1035 Wealthy Street SE, Grand Rapids, MI 49506 - Photo 1

1/1

$580,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
2,700 Sq. Ft.

1/1

Property Description

A rare mixed-use building located in Eastown, Grand Rapids, featuring two distinct units: ✖️Residential Unit: A spacious 3-bedroom, 1-bathroom apartment with a rooftop deck. ✖️Commercial Unit: Currently leased to Scorpion Coffee, offering a well-designed space with a side yard patio. Situated in the heart of Eastown, one of Grand Rapids' most vibrant neighborhoods, the area is known for its historic architecture, walkability, and diverse mix of local businesses. Nearby, you'll find popular spots like Terra GR, The Electric Cheetah, Harmony Brewing Company, Yesterdog, and Wolfgang's Restaurant, along with a variety of boutiques and community spaces. ✖️pro forma Cap Rate: ~8.9%.

Full Property Details

Full Property Details for 1035 Wealthy St SE

General

Sold For: $580,000
Taxes: $7,372
Status: Closed
Type: Single Family
Source: SWMRIC_MLS
MLS ID: 25012441
Added to Site: 295 day(s) ago

Interior

Number of Rooms: 3

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Location

Area: Grand Rapids - G
County: Kent
Cross Streets: Wealthy & Fuller
Driving Directions: Wealthy & Fuller

Heating & Cooling

Heating Type: Forced Air

Utilities

Sewer: Public
Water: Public

Structural Information

Architectural Style: Double Wide
Construction: Wood Siding
Basement: Yes
Stories/Levels: 2
Square Feet: 2,700
Living Area: 2,700 Sq. Ft.
Year Built: 1900

Lot Features

Lot Size (Acres): 0.06
Lot Size (Sq. Ft.): 2,614
Zoning: TN-TBA

Financial Considerations

Tax Amount: $7,372
Terms: Cash, Conventional

Disclosures and Reports

Legal Description: LOT 1713* STEINMANN S ASSESSOR S PLAT NO 59
Property ID: 41-14-29-380-032

Listed by MOXIE Real Estate + Development, Max B Grover
Sold by RE/MAX of Grand Rapids (FH), Brian Bartholomew

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Listing agent

— 1035 Wealthy St SE —

Max B Grover

MOXIE Real Estate + Development

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Schools

Schools serving 1035 Wealthy St SE

School District:Grand Rapids Public Schools

Name	Grades	Distance
Martin Luther King Leadership Academy 645 Logan Street Southeast, Grand Rapids, MI 49503	PK-8	0.5 mi
Alger Middle School 921 Alger Street Southeast, Grand Rapids, MI 49507	6-8	2.4 mi
Ottawa Hills High School 2055 Rosewood Avenue Southeast, Grand Rapids, MI 49506	9-12	2.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1035 Wealthy St SE

Date

Details

Price

Change

Source

4/21/2025

Sold

$580,000

-2.52%

MLS

3/29/2025

Listed

$595,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1035 Wealthy Street SE, Grand Rapids, MI 49506 (MLS# 25012441) is a Single Family property that was sold at $580,000 on April 21, 2025. Want to learn more about 1035 Wealthy Street SE? Do you have questions about finding other Single Family real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

1035 Wealthy St SE Grand Rapids, MI 49506