$178,000
Grand Rapids, MI 49506
MLS# 20037439
Status: Sold
1 / 10
Property Description
Welcome to 318 Diamond! This desirable two unit has a lower unit sits in a prime Grand Rapids location on Diamond Ave just north of Wealthy Street, with easy access to Downtown and Easttown. Here, residents can walk to trendy clothing stores and salons delicious restaurants and bakeries. This property contains two great units; the lower one with three bedrooms and one full bath and an upper unit with two bedrooms and one bathroom. Both units are currently rented and bring in $1,800 per month (combined). Contact us to learn how to add this great property to your portfolio today.
Details
Documents
Location & Property Info
Cross Streets: Diamond and Michigan
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 95.36
General Property Info
New Construction: No
Lot Dimensions: 37.46x94.28
Financial Available: Yes
Road Frontage: 37.46
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2022-08-29
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1961
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 3528
Lot Acres: 0.08
Year Built: 1905
Tax Info
Taxable Value: 30442
SEV: 97500
For Tax Year: 2020
Seller's Annual Property Tax: 1702.89
Tax Year: 2019
Homestead %: 0
Spec Assessment & Ty: None Known
Zoning: Residential Imp
Tax ID #: 411429379009
Remarks & Misc
Public Remarks: Welcome to 318 Diamond! This desirable two unit has a lower unit sits in a prime Grand Rapids location on Diamond Ave just north of Wealthy Street, with easy access to Downtown and Easttown. Here, residents can walk to trendy clothing stores and salons delicious restaurants and bakeries. This property contains two great units; the lower one with three bedrooms and one full bath and an upper unit with two bedrooms and one bathroom. Both units are currently rented and bring in $1,800 per month (combined). Contact us to learn how to add this great property to your portfolio today.
Legal: LOT 1671 EXCEPT N 34.35 FT THEREOF* STEINMANN S ASSESSOR S PLAT NO 58
Status Change Info
Sold Price/SqFt: 90.77
Under Contract Date: 2020-11-15
Sold Date: 2020-11-19
Sold Price: $178,000
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Substructure
Michigan Basement: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Lower
Occupied: Yes
Monthly Rent: 1000
Bedrooms: 3
Unit 2
Unit #: 2
Unit Description: Upper
Occupied: Yes
Monthly Rent: 800
Bedrooms: 2
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 318
Street Name: Diamond
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49506
OfficeContract Info
Status: Sold
Current Price: $178,000
List Price: $187,000
Listing Date: 2020-09-09
Remarks Misc
Directions: From Michigan and Diamond, go south on Diamond. Home is on the east side of Diamond south of Crescent.
Property Features
Exterior Material: Vinyl Siding
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water; Storm Sewer
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Baseboard
Air Conditioning: None
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Subject To Tenant Rights
Sale Conditions: None
Seller Disclosure and Lead Based Paint 
Listing Office: Villegas Group
Listing Agent: Vincent Villegas
Last Updated: May - 27 - 2026
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