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129 Palmer Street NE City of Grand Rapids, MI $ 309,000
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129 Palmer Street NE
$ 309,000
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129 Palmer Street NE

City of Grand Rapids, MI, 49505
$ 309,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,951

129 Palmer Street NE, City of Grand Rapids, MI 49505 - Image 1
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Multi-Family Home for sale in City of Grand Rapids, MI for $309,000 with 4 bedrooms. This home was built in 1920 on a lot size of 0.15.

Don't miss this updated duplex in Grand Rapids' desirable Creston neighborhood! Perfect for investors or owner-occupants, this property features numerous recent improvements, including a new furnace (2023), plus new kitchen countertops and new flooring throughout Unit 2. The duplex has also recently received its Certificate of Compliance and is transferrable to the new owner. Each unit offers separate electric panels, gas meters, heating systems, water heaters, and in-unit washers and dryers, making utility management easy. Ample off-street parking is available in the rear for tenants. With Unit 1's lease ending July 31, there's an excellent opportunity for an owner-occupant or an investor looking to maximize rental potential.

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Multi-Family Active

Price

$ 309,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,707

Style

MultiFamily

Lot Size

0.15

Year Built

1920

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026035145
Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas WallFurnace
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials VinylSiding
Year Built 1920
Property Subtype MultiFamily
Tax Year 2025
County Kent
Operating Expense 6868.42
Insurance Expense 1161.42
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Ann to Coit. South on Coit West on Palmer
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 4707.0
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
Occupancy Type Tenant
Tax Assessed Value 91150
Legal Description W 33 FT OF LOT 6 BLK 4 & E 16 FT OF LOT 7 BLK 4* COMSTOCK S PLAT
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Exterior
Water Source Public
Total Parking 4.0
Lot Size Area 6447.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Lot Dimensions 49 x 132
Lot Size Acres 0.15
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features InBasement InUnit SeeRemarks
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Internal Only
Street Number 1 129
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* Excluded Features
List By
Leanna Barker

Listing Agent

Bellabay Realty Llc

Broker

(616) 430-9374

Phone

Affordability Calculator

$2,343
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,951
Monthly Property Taxes
$392
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/10/2026$309,000 Listed Price

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129 Palmer Street NE, City of Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $309,000 with a lot size of 0.15. 129 Palmer Street NE has 4 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 49505 which is in City of Grand Rapids, MI

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