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

232 Spencer Street

^$ 319,000

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Recently Listed

232 Spencer Street

Grand Rapids, MI, 49505

^$ 319,000

Studio Baths0.0 Sq 1,902

Monthly Estimate*

^$ 1,964

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $319,000. This 1,902 square foot 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.

Multi-Family Active

Price

^$ 319,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,552

Style

Lot Size

0.11

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70532897

Features

General

Heating Forced Air

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 Leonard to Plainfield north to Spencer NE

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash Conventional

Legal Description LOT 2 BLK 4* HOGEBOOM S SECOND ADDITION

DOM 1

Postal Code 49505

Price Per Sq Ft Total AG 167.72

Public Remarks

Exterior

Exterior Vinyl Siding

Frontage 50

Lot Size Area 0.11

Lot Dimensions 50x100

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Scott S. Hunt

Listing Agent

Grandville - Weichert, Realtors® - Platinum Group

Broker

Affordability Calculator

$2,510

Per Month

Monthly Principal & Interest: $1,964
Monthly Property Taxes: $546
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 ^$417,788

Percent of Sale Price 31%

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
5/19/2026	$319,000		Listed Price

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232 Spencer Street, Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $319,000 with 1,902 sqft and a lot size of 0.11. 232 Spencer Street 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

Each Weichert® Franchised Office Is Independently Owned and Operated

*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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232 Spencer Street

Multi-Family Home for sale in Grand Rapids, MI

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