$6,353 Closing Credit¹
#65024050353, Shawn Jacobs, Listing Office: MOXIE Real Estate + Development
$450,000 List price
361 Richard Ter SE Grand Rapids, MI 49506
$5,344
Closing credit¹
0.09 acres
Multi-Family
Property details
About 361 Richard Ter SE
Location matters and Eastown is the place to be! When you want to be walkable to the most exciting spots outside of downtown directly, Eastown is the place for fun, food, and lots to do. This duplex sits in the perfect location to enjoy all of Eastown, from Yesterdog to Billy's, Terra to Wolfgangs, Matchbox, Mulligans, Harmony, Gino's, the list just keeps going. Also close enough to be walkable to the ever growing Wealthy street corridor. Each unit has 4 bedrooms and 1 and a half baths and tons of space. Large living areas and large basements give the tenants storage and laundry. Multi units in this condition and this location are so hard to find, but here it is! Reach out with questions and add this one to your portfolio now!
Highlights
Home typeMulti Family
HeatingForced Air
StatusActive
BasementYes
Lot size0.09 Acres
Year built1900
MLS #25005124
Summary
- MLS Number: 25005124
- Office Name: Polaris Real Estate LLC
- Office Phone: (616) 988-6940
- Listing Agent: Christian J Huyge
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$450,000
361 Richard Ter SE
$5,344
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 09, 2013 | Home Sold | $115,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $193,500 | $5,079 |
| 2023 | $162,100 | $5,079 |
| 2022 | $148,600 | $5,079 |
| 2021 | $140,400 | $5,026 |
| 2020 | $133,800 | $5,026 |
| 2019 | $119,700 | $4,753 |
| 2018 | $109,900 | $3,825 |
| 2017 | $90,100 | $3,645 |
History based on county public records data.
Nearby schools
1
Campus Elementary School
Public District PK-5
0.4 mi
•710 Benjamin Ave SE
3
William C Abney Academy Elementary School
Public Charter KG-6
0.5 mi
•1435 Fulton St E
6
Congress Elementary School
Public District PK-5
0.6 mi
•940 Baldwin St SE
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 $56,419. Most Grand Rapids, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
50%
35k-100k
20%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
11%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
53%
18-34 yrs old
25%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Tennis
Pro Boxing
Music Concerts
Where do the neighbors shop?
Crate & Barrel
IKEA
H&M
Where do the neighbors go to eat?
Starbucks
Quiznos
Chipotle
What do the neighbors drive?
BMW
Lexus
Volkswagen
What do the neighbors listen to?
News
Soft Adult Contemporary- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 361 Richard Ter SE in Grand Rapids, MI and zip code 49506 in the Eastown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $450,000.
In January 2025, from all listings sold in Grand Rapids, MI there were more than 49 sold above asking price, over 96 sold below and more than 32 were sold right at the asked price. In January 2025 in Grand Rapids, MI there were 10.4% less homes for sale than in December. Listings spent 39 days on the market in January 2025, and had a median list price of $312,868 during the same period.
From Rocket Homes Real Estate and based on county public records data.