538 Spencer Street NE City of Grand Rapids, MI $ 250,000
538 Spencer Street NE
$ 250,000
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538 Spencer Street NE

City of Grand Rapids, MI, 49505
$ 250,000
Baths0.0

Monthly Estimate*

$ 1,539

538 Spencer Street NE, City of Grand Rapids, MI 49505 - Image 1
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Studio Multi-Family Home for sale in City of Grand Rapids, MI for $250,000. This home was built in 1898 on a lot size of 0.11.

Excellent investment opportunity in the highly desirable and rapidly growing Creston neighborhood. Conveniently situated near parks, restaurants, bars, schools, shopping, and offering a quick commute to downtown Grand Rapids, this property checks all the boxes for location and long-term potential. Ideal as a buy-and-hold investment or for an owner-occupant looking to house hack, this property offers flexibility to fit a variety of strategies. Professionally managed and well-maintained, the current management company is willing to continue services, providing a smooth and seamless transition for the next owner if desired.

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Multi-Family Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,235

Style

MultiFamily

Lot Size

0.11

Year Built

1898

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026007926

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Utilities ElectricityConnected NaturalGasConnected
Possession SubjectToTenantRights
Construction Materials VinylSiding
Year Built 1898
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 Active
Directions Leonard To College N To Spencer E To Home.
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 4235.0
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 85250
Legal Description W 1/2 OF LOTS 19 & 20 * MUELLER & OESTERLE SUBDIVISION* OF PART OF BLOCK 18 STEWART & IVES ADDITION
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Exterior
Parking Features Unpaved
Lot Features CornerLot Level
Water Source Public
Total Parking 2.0
Lot Size Area 4573.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Lot Dimensions 53X86
Lot Size Acres 0.11
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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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 538
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* Excluded Features
List By
Chadwick W Jurgens

Listing Agent

Apex Realty Group

Broker

(616) 291-3342

Phone

Affordability Calculator

$1,892
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$353
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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$250,000 Listed Price

Map


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538 Spencer Street NE, City of Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $250,000 with a lot size of 0.11. 538 Spencer Street NE is a studio with 0.0 baths and was built in 1898. The property's zip code is 49505 which is in City of Grand Rapids, MI