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718 Sherman Street SE #1, #2 City of Grand Rapids, MI $ 199,500
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718 Sherman Street SE #1, #2
$ 199,500
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718 Sherman Street SE #1, #2

City of Grand Rapids, MI, 49503
$ 199,500
Bedrooms2 Baths0.0

Monthly Estimate*

$ 1,228

718 Sherman Street SE #1, #2, City of Grand Rapids, MI 49503 - Image 1
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Multi-Family Home for sale in City of Grand Rapids, MI for $199,500 with 2 bedrooms. This home was built in 1890 on a lot size of 0.12.

Handy Holiday Special on this lovely property located just 1 1/2 blocks from Heritage Hill. This home offers 2 spacious units with 3/1 each, Dining room, Living Room, kitchen, and 2 balconies, separate utilities, separate entrances, 3 season front porch, washer/dryer hook up in basement, separate entrance to basement, and shared water meter.Enjoy spacious back yard with plenty of off street parking. Property needs minimal work, all hardwood floors have been stripped to the bare wood, and is waiting for your finishing touches. All construction materials stay for your added convenience.Close to bus lines, parks, schools, churches and less than 2 blocks from Wealthy shopping. The property faces a beautiful community garden. Seller is happy to answer any questions. There is instant equity in this gem! Seller has suffered declining health and property is in redemption period. Sold As IS! Seller is licensed Agent in the State of MI Contact Cyndi with any questions or offers 616-634-2766

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Multi-Family Active

Price

$ 199,500

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 3,029

Style

MultiFamily

Lot Size

0.12

Year Built

1890

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026024249
Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials VinylSiding
Year Built 1890
Property Subtype MultiFamily
Tax Year 2025
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions US 131 Wealthy St East South On Eastern Sherman West To Property
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3029.06
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 58576
Legal Description LOT 288* DORAN S ASSESSOR S PLAT NO 10* OF PART OF BLKS 5 6 & 8 OF REMINGTON S ADDITION
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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Exterior
Parking Features Other
Water Source Public
Total Parking 4.0
Lot Size Area 5314.0
Number of Buildings 1
Spa N
Lot Dimensions 45' x 118'
Lot Size Acres 0.12
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 718
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* Excluded Features
List By
Frank Boenzi

Listing Agent

Bellabay Realty (Sw)

Broker

(616) 856-3887

Phone

Affordability Calculator

$1,481
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,228
Monthly Property Taxes
$252
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909624 Elementary School
4909684 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/22/2026$199,500 Listed Price

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718 Sherman Street SE #1, #2, City of Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $199,500 with a lot size of 0.12. 718 Sherman Street SE #1, #2 has 2 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 49503 which is in City of Grand Rapids, MI

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