130 College Avenue NE Grand Rapids, MI $ 415,000
130 College Avenue NE
$ 415,000
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130 College Avenue NE

Grand Rapids, MI, 49503
$ 415,000
Baths3.0

Monthly Estimate*

$ 2,620

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $415,000 with 3 full baths. This home was built in 1890 on a lot size of 0.24.

Turnkey Heritage Hill Investment Opportunity! This fully rented 3-unit property offers immediate income in one of Grand Rapids' most desirable neighborhoods. Ideally located within walking distance of Downtown Grand Rapids, the Medical Mile, Michigan Street, Martha's Vineyard, and countless restaurants, coffee shops, and local amenities, this property is perfectly positioned to attract long-term tenants. The spacious main floor unit features 2 bed rooms, 2 full baths, a kitchen with a large center island, in-unit washer and dryer, garage parking, a private patio overlooking the large backyard, and a full basement with abundant storage. Located on the second floor, Unit 2 is filled with natural light and offers a cozy bedroom, full bathroom, and inviting living space. Also on the second floor, Unit 3 features a spacious living room, comfortable bedroom, bathroom, and kitchen. With all three units currently leased, this well-maintained property provides immediate cash flow with excellent long-term investment potential. The exterior has a new fresh coat of paint that was just completed. Whether you're looking to expand your portfolio or invest in one of Grand Rapids' most sought-after historic neighborhoods, this Heritage Hill multi-family is an opportunity you won't want to miss. Showings to begin after 12pm on Friday, July 17th. Offers will be due on Sunday 07/19/26 by 6pm.

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Multi-Family Pending

Price

$ 415,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,031

Style

2 to 4 Units

Lot Size

0.24

Year Built

1890

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26036097

Features
General
Heating Hot Water Radiant
Cooling Window Unit(s)
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow See Remarks
Roof Composition
Construction Materials Wood Siding
Year Built 1890
Tenant Pays None
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2026
Ownership Private Owned
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Pending
Directions South of Michigan on College to 130. East side of College.
City Grand Rapids
High School District Grand Rapids
Zoning Description RMHH3_RES MULTI
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 10370.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 7031.39
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://unbranded.visithome.ai/cY9MyFiWjDgc9nSunXoVae?mu=ft&t=1783382213
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 139850
Legal Description LOT 8* WOOD S SUBDIVISION* OF A PART OF COIT & CURTIS PARTITION PLAT
Senior Community None
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Interior
Basement Crawl Space Michigan Basement Partial
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Laundry Closet
Total Baths 3
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Exterior
Parking Features Paved
Lot Features Level
Total Parking 4.0
Lot Size Area 0.24
Number of Buildings 1
Spa N
Lot Dimensions 61x170
Lot Size Acres 0.24
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 1 130
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* Excluded Features
List By
Novosad Realty Partners

Broker

sommer@sjdmovesgr.com

Email

Affordability Calculator

$3,206
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,620
Monthly Property Taxes
$586
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/15/2026$415,000 Listed Price

Map


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130 College Avenue NE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $415,000 with a lot size of 0.24. 130 College Avenue NE is a studio with 3.0 baths and was built in 1890. The property's zip code is 49503 which is in Grand Rapids, MI