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232 Spencer Street NE Grand Rapids, MI $ 319,000
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232 Spencer Street NE
$ 319,000
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232 Spencer Street NE

Grand Rapids, MI, 49505
$ 319,000
Baths0.0

Monthly Estimate*

$ 1,964

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $319,000. This home was built in 1900 on a lot size of 0.11.

Excellent investment opportunity or ideal owner-occupied duplex in the highly desirable Creston neighborhood of Northeast Grand Rapids! This well-maintained 2-unit multifamily offers strong rental potential, functional layouts, and a fantastic location close to parks, dining, shopping, and more. Unit 1 features 2 bedrooms and 1 bathroom, kitchen with dishwasher. Currently offered for $1,500/month. Unit 2 offers 2 bedrooms and 2 bathrooms, with a private entrance for added privacy. This unit is currently leased for $1500/mo. Additional highlights include newer windows, shared basement laundry, a large rear parking pad, and city rental certification valid through March 2027. Both units have separately metered gas and electric utilities.

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Multi-Family Active

Price

$ 319,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,552

Style

2 to 4 Units

Lot Size

0.11

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26023210
Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays Electric Water Trash Sewer 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
Attached Garage N
Status Active
Directions Leonard to Plainfield north to Spencer NE
City Grand Rapids
High School District Grand Rapids
Zoning Description RES
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 5009.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 6552.54
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 126900
Legal Description LOT 2 BLK 4* HOGEBOOM S SECOND ADDITION
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Total Parking 4.0
Lot Size Area 0.11
Number of Buildings 1
Spa N
Lot Dimensions 50x100
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 1 232
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* Excluded Features
List By
Scott S. Hunt

Listing Agent

Grandville - Weichert, Realtors® - Platinum Group

Broker

Affordability Calculator

$2,510
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,964
Monthly Property Taxes
$546
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
5/18/2026$319,000 Listed Price

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232 Spencer Street NE, Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $319,000 with a lot size of 0.11. 232 Spencer Street NE is a studio with 0.0 baths and was built in 1900. The property's zip code is 49505 which is in Grand Rapids, MI

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