$4,453 Closing Credit¹
#72024056608, Laura E Ensley, Listing office: Ensley Real Estate
$360,000 List price
1402 N Ave NE Grand Rapids, MI 49505
$4,275
Closing credit¹
Multi-Family
Property details
About 1402 N Ave NE
Rare investment opportunity in Grand Rapids! This income-producing property includes a fully renovated single-family home (1404) and a duplex (1402) on one parcel--ideal for investors or owner-occupants looking to house hack. The single-family home was renovated to the studs in 2022 and features stainless steel appliances, new HVAC, central air, updated electrical, plumbing, and windows. Currently rented at $1,300/month (below market).The duplex includes a 2 bed/2 bath lower unit ($900/month) and a 1 bed/1 bath upper unit ($900/month), generating $1,800/month combined. Total monthly rent: $3,100. Don't miss this unique chance to own a fully leased, low-maintenance property with
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Year built1890
MLS #65025021916
Summary
- Basement: Yes
- Parking: None
- Heating: Forced Air, Natural Gas
- List Price: $360,000
- Annual Tax Amount: $2,059
- Tax Year: 2024
- Directions: N Off Leonard On North
- Year Built: 1890
- MLS Number: 65025021916
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Five Star Real Estate (Grandv)
- Office Phone: (616) 257-1500
- Listing Agent: Anthony Hernandez, John E Cremer
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/7/2025, 12:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$360,000
1402 N Ave NE
$4,275
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 11, 2022 | Home Sold | $310,000 |
| May 19, 2021 | Home Sold | $200,000 |
| Mar 15, 2016 | Home Sold | $61,373 |
| Mar 15, 2016 | Home Sold | $55,000 |
| Feb 09, 2016 | Home Sold | $41,000 |
| Oct 21, 2014 | Home Sold | $22,000 |
| May 03, 2001 | Home Sold | $61,000 |
| Aug 24, 1998 | Home Sold | $40,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $106,100 | $2,059 |
| 2023 | $90,500 | $2,059 |
| 2022 | $45,500 | $2,059 |
| 2021 | $61,000 | $2,038 |
| 2020 | $53,900 | $2,038 |
| 2019 | $47,700 | $2,189 |
| 2018 | $37,300 | $1,936 |
| 2017 | $41,500 | $2,099 |
History based on county public records data.
Nearby schools
2
East Leonard Elementary School
Public District PK-5
0.3 mi
•410 Barnett St NE
6
Palmer School
Public District PK-5
0.5 mi
•309 Palmer St NE
3
Kent Hills Elementary School
Public District PK-5
0.5 mi
•1445 Emerald Ave NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,395. Most Grand Rapids, MI residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
71%
<35k
29%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
31%
Single, with Kids
13%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
11%
12-17 yrs old
31%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1402 N Ave NE
The listing price of 1402 N Ave NE property is $360,000.
The property 1402 N Ave NE is a multi located in Grand Rapids, Michigan, 49505.
Active Listing: 1402 N Ave NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1402 N Ave NE are: East Leonard Elementary School (GreatSchools Rating 2/10), Palmer School (GreatSchools Rating 6/10), Kent Hills Elementary School (GreatSchools Rating 3/10), Center for Economicology (GreatSchools Rating 8/10), Riverside Middle School (GreatSchools Rating 4/10), Harrison Park Academy (GreatSchools Rating 2/10), City Middlehigh (GreatSchools Rating 9/10), Bethany Based School (GreatSchools Rating 2/10), Wellspring Preparatory High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $2,059 (source: MLS/based on county public records data).
The last sale was on May 11, 2022 for $310,000 (source: MLS/tax record).
The year of construction for 1402 N Ave NE is 1890.
This home is located at 1402 N Ave NE in Grand Rapids, MI and zip code 49505 in the Creston neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $360,000.
Grand Rapids, MI housing market in May 2025 saw over 156 listings sold above listed price, more than 64 sold at listed price and over 84 sold below. The number of homes for sale in Grand Rapids, MI increased by 14.3% between April and May 2025. While the average time on the market in May 2025 was 18 days, the median list price was $311,100.
From Rocket Homes Real Estate and based on county public records data.