1144 Madison Avenue SE & Multiple Properties, Grand Rapids, MI 49507 (MLS# 20001105)

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

Description

A portfolio of 6 multi family properties with 16 units.

More Information MLS# 20001105

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

General Property Info

New Construction: No Lot Dimensions: 0x0 Road Frontage: 0 Cert of Compliance: Yes Waterfront: No Basement: Yes Total # Units: 6 # of Diff Unit Floor Plans: 6 Total # Bldgs: 6 Total Parking Spaces: 0 School District: Grand Rapids Lot Measurement: Acres Year Built: 1900

Tax Info

Taxable Value: 382651 SEV: 388100 For Tax Year: 2019 Seller's Annual Property Tax: 20154.93 Tax Year: 2019 Homestead %: 0 Spec Assessment & Ty: N/A Zoning: VARIOUS Tax ID #: 000000000000

Remarks & Misc

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

Util Avail at Street

None: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Exterior Material

Vinyl Siding: 1 Wood Siding: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1

Substructure

Full: 1 Michigan Basement: 1

Owner Pays

Sewer: 1 Water: 1

Unit 1

Unit Description: 1144 MADISON 4 UNITS SqFt: 2876 Occupied: Yes Monthly Rent: 2909 Bedrooms: 7 Bathrooms: 4

Unit 2

Unit Description: 1130 JACKSON 3 UNITS SqFt: 3024 Occupied: Yes Monthly Rent: 2780 Bedrooms: 6 Bathrooms: 3

Unit 3

Unit Description: 1052 JACKSON 2 UNITS SqFt: 1907 Occupied: Yes Monthly Rent: 1890 Bedrooms: 4 Bathrooms: 2

Unit 4

Unit Description: 1053 FRANKLIN 3 UNIT SqFt: 2508 Occupied: Yes Monthly Rent: 2495 Bedrooms: 4 Bathrooms: 3

Unit 5

Unit Description: 905 CHATHAM 2 UNITS SqFt: 1940 Occupied: Yes Monthly Rent: 1300 Bedrooms: 4 Bathrooms: 2

Unit 6

Unit Description: 1236-1238 GARFIELD SqFt: 1848 Occupied: Yes Monthly Rent: 2225 Bedrooms: 5 Bathrooms: 3

Possession

Subject To Tenant Rights: 1

Location Property Info

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

OfficeContract Info

Status: Sold Current Price: $1,350,000 List Price: $1,500,000 Listing Date: 2020-01-08

Remarks Misc

Directions: N/A

Status Change Info

Under Contract Date: 2020-10-19 Sold Date: 2020-12-18 Sold Price: $1,350,000

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.

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Real Estate Insider ๐Ÿก๐ŸŽฏ
Stay ahead in the real estate journey with insights that matter. Our newsletter is all about helping you save when buying and earn more when selling. Provide your email and text #, and we’ll deliver the knowledge you need. ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡