Back 357 Richard Terrace Southeast
Off Market

357 Richard Terrace Southeast

Grand Rapids MI 49506

0.1 ac.
Multi-Family
Last sold for $285,000
Caitlyn WisniewskiCaitlyn Wisniewski, last sold this property on 18 March 2025 after 28 days on market.

Overview

Great Investment Opportunity in the heart of Eastown! This 3-unit property is just stones throw away from some of the most popular restaurants and shops in Grand Rapids. This property features a large main floor unit that has been recently updated with a new bathroom, main floor laundry, kitchen and dining space. Leading off the kitchen is a large basement which is great for storage and has a walk-out to the exterior. Upstairs there are two separate units that with a little work they would be rent ready! The front unit is a 1 bedroom/1 bath with a front porch. The back unit is a studio with access from the front of the home. Don't wait, call to schedule a showing today! Offer deadline is February 24th, 2025 at 1:00 pm.

Features

0.1 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Grand Rapids over the last 12 months, the estimated median property value of 357 Richard Terrace Southeast is $400k.

Median value
$400k
Estimated value range
$210k - $479k
Median days on market
6
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Grand Rapids. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 357 Richard Terrace Southeast

2025
Sold
$285,000
18 Mar 2025 by Caitlyn Wisniewski, of 616 Realty LLC

Happy sellers in Grand Rapids

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We have insufficient information to provide an overview of customer satisfaction for Grand Rapids. Viewing the agent profiles, reviews and sales for Grand Rapids can provide insights for this location.

Local market activity for multi families in Grand Rapids

In the last 12 months, 11 multi families similar to 357 Richard Terrace Southeast, have been sold.

This represents a 55% increase in multi families sales when compared to the previous 12 months.

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