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301 Spencer Street NE Grand Rapids, MI $ 375,000
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301 Spencer Street NE
$ 375,000
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301 Spencer Street NE

Grand Rapids, MI, 49505
$ 375,000
Baths0.0

Monthly Estimate*

$ 2,309

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $375,000. This home was built in 1910 on a lot size of 0.09.

Turnkey fully rented duplex in a prime NE Grand Rapids location! This well-maintained property features two occupied units providing immediate cash flow, making it an excellent investment opportunity. Each unit offers a functional layout, spacious living areas, and strong rental appeal in a high-demand area. Located just minutes from downtown, parks, shopping, and major highways, the property combines convenience with long-term rental stability. Whether you're looking to expand your portfolio or secure a reliable income-producing asset, this fully leased duplex is a solid addition in a growing market. There are two different addresses for the units since it is a corner lot. 1400 Lafayette and 301 Spencer.

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Multi-Family Active

Price

$ 375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,775

Style

2 to 4 Units

Lot Size

0.09

Year Built

1910

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26007870
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Wall Unit(s)
Utilities Natural Gas Available Natural Gas Connected Electricity Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1910
Tenant Pays Electric Trash Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Kent
New Construction N
Property Type Multi Family
Status Active
City Grand Rapids
High School District Grand Rapids
Zoning Description RES
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4008.0
Listing Terms VA Loan MSHDA FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 6775.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 134732
Legal Description S 80 FT OF LOT 16 BLK 13* A L SKINNER S ADDITION
Senior Community None
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Interior
Basement Michigan Basement
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Unit
Total Baths 0
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Exterior
Lot Features Level Sidewalk Corner Lot
Total Parking 0.0
Lot Size Area 0.09
Number of Buildings 1
Spa N
Lot Dimensions 50x80
Lot Size Acres 0.09
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 301
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* Excluded Features
List By
Liz Rhoda & Co

Broker

carterrohman@gmail.com

Email

Affordability Calculator

$2,874
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$565
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
250213 Elementary School
249218 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2026$375,000 Listed Price

Map

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301 Spencer Street NE, Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $375,000 with a lot size of 0.09. 301 Spencer Street NE is a studio with 0.0 baths and was built in 1910. The property's zip code is 49505 which is in Grand Rapids, MI

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