OFF MARKET

Off market aug 2023 for $975K

—

•

—

sq ft

1407 W Ellis Ave, Belding, MI 48809

About this home

Rare opportunity to own a 12 unit apartment building in a strong suburban location just outside Grand Rapids. There is a coin operated laundry (Property owned) in each building. Tenants pay for electric, and Owner pays for heat (boiler), water/sewer and trash. Value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense. Most leases are month-month and are well below market rates. These buildings are very well maintained and all have new roofs, hot water heater and boiler work. In addition, most of the units have: newer flooring, appliances, updated bathrooms and more. With limited market rate product in Belding, the ability to expand and build more units makes this property an incredible value add opportunity.

Multi-familyProperty Type

1970Year Built

3.01 acresLot Size

31 spacesParking

Listed by Shawn Jacobs • MOXIE Real Estate + Development

Listed by Max Grover • MOXIE Real Estate + Development

Bought with Darin Elliott • Greenridge Realty (Ionia)

Redfin checked: 2 minutes ago

•Source:SW Michigan MLS #23026738

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 48809, MI

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.2%

0.3% MoM

Median sale price

$243K

$2K MoM

Avg. days on market

0 days MoM

Recently sold homes

1 MoM

New listings for sale

$289,900
3 beds2 baths2,816 sq ft
729 Jay St, Belding, MI 48809
$139,900
2 beds1 bath1,148 sq ft
9890 Fish rd Rd, Belding, MI 48809
$489,900
4 beds2 baths2,797 sq ft
4162 Wheeler Rd, Belding, MI 48809
$330,000
4 beds2 baths2,352 sq ft
501 Pearl St, Belding, MI 48809
$193,500
3 beds2 baths1,120 sq ft
8024 Scott Rd, Saranac, MI 48881
3D WALKTHROUGH
$1,100,000
5 beds3.5 baths4,662 sq ft
10400 Heether Rd, Belding, MI 48809
3D WALKTHROUGH
$469,900
4 beds3.5 baths3,589 sq ft
610 W Ellis Ave, Belding, MI 48809
$299,000
3 beds2.5 baths1,917 sq ft
491 Morton Ave #1, Belding, MI 48809
FOR SALE BY OWNER
$750,000
3 beds3 baths2,040 sq ft
12491 7 Mile Rd NE, Belding, MI 48809
See all

Provided by Redfin

Sale history for 1407 W Ellis Ave

Date

Event

Price

LEASESTAR #1

Oct 23, 2024

Rental Removed

$1,150

Sep 12, 2024

Listed for Rent

$1,150

SW Michigan MLS #23026738

Aug 24, 2023

Sold

$975,000

Aug 2, 2023

Pending

—

Jul 26, 2023

Listed

$1,099,000

MiRealSource-MiMLS #70323369

Aug 24, 2023

Sold

$975,000

Aug 2, 2023

Pending

—

Jul 26, 2023

Listed

$1,099,000

REALCOMP #65023026738

Aug 24, 2023

Sold

$975,000

Aug 2, 2023

Pending

—

Jul 26, 2023

Listed

$1,099,000

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

660 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Ionia County

APN

401-040-000-255-00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 26, 2023.

Property details

Parking

Parking Information
Parking Total: 31

Interior

Heating & Cooling
Has Heating
Heating: Baseboard, Natural Gas

Room Information
Basement: Slab

Multi-Unit Information
# Of Units Total: 12

Exterior

Building Information
Construction Materials: Brick, Vinyl Siding

Exterior Features
Year Built: 1970

Lot Information
Lot Size Acres: 3.01
Lot Size Area: 3.01
Lot Size Units: Acres

Property Information
Property Type: Multi-Family
Property Sub Type: 5+ Units
Number Of Buildings: 3

Financial

Tax Information
Tax Year: 2022
Tax Annual Amount: $9,027.87
Tax Assessed Value: $140,150

Utilities

Utility Information
Sewer: Public Sewer

Location

School Information
High School District: Belding

Location Information
Directions: Belding Rd East, North on 91, East on Ellis St, Turn right into property.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Ionia County
APN: 401-040-000-255-00

Home facts updated by county records on Jul 26, 2023

Around this home

Schools

Woodview Elementary School

Public 3-5 • Assigned • 0.6mi

7/10

Belding Middle School

Public 6-8 • Assigned • 1.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Belding, MI • 48809

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2.2 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$289,900

2 beds2 baths1,400 sq ft

2389 N State Rd, Ionia, MI 48846

New listings for sale in 48809

$289,900

3 beds2 baths2,816 sq ft

729 Jay St, Belding, MI 48809

$139,900

2 beds1 bath1,148 sq ft

9890 Fish rd Rd, Belding, MI 48809

$489,900

4 beds2 baths2,797 sq ft

4162 Wheeler Rd, Belding, MI 48809

$330,000

4 beds2 baths2,352 sq ft

501 Pearl St, Belding, MI 48809

$193,500

3 beds2 baths1,120 sq ft

8024 Scott Rd, Saranac, MI 48881

3D WALKTHROUGH

$1,100,000

5 beds3.5 baths4,662 sq ft

10400 Heether Rd, Belding, MI 48809

3D WALKTHROUGH

$469,900

4 beds3.5 baths3,589 sq ft

610 W Ellis Ave, Belding, MI 48809

$299,000

3 beds2.5 baths1,917 sq ft

491 Morton Ave #1, Belding, MI 48809

FOR SALE BY OWNER

$750,000

3 beds3 baths2,040 sq ft

12491 7 Mile Rd NE, Belding, MI 48809

Home values near 1407 W Ellis Ave

Data from public records.

Address	Redfin Estimate
1305 West Ellis Ave, Belding, MI 2 Beds \| 2.5 Baths \| 2588 Sq. Ft.	$332,807
1205 West Ellis Ave, Belding, MI 3 Beds \| 1.5 Baths \| 2168 Sq. Ft.	$264,103

Address	Redfin Estimate
1310 West Ellis Ave, Belding, MI 3 Beds \| 1 Baths \| 1320 Sq. Ft.	$263,204
1561 West Ellis Ave, Belding, MI 4 Beds \| 2 Baths \| 2538 Sq. Ft.	$299,221

Address	Redfin Estimate
1428 West Ellis Ave, Belding, MI 2 Beds \| 1 Baths \| 1065 Sq. Ft.	$154,671
1425 West Ellis Ave, Belding, MI 2 Beds \| 1 Baths \| 980 Sq. Ft.	$185,116

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in 48809, MI

Sale history for 1407 W Ellis Ave

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 48809

Home values near 1407 W Ellis Ave

More real estate resources