321 Henry Avenue SE
City of Grand Rapids, MI, 49503 $ 425,000
Baths0.0 Sq 2,423 Monthly Estimate*
$ 2,651
Studio Multi-Family Home for sale in City of Grand Rapids, MI
for $425,000. This 2,423 square foot home was built in 1897 on a lot size of 0.14.
Incredible opportunity to own this beautifully maintained up-and-down 2-unit just steps from the vibrant Wealthy Street Corridor. Walk to Donkey Taqueria, Rowster Coffee, Wealthy Street Bakery and more. The main-floor unit offers a private front porch and entrance, hardwood floors, spacious living and dining rooms, kitchen, 2 bedrooms, full bath, basement storage, yard with garden, private back entrance, and a 2-stall garage. The upper unit features hardwood floors, a large porch, living and dining rooms, updated full bath, 2 bedrooms plus office, generous kitchen with pantry, mudroom, and basement storage. Both units share a convenient laundry area. Enjoy 5 off-street parking spaces, newer roof, newer furnaces, 2 AC units, fresh garage concrete, split utilities, and a city rental certificate valid through 2026.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected
Possession CloseOfEscrow SubjectToTenantRights
Roof Composition
Construction Materials Stone WoodSiding
Year Built 1897
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Pending
Directions Between 650 Cherry And Wealthy.
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4224.28
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
Virtual Tour https://www.zillow.com/view-imx/5b84d76f-9247-4fc1-b274-1210c553dcb9?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard https://www.zillow.com/view-imx/5b84d76f-9247-4fc1-b274-1210c553dcb9?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Building Area Units SquareFeet
Standard Status Pending
Occupancy Type Owner
Tax Assessed Value 81811
Legal Description LOT 14* COLTON S SUBDIVISION OF BLK 8* HOLBROOK S ADD N
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InteriorBasement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea
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ExteriorParking Features Garage Unpaved
Water Source Public
Total Parking 5.0
Lot Size Area 6098.0
Number of Buildings 1
Spa N
Building Area Total 2423.0
Lot Dimensions 50x122
Lot Size Acres 0.14
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByRe/Max Of Grand Rapids (Fh)Broker
Affordability Calculator
- Monthly Principal & Interest
- $2,651
- Monthly Property Taxes
- $352
- 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.
Learn more about how to save NearbyMulti-family listings in Grand Rapids, MI
Average List Price $543,111
Percent of Sale Price 28%
About Grand Rapids, MI 199,553 Population
1% Since 2002
$ 43,558 Median Income
34 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4909624 Elementary School
4909684 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/3/2025 | $425,000 | | Listed Price |