2029 Arnold Ave SW · Wyoming, MI 49509

$239,900

4 bd · 2.0 ba · 1,356 sqft · SingleFamily public records · 41 Days on market

Built 1915 5,227 sqft lot Est $224k · 7% over

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.3/30.0
• 1% rule +4.7/10.0
• ARV discount +4.3/15.0
• Livability +3.9/5.0
• DSCR +3.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Excellent opportunity to own a well maintained upper/lower duplex in a convenient Wyoming location! Perfect for investors or owner occupants looking to offset housing costs with rental income. The spacious main floor unit features 2 bedrooms, 1 full bath, high ceilings, abundant natural light, great storage, a welcoming front porch, and a cozy 3 season room overlooking the backyard. The cozy upper unit offers 1 bedroom, 1 full bath, and additional attic storage space. Both units have separate gas and electric utilities. Shared access to the clean, dry basement provides washer/dryer hookups and additional storage potential. Long paved driveway and an oversized detached garage. Enjoy the large fenced backyard with a peaceful setting and firepit area, perfect for relaxing or entertaining. Conveniently located just 3 minutes from US 131 and only 5 minutes from downtown Grand Rapids! Don't miss this opportunity and schedule your showing today!

Key facts

• Upper lower duplex
• Cozy 3 season room
• Attic storage space

Tags

• UPPER LOWER DUPLEX
• SPACIOUS MAIN FLOOR UNIT
• WELCOMING FRONT PORCH
• COZY 3 SEASON ROOM
• ATTIC STORAGE SPACE
• CLEAN DRY BASEMENT

Property features AI

Finance

• Financial info: Property used as residential income (multifamily)

Exterior

• Parking: Garage; Concrete and paved parking; Total of 6 parking spaces
• Utilities: Public water; Public sewer; Electricity connected; Natural gas connected; Cable connected; Phone available and connected; Sewer available
• Home design: Multi-family residential income property
• Construction: Vinyl siding; Composition roof
• Exterior features: Paved road access; Publicly maintained road; Sidewalks

Interior

• Bedrooms: One unit: 2 bedrooms (1st floor, includes garage); One unit: 1 bedroom (2nd floor, includes garage)
• Bathrooms: One unit: 1 bathroom; One unit: 1 bathroom
• Heating & cooling: Forced air heating; Natural gas heating; Space heater
• Interior features: Basement present
• Laundry & utility: Laundry located in basement

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $-43 ($-519/yr) — negative.
• To cash-flow at today's rent, offer at most $232k (3.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $234k (2.6% below list).
• Recommended offer: $232k (3.2% below list) — sets the bar for cash-flow.
• Cap rate 6.1% vs local median 3.8% in Wyoming — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#126 in MI, #3,095 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, crime D-, amenities F.
• Godfrey-Lee Public Schools (urban): math 9% / reading 27% proficiency, ranked #482 of 540 in MI (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 88 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 2,253 units permitted in Kent County in 2024 (969 in 5+ unit buildings).
• This rent runs 43% of the median local income ($65k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Kent County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $170k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price; built in 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $232,254 (3.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
3. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.97% ✗
• Cap rate: 6.08%
• Cash-on-cash: -0.77%
• DSCR: 0.97
• GRM: 8.6

CMA / ARV

• ARV (median comp): $224,058
• List price: $239,900
• Delta: 7.07%
• Verdict: FAIR
• Comps: 18 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1945 Galewood Ave SW	0.18mi	3/1.5 (-1)	1,337 (-1%)	2mo	$265,000	$198	81
2034 Roos Ave SW	0.04mi	3/1.0 (-1)	1,156 (-15%)	1mo	$283,000	$245	64
2159 Roos Ave SW	0.19mi	3/2.0 (-1)	1,500 (+11%)	7mo	$265,000	$177	63
2621 Poe Ave SW	0.74mi	3/2.0 (-1)	1,370 (+1%)	3mo	$290,000	$212	56
1650 Wendler Ave SW	0.65mi	3/1.5 (-1)	1,296 (-4%)	1mo	$250,000	$193	54
1455 Godfrey Ave SW	0.73mi	5/3.0 (+1)	1,384 (+2%)	2mo	$170,000	$123	52
2446 Woodward Ave SW	0.62mi	3/1.5 (-1)	1,426 (+5%)	6mo	$232,100	$163	50
2525 Woodward Ave SW	0.67mi	3/1.0 (-1)	1,275 (-6%)	5mo	$240,000	$188	45
1736 Wendler Ave SW	0.57mi	3/1.0 (-1)	1,248 (-8%)	8mo	$239,900	$192	45
1665 Martindale Ave SW	0.72mi	3/1.5 (-1)	1,246 (-8%)	4mo	$285,000	$229	42
1674 Cleveland Ave SW	0.66mi	3/2.0 (-1)	1,166 (-14%)	1mo	$260,000	$223	40
1061 Rathbone St SW	0.73mi	4/1.0	1,171 (-14%)	6mo	$215,000	$184	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.5%
• Equity multiple: 0.38×
• Total profit: $-41,454
• Equity at exit: $35,770

10-year hold

• IRR: -9.4%
• Equity multiple: 0.42×
• Total profit: $-38,928
• Equity at exit: $20,742

Cash invested: $67,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 49509

• Active inventory: 88
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,336 high
• Mortgage (P&I): −$1,258
• Tax from tax record: −$530 /mo · $6,365/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$490
• Net cashflow: $-43

Break-even live

Break-even rent $2,390

Max offer price $232,254

Occupancy floor 97%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1640 Wendler Ave SW Wyoming, MI	4.0	2.5	1541	$2,450	$1.59	10d	1	0.68mi
1635 Cleveland Ave SW Wyoming, MI	4.0	2.0	1740	$2,495	$1.43	43d	1	0.75mi
1019 Norwich Ave SW Grand Rapids, MI	3.0	1.0	1214	$1,595	$1.31	3d	1	1.21mi
1401 Prairie Pkwy SW Wyoming, MI	3.0	1.0–2.0	790	$2,250	$2.85	19d	1	1.27mi
816 Kensington Ave SW Grand Rapids, MI	3.0	1.0	1600	$1,750	$1.09	21d	1	1.48mi

Listing history 45 events

1. 2026-06-18
   days on market $239,900 Active 41 DOM
2. 2026-06-17
   days on market $239,900 Active 40 DOM
3. 2026-06-16
   days on market $239,900 Active 39 DOM
4. 2026-06-15
   pricedays on market $239,900 Active 38 DOM
5. 2026-06-14
   days on market $245,000 Active 36 DOM
6. 2026-06-10
   days on market $245,000 Active 33 DOM
7. 2026-06-09
   days on market $245,000 Active 32 DOM
8. 2026-06-08
   days on market $245,000 Active 31 DOM
9. 2026-06-07
   days on market $245,000 Active 30 DOM
10. 2026-06-05
    pricedays on market $245,000 Active 27 DOM
11. 2026-06-03
    days on market $249,000 Active 26 DOM
12. 2026-06-03
    days on market $249,000 Active 25 DOM
13. 2026-06-01
    days on market $249,000 Active 24 DOM
14. 2026-05-31
    days on market $249,000 Active 23 DOM
15. 2026-05-08
    listed $249,000 Active 952-char remark

    Show marketing remark (952 chars)

    Excellent opportunity to own a well maintained upper/lower duplex in a convenient Wyoming location! Perfect for investors or owner occupants looking to offset housing costs with rental income. The spacious main floor unit features 2 bedrooms, 1 full bath, high ceilings, abundant natural light, great storage, a welcoming front porch, and a cozy 3 season room overlooking the backyard. The cozy upper unit offers 1 bedroom, 1 full bath, and additional attic storage space. Both units have separate gas and electric utilities. Shared access to the clean, dry basement provides washer/dryer hookups and additional storage potential. Long paved driveway and an oversized detached garage. Enjoy the large fenced backyard with a peaceful setting and firepit area, perfect for relaxing or entertaining. Conveniently located just 3 minutes from US 131 and only 5 minutes from downtown Grand Rapids! Don't miss this opportunity and schedule your showing today!

16. 2026-05-08
    listed $249,000 Active 952-char remark

    Show marketing remark (952 chars)

    Excellent opportunity to own a well maintained upper/lower duplex in a convenient Wyoming location! Perfect for investors or owner occupants looking to offset housing costs with rental income. The spacious main floor unit features 2 bedrooms, 1 full bath, high ceilings, abundant natural light, great storage, a welcoming front porch, and a cozy 3 season room overlooking the backyard. The cozy upper unit offers 1 bedroom, 1 full bath, and additional attic storage space. Both units have separate gas and electric utilities. Shared access to the clean, dry basement provides washer/dryer hookups and additional storage potential. Long paved driveway and an oversized detached garage. Enjoy the large fenced backyard with a peaceful setting and firepit area, perfect for relaxing or entertaining. Conveniently located just 3 minutes from US 131 and only 5 minutes from downtown Grand Rapids! Don't miss this opportunity and schedule your showing today!

17. 2023-01-24
    soldstatus $170,000
18. 2023-01-17
    soldstatus $170,000 Sold

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

19. 2023-01-17
    soldstatus $170,000 Closed

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

20. 2023-01-17
    soldstatus $170,000 Sold

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

21. 2022-11-18
    status Pending

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

22. 2022-11-18
    status Pending

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

23. 2022-11-18
    status Pending

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

24. 2022-11-02
    price $169,900
25. 2022-11-01
    price $169,900

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

26. 2022-11-01
    price $169,900

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

27. 2022-10-19
    price $179,900
28. 2022-10-18
    price $179,900

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

29. 2022-10-18
    price $179,900

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

30. 2022-10-17
    status Active

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

31. 2022-10-17
    status Active

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

32. 2022-10-17
    status Active

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

33. 2022-10-07
    status Pending

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

34. 2022-10-07
    status Pending

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

35. 2022-10-07
    status Pending

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

36. 2022-09-30
    listed $185,000 Active

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

37. 2022-09-30
    listed $185,000 Active

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

38. 2022-09-30
    listed $185,000 Active

    Show marketing remark (809 chars)

    Great opportunity to own a solid investment upper/lower duplex in a convenient Wyoming location, OR owner occupy lower unit to defray your housing costs. Spacious 1st floor apt has 2 beds, 1 bath, good storage, great light, high ceilings, front porch & back 3-season room. Updates include paint, flooring & newer appliances. Entry from lower apt, and shared exterior to clean dry basement with W/ D hook-up (possible shared laundry and addtl storage). Newer roof, replacement windows & detached garage! Split gas and electric, private peaceful fenced back yard with firepit area. Pride of ownership in neighborhood. Long term tenant on month-to-month rental agreement in upper unit, rent significantly under market value. Tenant may want to continue renting. Buyer to verify all information.

39. 2016-05-19
    soldstatus $48,750
40. 2015-01-27
    historical
41. 2015-01-27
    historical
42. 2015-01-27
    historical
43. 2006-09-25
    listed $87,900
44. 2006-07-20
    listed $87,900
45. 2006-01-12
    listed $94,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $6,365 · $530/mo
• Projected year-2 tax: $6,365 · $530/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,027
• − Mortgage interest: −$13,438
• − Property taxes: −$6,365
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,242
• − Management: −$2,242
• − Depreciation: −$6,979
• Taxable loss: −$4,438
• Est. tax savings @ 24.0%: +$1,065
• After-tax cash flow: $546/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Godfrey-Lee Public Schools
• NCES district ID: 2616080
• Math proficiency: 9% ▼ -1.00%
• Reading proficiency: 27% ▲ 5.00%
• Median HH income: $39,436
• Composite: 15.17/100
• National rank: #9345
• State rank: #482 of 540 in MI

Livability — Wyoming

• Score: 77/100
• State rank: #126
• US rank: #3095

Category grades

Amenities F Commute F Cost of living A+ Crime D- Employment B- Housing A+ Health & safety A+ User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wyoming, MI
• County: Kent County · 533,805 people
• City population: 56,117
• Metro: Grand Rapids-Kentwood, MI
• Population (ZIP): 28,152
• Household income: $65,132
• Rent vs Own: 30.6% rent · 69.4% own
• Severe rent burden: 681.0

Population outlook (Kent County) Hauer SSP2

• Today (2025): 712,484 people
• By 2030: 748,618 · +5.1%
• By 2040: 814,777 · +14.4%
• By 2050: 868,556 · +21.9%
• By 2075: 966,487 · +35.7%
• By 2100: 967,975 · +35.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 49% Hispanic / Latino 34% Two or more races 20% Black 10% Native American 2% Asian 2%
• Hispanic origin (detail): Mexican 20% Puerto Rican 2% Cuban 2% Dominican 2%
• Common ancestry: Iranian 12% Romanian 6% Lithuanian 2%
• Foreign-born: 17% · Canada, Vietnam
• Languages at home: 70% English-only · Spanish 26% Vietnamese 1%

Political lean MEDSL · Kent

• 2024 margin: Lean D (+5.4) · D 51.8% · R 46.5% · Other 1.7%
• 2008→2024 swing: +4.8pp toward D · 2008: 0.5pp · 2024: 5.4pp
• All cycles: 2024: D+5.4 2020: D+6.1 2016: R+3.1 2012: R+7.9 2008: D+0.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -255.45%
• Current HPI: 345.1978
• Rent YoY: —
• Metro: Grand Rapids-Kentwood, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+152.8% since first listed

35 events — show timeline

• 2026-06-14 Price Changed $239,900 REALCOMP
• 2026-06-13 Price Changed $239,900 MiRealSource-MiMLS
• 2026-06-04 Price Changed $245,000 MiRealSource-MiMLS
• 2026-06-04 Price Changed $245,000 REALCOMP
• 2026-05-08 Listed $249,000 MiRealSource-MiMLS
• 2026-05-08 Listed $249,000 REALCOMP
• 2023-01-24 Sold (Public Records) $170,000 Public Records
• 2023-01-17 Sold (MLS) $170,000 SW Michigan MLS
• 2023-01-17 Sold (MLS) $170,000 MiRealSource-MiMLS
• 2023-01-17 Sold (MLS) $170,000 REALCOMP
• 2022-11-18 Pending — MiRealSource-MiMLS
• 2022-11-18 Pending — REALCOMP
• 2022-11-18 Pending — SW Michigan MLS
• 2022-11-02 Price Changed $169,900 MiRealSource-MiMLS
• 2022-11-01 Price Changed $169,900 REALCOMP
• 2022-11-01 Price Changed $169,900 SW Michigan MLS
• 2022-10-19 Price Changed $179,900 MiRealSource-MiMLS
• 2022-10-18 Price Changed $179,900 REALCOMP
• 2022-10-18 Price Changed $179,900 SW Michigan MLS
• 2022-10-17 Relisted — MiRealSource-MiMLS
• 2022-10-17 Relisted — REALCOMP
• 2022-10-17 Relisted — SW Michigan MLS
• 2022-10-07 Pending — MiRealSource-MiMLS
• 2022-10-07 Pending — REALCOMP
• 2022-10-07 Pending — SW Michigan MLS
• 2022-09-30 Listed $185,000 SW Michigan MLS
• 2022-09-30 Listed $185,000 MiRealSource-MiMLS
• 2022-09-30 Listed $185,000 REALCOMP
• 2016-05-19 Sold (Public Records) $48,750 Public Records
• 2015-01-27 Listing Removed — SW Michigan MLS
• 2015-01-27 Listing Removed — SW Michigan MLS
• 2015-01-27 Listing Removed — SW Michigan MLS
• 2006-09-25 Listed $87,900 SW Michigan MLS
• 2006-07-20 Listed $87,900 SW Michigan MLS
• 2006-01-12 Listed $94,900 SW Michigan MLS

Property tax history

+9.2%/yr

Latest (2025): $6,365 · +38.1% YoY. Source: county tax records.