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  • $350,000

    40 Portsmouth Pl NE, Grand Rapids, MI 49503

    5beds
    3baths
    2,158sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $370,900 Zestimate®
    $162/sqft
    $1,940 Estimated rent

    Home value

    $370,900

    $341,000 - $404,000

    $1,940/mo

    Zestimate® history
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    $1,940/mo

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    $2,147/mo

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    $2,147/mo

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    What's special

    Welcome to a piece of Grand Rapids history, nestled in the heart of the heritage hill historic neighborhood. Whether you're looking to restore this property to its former glory as a single-family home or capitalize on the rental income potential, this home has it. Currently it is set up with 2 separated apartments. The lower unit is a 2 bedroom / 2 bathroom. The upper unit is 3 bedroom / 1 bathroom. Electric and gas are not split. 1 electrical panel & 1 furnace. Both Apt are currently occupied. This home could be converted back to single family with not much work. The exterior was painted last year. 2 off street parking spots with a shared driveway. Spacious backyard with a patio built in & still plenty of green space. Washer & Dryer in the basement.

    Zillow last checked: 8 hours ago

    Listing updated: August 21, 2024 at 02:00pm

    Listed by:

    Lewis Smalligan 616-634-0633,

    Tall Tree Realty and Property Management LLC

    Bought with:

    Drew Denham, 6506047679

    EXP Realty LLC

    Source: MichRIC,MLS#: 24019786MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air
    Features
    • Basement: Michigan Basement
    Interior area
    • Total interior livable area: 2,158 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 3,484 sqft
    • Dimensions: 90 x 40
    Details
    • Parcel number: 411430255010
    • Zoning description: residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Wood Siding
    • Roof: Wood
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Grand Rapids

    Other

    Other facts
    • Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional

    Price history

    DateEventPrice
    8/1/2024Sold$350,000-2.5%$162/sqft
    Source: MichRIC #24019786
    7/10/2024Pending sale$359,000$166/sqft
    Source: MichRIC #24019786
    6/23/2024Price change$359,000-2.7%$166/sqft
    Source: MichRIC #24019786
    6/9/2024Listed for sale$369,000-4.2%$171/sqft
    Source: MichRIC #24019786
    5/13/2024Listing removed--
    Source: MichRIC #24019786

    Public tax history

    YearProperty taxesTax assessment
    2024-- $136,000 +33.7%
    2021$3,017 $101,700 +9%
    2020$3,017 +3.2%$93,300 +11.6%

    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $370,900
    2% more+ $7,418
    With Zillow Showcase(estimated)
    $378,318