#65025009091, Evan M Case, Listing office: American Real Estate Services
Property details
About 37 Rose St SW
Welcome to 37 Rose St SW -- a smart investment with real upside. This cash-flowing duplex is currently generating $2,000/+ month in rental income with two 2-bed/1-bath units. Utilities are separately metered for gas and electric, with tenants paying their own usage.Recent improvements include a new roof (2024), newer appliances, and a City of Grand Rapids rental certification valid through 2028, definitely turnkey.Zoned multi-family with ADU potential and located in Roosevelt Park, a fast-growing neighborhood with infrastructure upgrades, improved transit, and new development -- a smart long-term hold in a rising Grand Rapids corridor.Welcome to 37 Rose St SW (1&2) a high-potential property in one of the city's fastest-growing neighborhoods. Currently generating $2,700/month in rental income, this home is a turnkey investment opportunity with room to grow. The generous lot and favorable zoning support both multi-family development and ADU (Accessory Dwelling Unit) potential, making it ideal for investors, developers, or owner-occupants seeking added income or space for extended family. Located in a corridor experiencing significant infrastructure upgrades including new transit options, roadway improvements, and community revitalization projects the area is attracting strong interest and continued investment. Whether you're looking to expand your rental portfolio or develop for long-term value, 37 Rose St SW could deliver immediate cash flow and future upside. Don't miss your chance to invest in a property with proven income and serious potential.
Highlights
Home typeMulti Family
HeatingBaseboard, Electric, Forced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.14 Acres
Year built1900
ParkingConcrete, Garage
MLS #65025029161
Summary
- Basement: Yes
- Parking: Concrete, Garage
- Heating: Baseboard, Electric, Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $325,000
- Annual Tax Amount: $1,574
- Tax Year: 2024
- Directions: NW of Burton and Division
- Year Built: 1900
- Lot Size: 0.14 Acres
- MLS Number: 65025029161
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Coldwell Banker Schmidt Realtors
- Office Phone: (616) 459-0400
- Listing Agent: James A Peacock III
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Last updated on: 8/2/2025, 12:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 01, 2024 | Home Sold | $272,500 |
| Nov 17, 2023 | Home Sold | $118,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $104,600 | $1,574 |
| 2023 | $82,400 | $1,574 |
| 2022 | $69,300 | $1,574 |
| 2021 | $62,500 | $1,558 |
History based on county public records data.
Nearby schools
2
Buchanan Elementary School
Public District PK-5
0.3 mi
•1775 Buchanan Ave SW
4
Burton Elementary School
Public District PK-5
0.4 mi
•2133 Buchanan Ave SW
5
Brookside Elementary School
Public District PK-5
0.9 mi
•2505 Madison Ave 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 $31,124. Residents of Grand Rapids, MI typically earn less than $<35k each year. Most families are single, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
58%
<35k
32%
35k-100k
6%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
29%
Single, No Kids
31%
Single, with Kids
9%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
30%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
26%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Ross Dress For Less
Foot Locker
Where do the neighbors go to eat?
White Castle
Jack In The Box
Little Caesars
What do the neighbors drive?
Kia
Nissan
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 37 Rose St SW
The listing price of 37 Rose St SW property is $325,000.
The property 37 Rose St SW is a multi located in Grand Rapids, Michigan, 49507.
Active Listing: 37 Rose St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 37 Rose St SW are: Buchanan Elementary School (GreatSchools Rating 2/10), Burton Elementary School (GreatSchools Rating 4/10), Brookside Elementary School (GreatSchools Rating 5/10), Burton Middle School (GreatSchools Rating 3/10), Dickinson Academy (GreatSchools Rating 2/10), Gerald R Ford Academic Center (GreatSchools Rating 5/10), 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 $1,574 (source: MLS/based on county public records data).
The last sale was on July 1, 2024 for $272,500 (source: MLS/tax record).
The year of construction for 37 Rose St SW is 1900.
This home is located at 37 Rose St 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 June 18, 2025 and is currently priced at $325,000.
In July 2025 more than 73 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 55 were sold below. The inventory of homes for sale in Grand Rapids, MI between June and July 2025 increased by 39.2%. While the average time on the market in July 2025 was 16 days, the median list price was $312,871.
From Rocket Homes Real Estate and based on county public records data.