$2,849 Closing Credit¹
#65025008990, Evan M Case, Listing office: American Real Estate Services
$214,900 List price
1403 Turner Ave NW Grand Rapids, MI 49504
$2,552
Closing credit¹
0.06 acres
Multi-Family
Property details
About 1403 Turner Ave NW
Property beats the 1% Rule! Excellent opportunity to own a two-unit residential rental property in the heart of downtown Grand Rapids. $2300/mo rents. Each unit features 1 bedroom, 1 bath, with long-term tenants already in place. All utilities are split, with tenants covering electricity, gas, and trash, while the owner pays for water and sewer--making for a low-maintenance investment.The upstairs unit has been updated with granite countertops, a stainless steel refrigerator and stove, adding value and appeal. The lower unit includes a basement laundry hookup, offering additional convenience for tenants.With strong rental demand in this prime location, there is significant potential to improve rent over time, increasing cash flow and long-term returns. Don't miss thissolid investment opportunity in a growing market! Back on market due to buyer financing.
Highlights
Home typeMulti Family
HeatingBaseboard, Electric, Forced Air
StatusActive
BasementYes
Lot size0.06 Acres
Year built1905
MLS #65025012461
Summary
- Basement: Yes
- Parking: None
- Heating: Baseboard, Electric, Forced Air
- List Price: $214,900
- Annual Tax Amount: $1,268
- Tax Year: 2024
- Lot: Level
- Directions: Webster to Turner and turn south
- Year Built: 1905
- Lot Size: 0.06 Acres
- MLS Number: 65025012461
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Moayyer Real Estate
- Office Phone: (616) 350-3429
- Listing Agent: April Moayyer, Anthony Moayyer
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: 6/5/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$214,900
1403 Turner Ave NW
$2,552
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 02, 2015 | Home Sold | $12,500 |
| Feb 25, 2005 | Home Sold | $66,900 |
| Jun 10, 2004 | Home Sold | $59,050 |
| Nov 13, 2003 | Home Sold | $47,900 |
| Sep 13, 1999 | Home Sold | $29,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $60,900 | $1,268 |
| 2023 | $55,100 | $1,268 |
| 2022 | $45,900 | $1,268 |
| 2021 | $41,000 | $1,255 |
| 2020 | $36,000 | $1,255 |
| 2019 | $28,500 | $1,187 |
| 2018 | $24,100 | $1,224 |
| 2017 | $22,500 | $- |
History based on county public records data.
Nearby schools
4
Stocking Elementary School
Public District PK-5
0.9 mi
•863 7th St NW
6
Palmer School
Public District PK-5
0.9 mi
•309 Palmer St NE
2
East Leonard Elementary School
Public District PK-5
1.0 mi
•410 Barnett St 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 $33,488. 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?
53%
<35k
44%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
48%
Single, No Kids
29%
Single, with Kids
9%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
10%
12-17 yrs old
30%
18-34 yrs old
30%
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
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
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 1403 Turner Ave NW
The listing price of 1403 Turner Ave NW property is $214,900.
The property 1403 Turner Ave NW is a multi located in Grand Rapids, Michigan, 49504.
Active Listing: 1403 Turner Ave NW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1403 Turner Ave NW are: Stocking Elementary School (GreatSchools Rating 4/10), Palmer School (GreatSchools Rating 6/10), East Leonard Elementary School (GreatSchools Rating 2/10), Harrison Park Academy (GreatSchools Rating 2/10), Center for Economicology (GreatSchools Rating 8/10), Riverside Middle School (GreatSchools Rating 4/10), Nextech High School (GreatSchools Rating 2/10), City Middlehigh (GreatSchools Rating 9/10), Bethany Based School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,268 (source: MLS/based on county public records data).
The last sale was on February 2, 2015 for $12,500 (source: MLS/tax record).
The year of construction for 1403 Turner Ave NW is 1905.
This home is located at 1403 Turner Ave NW in Grand Rapids, MI and zip code 49504 in the West Grand neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 30, 2025 and is currently priced at $214,900.
While more than 156 listings in Grand Rapids, MI in May 2025 were sold above asking price, there were more than 64 listings sold at asking price, and more than 84 were sold below. In May 2025 in Grand Rapids, MI there were 14.3% more homes for sale than in April. In May 2025 median list price was $311,100 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.