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1040 Madison Avenue SE City of Grand Rapids, MI $ 225,000
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$ 225,000 Get more info
1040 Madison Avenue SE
$ 225,000
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1040 Madison Avenue SE

City of Grand Rapids, MI, 49507
$ 225,000
Baths0.0

Monthly Estimate*

$ 1,404

1040 Madison Avenue SE, City of Grand Rapids, MI 49507 - Image 1
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Studio Multi-Family Home for sale in City of Grand Rapids, MI for $225,000. This home was built in 1900 on a lot size of 0.14.

Updated and extra roomy 3 bedroom home, currently setup as 2 one bedroom apartments. Kitchenette in 3rd bedroom can be utilized for a savvy house-hacking individual or converted back to a bedroom. This home has all the space you need- large kitchen, dining room, main floor laundry, lots of parking and closet space plus 2 full baths!

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Multi-Family Active

Price

$ 225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,431

Style

MultiFamily

Lot Size

0.14

Year Built

1900

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65025058497
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Utilities NaturalGasConnected
Possession ClosePlus30Days
Roof Composition
Construction Materials AluminumSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2024
Community Features Sidewalks
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 8
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2431.34
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 70600
Legal Description PART OF LOT 2 COM AT THE SW COR SD LOT TH N 43 FT E 100 FT N 1 FT E 42.7 FT S 44 FT TH W 142.7 FT TO BEG* FRALICK & WORDEN S ADDITION
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Exterior
Parking Features Paved
Water Source Public
Total Parking 6.0
Lot Size Area 6098.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Lot Dimensions 43x142
Lot Size Acres 0.14
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features MainLevel
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Internal Only
Street Number 1 1040
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* Excluded Features
List By
Catherine J Conklin

Listing Agent

616 Realty Llc

Broker

(616) 421-5327

Phone

Affordability Calculator

$1,606
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,404
Monthly Property Taxes
$203
Monthly 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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/15/2025$225,000 Listed Price

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1040 Madison Avenue SE, City of Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $225,000 with a lot size of 0.14. 1040 Madison Avenue SE is a studio with 0.0 baths and was built in 1900. The property's zip code is 49507 which is in City of Grand Rapids, MI

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