Active

$323,000

823 McReynolds Ave NW, Grand Rapids, MI 49504

6beds

2baths

1,890sqft

$2,278/mo

Get pre-qualified

2 to 4 Units

Built in 1885

-- sqft lot

$313,900 Zestimate^®

$171/sqft

$-- HOA

What's special

Detached garageTwo additional parking spacesVinyl-sided two-unitConvenient alley access

Grand Rapids Two-Unit - Long-Term Tenants in Place Solid, low-maintenance investment opportunity in Grand Rapids. This vinyl-sided two-unit offers upper and lower apartments, each with 3 bedrooms and 1 bath. Utilities are split between units for easy management. Both units feature long-term, stable tenants. Convenient alley access leads to a detached garage plus two additional parking spaces. Basement offers shared laundry hookups and extra storage for both units, with additional storage available in the garage. This property just passed the Grand Rapids rental certification. A great addition to any workforce housing portfolio, offering proven occupancy history and dependable, established tenants who know and maintain the property. Lease terms: one unit runs through 10/31/26, the other through 4/31/27.

3 days

158

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Laundry: In Basement

Features

Basement: Michigan Basement,Partial

Interior area

Total interior livable area: 1,890 sqft

Property

Parking

Total spaces: 2

Lot

Size: 4,791 Square Feet
Dimensions: 40*122

Details

Parcel number: 411324155020

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1885

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $71,197
Annual tax amount: $3,753
Date on market: 8/12/2026
Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional,Contract
Tenant pays: Electricity, Gas
Electric utility on property: Yes

Estimated market value

$313,900

$298,000 - $330,000

$1,596/mo

Price history

Date	Event	Price
8/12/2026	Listed for sale	$323,000+118.2%$171/sqft
Source: MichRIC #26042168 Report a problem
2/12/2019	Sold	$148,000+5.8%$78/sqft
Source: MichRIC #19002520 Report a problem
1/18/2019	Listed for sale	$139,900+48%$74/sqft
Source: Compass Realty Services #19002520 Report a problem
11/9/2017	Listing removed	$94,499$50/sqft
Source: RE/MAX Lakeshore #17053309 Report a problem
10/25/2017	Price change	$94,499+19.6%$50/sqft
Source: RE/MAX Lakeshore #17053309 Report a problem
9/14/2017	Price change	$79,000-6.9%$42/sqft
Source: RE/MAX Lakeshore #17042609 Report a problem
8/22/2017	Listed for sale	$84,900-5.6%$45/sqft
Source: RE/MAX Lakeshore #17042609 Report a problem
7/5/2006	Sold	$89,900$48/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,581	$110,500 +11.1%
2024	--	$99,500 +47%
2021	$2,540	$67,700 +13.2%
2020	$2,540 +70.5%	$59,800 +25.6%
2019	$1,490	$47,600 +23%
2018	--	$38,700 +18.3%
2017	$1,835	$32,700 +10.1%
2016	$1,835	$29,700
2015	$1,835 -33.4%	$29,700 +6.8%
2013	$2,757	$27,800 -24.7%
2011	--	$36,900 -15.6%
2010	--	$43,700 -11.9%
2009	--	$49,600 +14.8%
2007	--	$43,200 -2.9%
2006	--	$44,500 +38.5%
2005	--	$32,135 +3.3%
2004	--	$31,109 +6.2%
2002	--	$29,288 +3.2%
2001	--	$28,380