226 College Avenue Grand Rapids, MI $ 849,000
226 College Avenue
$ 849,000
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226 College Avenue

Grand Rapids, MI, 49503
$ 849,000
Baths0.0 Sq 2,212

Monthly Estimate*

$ 5,227

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $849,000. This 2,212 square foot home was built in 1900 on a lot size of 0.18.

Welcome to 226 College Ave NE, a thoughtfully updated 4-unit property in the heart of Heritage Hill, ideally located near the intersection of College Ave and Lyon St--just a short walk to Martha's Vineyard and the Montessori schools across the street. Built in 1900 and offering 2,212 finished square feet, this home blends the charm of a historic Grand Rapids property--hardwood floors, a fireplace in Unit 1, and classic architectural details--with meaningful, recent updates. The building features two studios, a one-bedroom, and a loft-style two-bedroom, with Unit 1 updated in 2024 and the remaining units updated in 2021, plus freshly painted common areas completed this month.This is a truly turnkey opportunity with strong tenant history--all tenants pay on time with no late payments, including two long-term occupants and one lease secured through spring 2027. The property is fully leased with one unit becoming available May 1, offering flexibility for an owner-occupant or the

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Multi-Family Active

Price

$ 849,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,558

Style

Lot Size

0.18

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70527732

Features
General
Heating Baseboard
Garage Additional Garage(s)
Status Active Active
Year Built 1900
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 Michigan St south on College Ave NE to home.
City Grand Rapids
School District Grand Rapids City School Distric
Financial Terms Cash Conventional
Legal Description LOT 945* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20 21 33 & 34 OF COIT & CURTIS PARTITION PLAT
DOM 1
Postal Code 49503
Price Per Sq Ft Total AG 383.82
Public Remarks Welcome to 226 College Ave NE a thoughtfully updated 4-unit property in the heart of Heritage Hill
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Interior
Basement MI Basement
Total Number of Units 4
Fuel Type Natural Gas
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Exterior
Exterior Wood
Frontage 50
Lot Size Area 0.18
Lot Dimensions 50 x 155.76
Lot Description Sidewalks
Roads City/County Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Scott Fortier

Listing Agent

Own Gr.Net Llc

Broker

scott@owngr.net

Email

Affordability Calculator

$6,274
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,227
Monthly Property Taxes
$1,047
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
3147031 Elementary School
3147033 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2026$849,000 Listed Price

Map


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226 College Avenue, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $849,000 with 2,212 sqft and a lot size of 0.18. 226 College Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 49503 which is in Grand Rapids, MI