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$219,900

1899 Palace Ave SW Grand Rapids, MI 49507

0.1 acres
Multi-Family

Property details

About 1899 Palace Ave SW

Investment Opportunity! Lower unit vacant allowing for an owner occupant house hack or great as an investment. Lower unit 2 bedroom upper a 1 bedroom. The upper is rented to Community Rebuilders with a long term tenant for $1175.00!!!! The lease is valid until 05/31/2026 Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids!

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.12 Acres
Year built1895
MLS #65025034484

Summary

  • Basement: Yes
  • Parking: None
  • Heating: Forced Air, Natural Gas
  • List Price: $219,900
  • Annual Tax Amount: $1,836
  • Tax Year: 2024
  • Lot: Level
  • Directions: Burton to Palace north to home
  • Year Built: 1895
  • Lot Size: 0.12 Acres
  • MLS Number: 65025034484
  • MLS Name: Greater Regional Alliance of REALTORS
  • Office Name: United Realty Services LLC
  • Office Phone: (616) 965-2304
  • Listing Agent: Timothy J VandenToorn

IDXDisclaimer: 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: 7/16/2025, 2:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 21, 2023
Home Sold
$198,500
Dec 10, 2019
Home Sold
$110,000
Apr 26, 2016
Home Sold
$50,000
Jan 04, 2008
Home Sold
$27,000

Tax history

YearAssessmentProperty Tax
2024$66,200$1,836
2023$58,200$1,836
2022$45,200$1,836
2021$40,800$1,283
2020$34,700$1,283
2019$29,100$1,533
2018$24,000$971
2017$23,000$925

History based on county public records data.

Nearby schools

2

Buchanan Elementary School

Public District PK-5

0.2 mi

1775 Buchanan Ave SW

4

Burton Elementary School

Public District PK-5

0.3 mi

2133 Buchanan Ave SW

3

Godfrey Elementary School

Public District 3-5

0.9 mi

1920 Godfrey Ave SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,500. The most common annual income of people living in Grand Rapids, MI is between $35k-100k. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

46%
<35k
48%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

24%
Single, No Kids
31%
Single, with Kids
13%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

28%
<11 yrs old
13%
12-17 yrs old
25%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1899 Palace Ave SW

The listing price of 1899 Palace Ave SW property is $219,900.

The property 1899 Palace Ave SW is a multi located in Grand Rapids, Michigan, 49507.

Active Listing: 1899 Palace Ave SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1899 Palace Ave SW are: Buchanan Elementary School (GreatSchools Rating 2/10), Burton Elementary School (GreatSchools Rating 4/10), Godfrey Elementary School (GreatSchools Rating 3/10), Burton Middle School (GreatSchools Rating 3/10), Dickinson Academy (GreatSchools Rating 2/10), Lee Middle School (GreatSchools Rating 3/10), Hope Academy of West Michigan (GreatSchools Rating 3/10), Southeast Career Pathways (GreatSchools Rating 1/10), East Lee Campus (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $1,836 (source: MLS/based on county public records data).

The last sale was on August 21, 2023 for $198,500 (source: MLS/tax record).

The year of construction for 1899 Palace Ave SW is 1895.

This home is located at 1899 Palace Ave SW in Grand Rapids, MI and zip code 49507 in the Garfield Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $219,900.

Over 144 listings were sold over their listed price in June 2025 in Grand Rapids, MI. In the same period over 68 listings were sold below the listed price and 48 listings were sold for the listed price. Between May and June 2025, Grand Rapids, MI real estate market has seen increase in the number of listings by 10.6%. Listings spent 16 days on the market in June 2025, and had a median list price of $310,836 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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