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Image 1 - 1402 North Ave NE, Grand Rapids, Michigan, 49505 - House for sale
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North Ave Ne, Grand Rapids, Home For Sale
1402 North Ave NE, Grand Rapids, Michigan, 49505

North Ave Ne, Grand Rapids, Home For Sale

house for sale
Listed: 07/01/24

1402 North Ave NE, Grand Rapids, Michigan, 49505

Studio Bed:
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Price
$ 360,000

About This House

Address: 1402-1404North NE This property is a rare opportunity offering three units: a duplex and a fully renovated single-family property. Perfect for house hacking or investing. Unit Breakdown 1404 (Single-Family Home) Renovation: Fully renovated to the studs in 2022. Features: All brand-new stainless steel appliances. New HVAC and central air. Fully updated electrical, plumbing, and windows. Current Rent: $1, 600per month (below market). 1402 (Duplex) Lower Unit: 2 bedrooms, 2 bathrooms. Current Rent: $900 per month. Upper Unit: 1 bedroom, 1 bathroom. Current Rent: $1, 000per month. Current Rent Total: $1, 900per month (combined for both units).

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Grand Rapids Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Grand Rapids, United States averaged $227,358, an increase of 0.2% from the previous month.
Median price trends for properties for sale in Grand Rapids, United States as of June 2024.

Household Income

Median household income: $44,369
Number of households: 73,434
The average household income in Grand Rapids, MI grew from $42,019 to $44,369 in the past year. This data is an estimate based upon 73,434 households in Grand Rapids, MI.
The chart below presents how household income is distributed in Grand Rapids, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Grand Rapids, MI compared to median property taxes around the country. The prevalent amount of property taxes in Grand Rapids, MI equals $800-$1,500 , which is less than the national average.