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538 Spencer Street NE Grand Rapids, MI $ 250,000
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$ 250,000 Get more info
538 Spencer Street NE
$ 250,000
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538 Spencer Street NE

Grand Rapids, MI, 49505
$ 250,000
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.

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Multi-Family Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,235

Style

2 to 4 Units

Lot Size

0.11

Year Built

1898

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26007926
Features
General
Heating Forced Air
Utilities Electricity Available Natural Gas Connected Electricity Connected
Possession Subject To Tenant Rights
Construction Materials Vinyl Siding
Year Built 1898
Tenant Pays Electric Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Leonard To College N To Spencer E To Home.
City Grand Rapids
High School District Grand Rapids
Zoning Description Res
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4573.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4235.0
Lease Renewal Y/N N
Additional Parcels 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
Senior Community None
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Interior
Basement Michigan Basement
Basement (Y/N) Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Unpaved
Lot Features Level Sidewalk Corner Lot
Total Parking 2.0
Lot Size Area 0.11
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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Internal Only
Street Number 1 538
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* Excluded Features
List By
Apex Realty Group

Broker

chad@soldbyapex.com

Email

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
250213 Elementary School
249218 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2026$250,000 Listed Price

Map

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538 Spencer Street NE, 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 Grand Rapids, MI

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