737 Clancy Avenue NE, Grand Rapids, MI 49503 (MLS# 26011513)

737 Clancy Avenue NE, Grand Rapids, MI 49503

$319,900

Property Type: Multi Family Lot Size (sq. ft.): 6,316 Status: Active

Current Price: $319,900 List Date: 3/24/2026 Last Modified: 7/01/2026

Overview

Description

Built in 1892, this all-brick two-unit building is ideally located just a couple of blocks north of Corewell Health on Michigan Ave. Both units feature 2 bedrooms, 1 full bathroom, and private laundry, with gas and electric split so tenants pay their own utilities while the owner covers water and sewer. Leases, disclosures, and operating income statements are attached to the listing. The property offers tons of curb appeal and character, and about 15 years ago it underwent extensive updates including new kitchens, windows, the back half of the roof, and a lower-level furnace, all of which remain in very nice condition. Additional features include a Michigan basement and an oversized one stall garage, currently used by the owner but with potential for additional rental income. With its unbeatable location, this is a must-see, and showings require at least 24 hours' notice for tenants.

Listing Details MLS# 26011513

Location Property Info

County: Kent
Street #: 737
Street Name: Clancy
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503
Zip (4): 1536

General Property Info

Lot Measurement: Acres
Lot Square Footage: 6316
Lot Acres: 0.15
Lot Dimensions: 50x126
Year Built: 1882
New Construction: No
Financial Available: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-09-01
Road Frontage: 50
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 2012
Total Parking Spaces: 3
Waterfront: No
School District: Grand Rapids
Basement: Yes

Tax Info

Tax ID #: 41-14-19-326-025
Taxable Value: 60682
SEV: 143400
For Tax Year: 2025
Seller's Annual Property Tax: 3014
Tax Year: 2025
Spec Assessment & Ty: NA
Zoning: Res.Improved
Homestead %: 0

Remarks Misc

Directions: Michigan Ave. to North on Lafayette, West on Bradford, North on Clancy

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Income and Expenses

Annual Insurance: 1300
Annual Maintenance: 5200
Annual Mgmt. Fees: 5275
Annual Utilities: 1555
Gross Op. Inc.: 11096
Net Operating Income: 28091

Unit 1

Unit #: Yes
Unit Description: Main floor unit
SqFt: 1042
Occupied: Yes
Monthly Rent: 1245
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes

Unit 2

Unit #: 2
Unit Description: Upstairs unit
SqFt: 970
Occupied: Yes
Monthly Rent: 1295
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: Michigan Ave/Coit
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 159

Remarks & Misc

Public Remarks: Built in 1892, this all-brick two-unit building is ideally located just a couple of blocks north of Corewell Health on Michigan Ave. Both units feature 2 bedrooms, 1 full bathroom, and private laundry, with gas and electric split so tenants pay their own utilities while the owner covers water and sewer. Leases, disclosures, and operating income statements are attached to the listing. The property offers tons of curb appeal and character, and about 15 years ago it underwent extensive updates including new kitchens, windows, the back half of the roof, and a lower-level furnace, all of which remain in very nice condition. Additional features include a Michigan basement and an oversized one stall garage, currently used by the owner but with potential for additional rental income. With its unbeatable location, this is a must-see, and showings require at least 24 hours' notice for tenants.
Legal: LOT 20* MOHRHARD S SUBDIVISION* OF PART OF LOTS 59 & 60 COIT & CURTIS PARTITION PLAT

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

None: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Unit: Yes

Exterior Material

Brick: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes
Wall Furnace: Yes

Air Conditioning

None: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

Gravel: Yes

Substructure

Michigan Basement: Yes

Extras

Garages: Yes
Sep Electric Meter: Yes
Sep Gas Meter: Yes

Owner Pays

Sewer: Yes
Water: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Laundry Features: In Unit Exterior Material: Brick Substructure: Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: None Extras: Garages; Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air; Wall Furnace Air Conditioning: None Driveway: Gravel Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator

Listing Office: Apex Realty Group

Listing Agent: David P Kooistra

Last Updated: July - 01 - 2026

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