21 Prospect Ave SE APT 3, Grand Rapids, MI, 49503
About This Home
Wonderful investment opportunity located in Heritage Hill! Perfect for owner occupant or seasoned investor. The main unit is flooded with character and includes an updated kitchen, spacious bedrooms and private access to the back deck. The rest of the units are studios bringing in great rents with a total market rent of 7,920 a month. Call today to set up a private showing!
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1905
Materials
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: 5+ Units
Interior
Appliances
- Laundry features: Common Area,In Basement
Basement
- Has basement: Yes
- Basement: Michigan Basement
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 6
Heating
- Heating features: Baseboard
Interior Area
- Total interior livable area: 3,057 sqft
Property
Details
- Parcel number: 411430327013
Lot
- Lot size: 0.25 Acres
- Lot size dimensions: 78 x 139
Parking
- Total spaces: 1
- Parking features: Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Kent County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,539 | $42,468 |
| Home Insurance * | $301 | $3,612 |
| Property Taxes | $612 | $7,344 |
| Electricity | $333 | $4,001 |
| Total | $4,785 | $57,420 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Listed for sale | $699,900 |
| 2024-02-27 | Listing removed | -- |
| 2024-02-22 | Price change | $1,050 |
| 2024-02-12 | Listed for rent | $1,150 |
| 2021-07-16 | Sold | $597,000 |
| 2021-03-25 | Pending sale | $619,900 |
| 2021-03-24 | Listing removed | -- |
| 2021-02-20 | Listed for sale | $619,900 |
| 2021-02-01 | Pending sale | $619,900 |
| 2021-01-27 | Listed for sale | $619,900 |
| 2020-01-31 | Listing removed | $650 |
| 2020-01-16 | Listed for rent | $650 |
| 2017-06-30 | Sold | $375,000 |
| 2017-05-03 | Listed for sale | $424,800 |
| 2009-06-13 | Listing removed | $449,000 |
| 2009-02-26 | Listed for sale | $449,000 |
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