816 Prospect Avenue NE Grand Rapids, MI ^$ 238,000

816 Prospect Avenue NE

^$ 238,000

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816 Prospect Avenue NE

Grand Rapids, MI, 49503

^$ 238,000

Studio Baths0.0

Monthly Estimate*

^$ 1,485

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $238,000. This home was built in 1860 on a lot size of 0.15.

Don't miss out on a great opportunity to own a large duplex in NE Grand Rapids. This duplex has a washer and dryer in both units, 4 off-street parking spots, and a good amount of space in each unit making this duplex desirable for all renters! The convenient, close to downtown location is another great feature of this property. The home also has newer vinyl siding, windows, roof, and soffits giving you peace of mind for your investment. Schedule your showing today!

Multi-Family Pending

Price

^$ 238,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,446

Style

2 to 4 Units

Lot Size

0.15

Year Built

1860

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

25055715

Features

General

Heating Forced Air

Utilities Natural Gas Connected Electricity Connected Cable Connected

Possession Close Of Escrow

Roof Composition

Construction Materials Vinyl Siding

Year Built 1860

Tenant Pays Electric Trash Gas

Township City of Grand Rapids

Property Subtype 2 to 4 Units

Tax Year 2025

County Kent

New Construction N

Property Type Multi Family

Attached Garage N

Status Pending

Directions WB on 1-96 college St exit continue straight onto Hastings R onto Lafayette R onto Bradford L onto Prospect. Home on the Right.

City Grand Rapids

High School District Grand Rapids

Zoning Description RES

Number Of Units Total 2

MLS Area Grand Rapids - G

Lot Size Units Acres

Lot Size Square Feet 6534.0

Listing Terms VA Loan FHA Cash Conventional

Land Lease Y/N N

Tax Annual Amount 3446.14

Lease Renewal Y/N N

MLS Area Minor Grand Rapids - G

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Pending

Occupancy Type Tenant

Tax Assessed Value 66808

Legal Description 411419184034 LOT 19 BLK 10 ALSO THAT PART OF VACATED PORTION OF ALLEY ADJ TO SD LOT ON THE E * W C BRADFORD'S ADDITION SPLIT/COMBINED ON 05/05/2016 FROM 41-14-19-184-010;

Senior Community None

Interior

Basement Michigan Basement

Basement (Y/N) Y

Heating Y/N Y

Laundry Features In Unit Lower Level Upper Level

Total Baths 0

Exterior

Parking Features Concrete Driveway

Total Parking 4.0

Lot Size Area 0.15

Number of Buildings 1

Spa N

Lot Dimensions 50 X 125

Lot Size Acres 0.15

Road Surface Type Paved

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 816

* Excluded Features

List By

Reeds Realty

Broker

brandijharr@gmail.com

Affordability Calculator

$1,772

Per Month

Monthly Principal & Interest: $1,485
Monthly Property Taxes: $287
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$543,111

Percent of Sale Price 128%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

250213 Elementary School

249218 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2025	$236,900		Listed Price

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816 Prospect Avenue NE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $238,000 with a lot size of 0.15. 816 Prospect Avenue NE is a studio with 0.0 baths and was built in 1860. The property's zip code is 49503 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 12/10/2025.

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816 Prospect Avenue NE

Multi-Family Home for sale in Grand Rapids, MI

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