR, Trinity, Mary Free Bed, Wealthy St Happenings and bus lines. Over 3,000 sq ft of pure elegance. Both units with 3 bedrooms, 1 1/2 baths, wood flooring & in unit laundry, Main floor with several pocket doors, ornate woodwork, tall ceilings, LR w/FP, spacious rooms, walk in closet & ornate woodwork, Upper unit w/wood flooring, in unit laundry, 3 bedrooms, 1 1/2 baths & offers 4th bedroom or office. Plenty of off street parking in rear. New boiler on main floor, upper has F/A furnace. Windows, drywall, fixtures, electrical all have been updated. This lovely home combines the elegant style of late 1800's with today's modern convenience and safety features. Great owner occupied or add to your portfolio. Lower unit easy to see, upper need notice. Do not miss this opportunity!

More Information MLS# 25045054

Location & Property Info

Cross Streets: Franklin and Prospect Property Sub-Type: 2 to 4 Units Municipality: City of Grand Rapids Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: 71x145 Road Frontage: 71 Cert of Compliance: Yes Waterfront: No Basement: Yes Total # Units: 2 # of Diff Unit Floor Plans: 2 Total # Bldgs: 1 Total Parking Spaces: 4 School District: Grand Rapids Lot Measurement: Acres Lot Square Footage: 10280 Lot Acres: 0.24 Year Built: 1890

Tax Info

Taxable Value: 65849 SEV: 194300 For Tax Year: 2024 Seller's Annual Property Tax: 3403 Tax Year: 2025 Homestead %: 0 Spec Assessment & Ty: none Zoning: res Tax ID #: 41-14-31-182-026

Remarks & Misc

Public Remarks: Say Hello to this spacious duplex renovated from top to bottom over the years and located in historic South Hill, just outside of Heritage Hill. Close to downtown GR, Trinity, Mary Free Bed, Wealthy St Happenings and bus lines. Over 3,000 sq ft of pure elegance. Both units with 3 bedrooms, 1 1/2 baths, wood flooring & in unit laundry, Main floor with several pocket doors, ornate woodwork, tall ceilings, LR w/FP, spacious rooms, walk in closet & ornate woodwork, Upper unit w/wood flooring, in unit laundry, 3 bedrooms, 1 1/2 baths & offers 4th bedroom or office. Plenty of off street parking in rear. New boiler on main floor, upper has F/A furnace. Windows, drywall, fixtures, electrical all have been updated. This lovely home combines the elegant style of late 1800's with today's modern convenience and safety features. Great owner occupied or add to your portfolio. Lower unit easy to see, upper need notice. Do not miss this opportunity! Legal: LOT 7 BLK 8 ALSO N 21.25 FT OF LOT 8 BLK 8 * J PENNEYS ADDITION

Waterfront Options

Water Access Y/N: No

Lot Description

Sidewalk: 1

Street Type

Public: 1

Util Avail at Street

Cable Available: 1 High Speed Internet: 1 Phone Available: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Mineral Rights

Unknown: 1

Laundry Features

In Unit: 1 Main Level: 1 Upper Level: 1

Exterior Material

Wood Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1 Radiant: 1

Air Conditioning

None: 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1 Gas: 1

Driveway

Concrete: 1 Gravel: 1

Substructure

Michigan Basement: 1

Extras

Sep Electric Meter: 1 Sep Gas Meter: 1

Owner Pays

Sewer: 1 Trash Collection: 1 Water: 1

Unit 1

Unit #: 727 Unit Description: Upper SqFt: 1500 Occupied: Yes Monthly Rent: 1680 Bedrooms: 4 Bathrooms: 2 Full Baths: 1 Half Baths: 1 Deck/Patio: 1 Dishwasher: 1 Range Oven: 1 Refrigerator: 1 Sep. Heat System: 1 W/D Hookup: 1 Washer/Dryer: 1

Unit 2

Unit #: 729 Unit Description: Main SqFt: 1584 Occupied: No Monthly Rent: 1920 Bedrooms: 3 Bathrooms: 2 Full Baths: 1 Half Baths: 1 Deck/Patio: 1 Dishwasher: 1 Fireplace: 1 Garb Disp: 1 Range/Oven: 1 Refrigerator: 1 Sep. Heat System: 1 W/D Hookup: 1 Washer/Dryer: 1

Possession

Close Of Escrow: 1

Location Property Info

County: Kent Street #: 727-729 Street Name: Prospect Suffix: Avenue Post Direction: SE State: MI Zip Code: 49503 Zip (4): 5343 Area: Grand Rapids - G

OfficeContract Info

Status: Sold Current Price: $435,000 List Price: $439,900 Listing Date: 2025-09-03

Remarks Misc

Directions: Franklin East of Lafayette to North on Prospect

Status Change Info

Under Contract Date: 2025-09-09 Sold Date: 2025-11-10 Sold Price: $435,000

Property Features

Laundry Features: In Unit; Main Level; Upper Level Exterior Material: Wood Siding Roofing: Composition Substructure: Michigan Basement Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; High Speed Internet; Phone Available Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air; Radiant Air Conditioning: None Driveway: Concrete; Gravel Street Type: Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Deck/Patio; Dishwasher; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer Unit 2: Deck/Patio; Dishwasher; Fireplace; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Listing Office: Pro Real Estate Services LLC
Listing Agent: Aurelia R Becker
IDX
Last Updated: December - 06 - 2025
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