538 Spencer Street Grand Rapids, MI ^$ 250,000

538 Spencer Street

^$ 250,000

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Recently Listed

538 Spencer Street

Grand Rapids, MI, 49505

^$ 250,000

Studio Baths0.0

Monthly Estimate*

^$ 1,539

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Studio

Multi-Family Home for sale in 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.

Multi-Family Active

Price

^$ 250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,235

Style

Lot Size

0.11

Year Built

1898

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70517608

Features

General

Heating Forced Air

Status Active Active

Year Built 1898

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Grand Rapids (41032)

Primary City Grand Rapids

Directions Leonard To College N To Spencer E To Home.

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash Conventional

Legal Description W 1/2 OF LOTS 19 & 20 * MUELLER & OESTERLE SUBDIVISION* OF PART OF BLOCK 18 STEWART & IVES ADDITION

DOM 0

Postal Code 49505

Public Remarks Excellent investment opportunity in the highly desirable and rapidly growing Creston neighborhood. Conveniently situated near parks restaurants bars schools shopping

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 53

Lot Size Area 0.11

Lot Dimensions 53X86

Lot Description Sidewalks

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Chadwick Jurgens

Listing Agent

Apex Realty Group

Broker

chad@soldbyapex.com

Affordability Calculator

$1,892

Per Month

Monthly Principal & Interest: $1,539
Monthly Property Taxes: $353
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$425,188

Percent of Sale Price 70%

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.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2026	$250,000		Listed Price

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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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538 Spencer Street

Multi-Family Home for sale in Grand Rapids, MI

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