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$450,000
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Property Description
4-unit investment property with day one cash flow! Current rents of $5,170 total a month. Each unit offers 2 beds and 1 bath, with updates throughout in recent years. All four furnaces were replaced in 2019, and new water heaters installed in 2024. Fresh exterior paint, deck repairs, and new roof fascia enhance curb appeal and long-term value. Strong rental history with modernized interiors. Don't miss out on this great opportunity for passive income!
Full Property Details
Full Property Details for 407 11th St NW #409
General
- Sold For: $450,000
- Taxes: $4,583
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25023277
- Added to Site: 229 day(s) ago
Parking
- Parking Features: Unpaved
Location
- Area: Grand Rapids - G
- County: Kent
- Cross Streets: 11th St NW/Turner Ave NW
- Driving Directions: S Of Leonard Between Turner And Broadway.
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Cable Available: Yes
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,311
- Frontage: Paved
- Zoning: R-3
Financial Considerations
- Tax Amount: $4,583
- Terms: VA Loan, MSHDA, FHA, Cash, Conventional
- Landlord Pays: Trash Collection, Water, Sewer
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Legal Description: LOT 1338* PANFIL S ASSESSOR S PLAT NO 56* OF LOTS 2 TO 15 INC & PART OF LOT 16 OF RICHMOND S ADD
- Property ID: 41-13-24-130-059
Listed by MOXIE Real Estate + Development, Connor Anderson
Sold by Edison Brokers & Co LLC, David Jackson
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Schools
Schools serving 407 11th St NW #409
School District:Grand Rapids Public Schools
| Name | Grades | Distance |
|---|---|---|
Harrison Park Academy 1440 Davis Avenue Northwest, Grand Rapids, MI 49504 | PK-8 | 0.7 mi |
Center For Economicology 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505 | 6- | 1.2 mi |
John Ball Park Zoo School 1300 Fulton Street West, Grand Rapids, MI 49504 | 6- | 1.6 mi |
City High Middle School 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505 | 7-12 | 1.2 mi |
Westwood Middle School 1525 Mount Mercy Drive Northwest, Grand Rapids, MI 49504 | 6-8 | 1.6 mi |
Grand Rapids University Preparatory Academy 512 Division Avenue South, Grand Rapids, MI 49503 | 6-12 | 2 mi |
Innovation Central High School 421 Fountain Street Northeast, Grand Rapids, MI 49503 | 9-12 | 1.5 mi |
Union High School, Grand Rapids, MI 1800 Tremont Boulevard Northwest, Grand Rapids, MI 49504 | 9-12 | 1.8 mi |
Blandford Nature Center 3143 Milo Street Northwest, Grand Rapids, MI 49534 | 6- | 3.5 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 407 11th St NW #409
Date
Details
Price
Change
Source
8/07/2025
Sold
$450,000
-4.26%
MLS
5/21/2025
Listed
$470,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
407 11th Street NW #409, Grand Rapids, MI 49504 (MLS# 25023277) is a Single Family property that was sold at $450,000 on August 07, 2025. Want to learn more about 407 11th Street NW #409? 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.

