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  • $620,000

    103 Peony St SW, Grand Rapids, MI 49548

    8beds
    8baths
    3,200sqft
    2 to 4 Units
    Built in 1984
    -- sqft lot
    $660,600 Zestimate®
    $194/sqft
    $1,685 Estimated rent

    Home value

    $660,600

    $608,000 - $720,000

    $1,685/mo

    Zestimate® history
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    What's special

    Welcome to 103 Peony St, a unique townhouse styled 4-unit multi-family located in Byron Twp. Each updated private townhome apartment includes 2 bedrooms with a full bath upstairs, a large eat-in kitchen, living area, and 1/2 bath on the main level, and a private basement with full size washer and dryer. Each unit offers private front and back entrances, patios and off street parking. All 4 townhomes are currently leased through 09/30/2024. Tenants pay water, electric, and gas. Monthly rent revenue is $6,205. Owner covers lawncare, snowplowing, trash, and pays water for unit 107 only ($20. mo) Please use Showingtime. All units will be availble for inspections after accepted offer. SEE ADDITIONAL COMMENTS ... A complete upgrades and features sheet is available under "Documents". Monthly per unit rents are listed in the per unit information section , and on the features sheet. Reminder - this is a fully leased property. Please do not disturb tenants. Offers presented as received. Property is located in Buck's Creek floodplain. All units will be available for inspection after accepted offer. Listing Agent is related to a member of 103 Peony LLC

    Zillow last checked: 8 hours ago

    Listing updated: October 30, 2025 at 12:00pm

    Listed by:

    Mindy A Cartwright 239-450-5383,

    Greenridge Realty (EGR)

    Bought with:

    Sherri L Keen, 6506047819

    Weichert REALTORS Plat (Main)

    Source: MichRIC,MLS#: 24017000MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: In Unit, Lower Level
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 3,200 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Asphalt, Driveway
    Lot
    • Size: 0.28 Acres
    • Features: Wetland Area
    Details
    • Parcel number: 412101228010
    • Zoning description: 401 Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Aluminum Siding, Concrete
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & neighborhood

    Location
    • Region: Grand Rapids

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/24/2024Sold$620,000-3.9%$194/sqft
    Source: MichRIC #24017000
    5/7/2024Pending sale$645,000$202/sqft
    Source: MichRIC #24017000
    4/24/2024Listed for sale$645,000$202/sqft
    Source: MichRIC #24017000
    4/17/2024Pending sale$645,000$202/sqft
    Source: MichRIC #24017000
    4/11/2024Price change$645,000+40.2%$202/sqft
    Source: MichRIC #24017000

    Public tax history

    YearProperty taxesTax assessment
    2024-- $126,000 +58.9%
    2021$3,134 $79,300 +6.3%
    2020$3,134 -5.6%$74,600 +12.9%

    Find assessor info on the county website

    Neighborhood: 49548

    Nearby schools

    GreatSchools rating
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    $660,600
    2% more+ $13,212
    With Zillow Showcase(estimated)
    $673,812