Property Type:
Multi Family
Lot Size (sq. ft.):
6,316
Status:
Active
Current Price:
$379,900
List Date:
3/24/2026
Last Modified:
3/24/2026
737 Clancy Avenue NE, Grand Rapids, MI 49503
New Listing
$379,900
Overview
Description
Built in 1892, this all-brick two-unit building is ideally located just a couple of blocks north of Corewell Health on Michigan Ave. Both units feature 2 bedrooms, 1 full bathroom, and private laundry, with gas and electric split so tenants pay their own utilities while the owner covers water and sewer. Leases, disclosures, and operating income statements are attached to the listing. The property offers tons of curb appeal and character, and about 15 years ago it underwent extensive updates including new kitchens, windows, the back half of the roof, and a lower-level furnace, all of which remain in very nice condition. Additional features include a Michigan basement and an oversized one stall garage, currently used by the owner but with potential for additional rental income. With its unbeatable location, this is a must-see, and showings require at least 24 hours' notice for tenants.
Listing Details MLS# 26011513
Location Property Info
- County
- Kent
- Street #
- 737
- Street Name
- Clancy
- Suffix
- Avenue
- Post Direction
- NE
- State
- MI
- Zip Code
- 49503
- Zip (4)
- 1536
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 6316
- Lot Acres
- 0.15
- Lot Dimensions
- 50x126
- Year Built
- 1882
- New Construction
- No
- Financial Available
- No
- Cert of Compliance
- Yes
- Cert. of Compliance Exp Date
- 2026-09-01
- Road Frontage
- 50
- Total # Units
- 2
- # of Diff Unit Floor Plans
- 2
- Total # Bldgs
- Yes
- Total Approx. SqFt All Bldgs
- 2012
- Total Parking Spaces
- 3
- Waterfront
- No
- School District
- Grand Rapids
- Basement
- Yes
Tax Info
- Tax ID #
- 41-14-19-326-025
- Taxable Value
- 60682
- SEV
- 143400
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 3600
- Tax Year
- 2025
- Spec Assessment & Ty
- NA
- Zoning
- Res.Improved
- Homestead %
- 0
Remarks Misc
- Directions
- Michigan Ave. to North on Lafayette, West on Bradford, North on Clancy
Waterfront Options
- Water Access Y/N
- No
More Information
Access Feat
- Accessibility Features
- No
Income and Expenses
- Annual Insurance
- 1300
- Annual Maintenance
- 5200
- Annual Mgmt. Fees
- 5275
- Annual Utilities
- 1555
- Gross Op. Inc.
- 11096
- Net Operating Income
- 28091
Unit 1
- Unit #
- Yes
- Unit Description
- Main floor unit
- SqFt
- 1042
- Occupied
- Yes
- Monthly Rent
- 1245
- Bathrooms
- Yes
- Full Baths
- Yes
- Range Oven
- Yes
- Refrigerator
- Yes
Unit 2
- Unit #
- 2
- Unit Description
- Upstairs unit
- SqFt
- 970
- Occupied
- Yes
- Monthly Rent
- 1295
- Bathrooms
- Yes
- Full Baths
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
Location & Property Info
- Cross Streets
- Michigan Ave/Coit
- 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
- List Price/SqFt
- 188.82
Remarks & Misc
- Public Remarks
- Built in 1892, this all-brick two-unit building is ideally located just a couple of blocks north of Corewell Health on Michigan Ave. Both units feature 2 bedrooms, 1 full bathroom, and private laundry, with gas and electric split so tenants pay their own utilities while the owner covers water and sewer. Leases, disclosures, and operating income statements are attached to the listing. The property offers tons of curb appeal and character, and about 15 years ago it underwent extensive updates including new kitchens, windows, the back half of the roof, and a lower-level furnace, all of which remain in very nice condition. Additional features include a Michigan basement and an oversized one stall garage, currently used by the owner but with potential for additional rental income. With its unbeatable location, this is a must-see, and showings require at least 24 hours' notice for tenants.
- Legal
- LOT 20* MOHRHARD S SUBDIVISION* OF PART OF LOTS 59 & 60 COIT & CURTIS PARTITION PLAT
Street Type
- Paved
- Yes
- Public
- Yes
Util Avail at Street
- None
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Mineral Rights
- Unknown
- Yes
Laundry Features
- In Unit
- Yes
Exterior Material
- Brick
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
- Wall Furnace
- Yes
Air Conditioning
- None
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
- Trash
- Yes
Driveway
- Gravel
- Yes
Substructure
- Michigan Basement
- Yes
Extras
- Garages
- Yes
- Sep Electric Meter
- Yes
- Sep Gas Meter
- Yes
Owner Pays
- Sewer
- Yes
- Water
- Yes
Possession
- Subject To Tenant Rights
- Yes
Property Features
Laundry Features:
In Unit
Exterior Material:
Brick
Substructure:
Michigan Basement
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street:
None
Extras:
Garages; Sep Electric Meter; Sep Gas Meter
Owner Pays:
Sewer; Water
Tenant Pays:
Electric; Gas; Trash
Heat Source:
Natural Gas
Heat Type:
Forced Air; Wall Furnace
Air Conditioning:
None
Driveway:
Gravel
Street Type:
Paved; Public
Mineral Rights:
Unknown
Terms Available:
Cash; Conventional
Possession:
Subject To Tenant Rights
Sale Conditions:
None
Unit 1:
Range Oven; Refrigerator
Unit 2:
Range/Oven; Refrigerator
Listing Office:
Apex Realty Group
Listing Agent:
David P Kooistra
Last Updated: March - 24 - 2026
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