$5,688 Closing Credit¹
#65025019621, Melissa Mitchell, Listing office: Green Square Properties LLC
$470,000 List price
407 11th St NW Unit 409 Grand Rapids, MI 49504
$5,581
Closing credit¹
0.08 acres
Multi-Family
Property details
About 407 11th St NW Unit 409
4-unit investment property with day one cash flow! Current rents of $5,170 total a month. Each unit offers 2 beds and 1 bath, with updates throughout in recent years. All four furnaces were replaced in 2019, and new water heaters installed in 2024. Fresh exterior paint, deck repairs, and new roof fascia enhance curb appeal and long-term value. Strong rental history with modernized interiors. Don't miss out on this great opportunity for passive income!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.08 Acres
Year built1900
ParkingUnpaved
MLS #65025023277
Summary
- Basement: Yes
- Parking: Unpaved
- Heating: Forced Air, Natural Gas
- List Price: $470,000
- Directions: S Of Leonard Between Turner And Broadway.
- Year Built: 1900
- Lot Size: 0.08 Acres
- MLS Number: 65025023277
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: MOXIE Real Estate + Development
- Office Phone: (616) 890-7794
- Listing Agent: Connor Anderson
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.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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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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$470,000
407 11th St NW Unit 409
$5,581
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
4
Stocking Elementary School
Public District PK-5
0.6 mi
•863 7th St NW
3
Coit Creative Arts Academy
Public District PK-5
0.8 mi
•617 Coit Ave 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 $31,795. 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?
58%
<35k
41%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
44%
Single, No Kids
31%
Single, with Kids
10%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
12%
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
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 407 11th St NW Unit 409
The listing price of 407 11th St NW Unit 409 property is $470,000.
The property 407 11th St NW Unit 409 is a multi located in Grand Rapids, Michigan, 49504.
Active Listing: 407 11th St NW Unit 409 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 407 11th St NW Unit 409 are: Stocking Elementary School (GreatSchools Rating 4/10), Coit Creative Arts Academy (GreatSchools Rating 3/10), East Leonard Elementary School (GreatSchools Rating 2/10), Harrison Park Academy (GreatSchools Rating 2/10), Grand Rapids Public Museum Middle School (GreatSchools Rating 3/10), Center for Economicology (GreatSchools Rating 8/10), Nextech High School (GreatSchools Rating 2/10), City Middlehigh (GreatSchools Rating 9/10), Bethany Based School (GreatSchools Rating 2/10).
The year of construction for 407 11th St NW Unit 409 is 1900.
This home is located at 407 11th St NW Unit 409 in Grand Rapids, MI and zip code 49504 in the West Grand neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $470,000.
Over 156 listings were sold over their listed price in May 2025 in Grand Rapids, MI. In the same period over 84 listings were sold below the listed price and 64 listings were sold for the listed price. In May 2025 in Grand Rapids, MI there were 14.3% more homes for sale than in April. 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.