3201 Marshall Ave SE, Grand Rapids, MI, 49508
About This Home
Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and strong investment potential. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, including a brand-new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill averages approximately $150/month and water approximately $200/month. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximate
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1966
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: 2 to 4 Units
Interior
Basement
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating & Cooling
- Heating features: Hot Water
- Cooling features: Wall Unit(s)
Interior Area
- Total interior livable area: 3,476 sqft
Property
Details
- Parcel number: 411817301005
- Zoning description: RES
Lot
- Lot size: 0.34 Acres
- Lot size dimensions: 81 x 185
Parking
- Total spaces: 5
- 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
- Winter Weather
- Cold Wave
- Heat Wave
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 | $2,967 | $35,604 |
| Home Insurance * | $186 | $2,232 |
| Property Taxes | $513 | $6,156 |
| Electricity | $379 | $4,549 |
| Total | $4,045 | $48,540 |
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 |
|---|---|---|
| 2026-03-25 | Price change | $586,900 |
| 2026-03-03 | Listed for sale | $599,900 |
| 2026-01-14 | Listing removed | $1,195 |
| 2025-12-23 | Price change | $1,195 |
| 2025-10-02 | Listed for rent | $1,245 |
| 2025-09-30 | Listing removed | $610,000 |
| 2025-08-06 | Price change | $610,000 |
| 2025-07-30 | Listed for sale | $620,000 |
| 2019-08-13 | Sold | $247,900 |
| 2019-07-02 | Listed for sale | $239,900 |
| 2014-10-28 | Sold | $131,500 |
| 2014-07-19 | Listed for sale | $133,400 |
| 2013-01-04 | Sold | $122,000 |
| 2012-07-17 | Price change | $135,000 |
| 2012-05-23 | Listed for sale | $155,000 |
| 2010-05-10 | Sold | $111,000 |
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