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745 Prospect Avenue SE Grand Rapids, MI $ 319,500
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$ 319,500 Get more info
745 Prospect Avenue SE
$ 319,500
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Open House 8/16 12pm - 2pm
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745 Prospect Avenue SE

Grand Rapids, MI, 49503
$ 319,500
Baths0.0

Monthly Estimate*

$ 2,017

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $319,500. This home was built in 1900 on a lot size of 0.1.

OPEN 12-2 SUN 8/16. Lovely two unit investment property located in South Hill just outside Heritage Hill. Conveniently located near downtown GR happenings, restaurants and pubs on Wealthy Street, Trinity Health and easy access to expressways and bus lines. Offering solid potential for income diversification. Could be ideal owner occupied as upper unit is currently vacant. Property offers loads of old world character and charm all the way through. Main floor with 2 bedrooms, wood flooring, high 10' ceilings, ornate wood work, spacious foyer, french doors and fireplace. Upper level with 3 bedrooms, high ceilings, wood flooring, nice wood work & trim, transom window, access to unfinished 3rd floor attic. All appliances remain including double washer & dryers. Basement offers separate locked storage areas & separate laundry area for each unit. City Certified thru 5/21/30. New roof 2024, many newer windows, 2 newer water heaters, ext was painted 3 years ago. Quaint rear yard. Hurry! Main floor tenant has occupied the unit for 20 years. If offers are received, seller will review Tuesday 8/18 at 7 pm.

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Open House

8/16/2026 12:00 PM - 2:00 PM
745 Prospect Avenue SE Grand Rapids, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 319,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,311

Style

2 to 4 Units

Lot Size

0.1

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26042512
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Wood Siding
Year Built 1900
Tenant Pays Electric Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Kent
Insurance Expense 2665.0
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Corner of Franklin and Prospect
City Grand Rapids
High School District Grand Rapids
Zoning Description Res
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4400.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 2311.74
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 43855
Legal Description E 100 FT OF S 44 FT OF LOT 10 BLK 8* J PENNEY S ADDITION* BEING PART OF E 1/2 OF NW 1/4 SEC 31-7-11
Senior Community None
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Interior
Basement Full Walk-Out Access
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Laundry Features Common Area In Basement Laundry Room See Remarks
Total Baths 0
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Exterior
Parking Features Paved
Lot Features Sidewalk Corner Lot
Total Parking 0.0
Lot Size Area 0.1
Number of Buildings 1
Spa N
Lot Dimensions 44x100
Lot Size Acres 0.1
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 1 745
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* Excluded Features
List By
Pro Real Estate Services Llc

Broker

realestateaurelia@gmail.com

Email

Affordability Calculator

$2,210
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,017
Monthly Property Taxes
$193
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/13/2026$319,500 Listed Price

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745 Prospect Avenue SE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $319,500 with a lot size of 0.1. 745 Prospect Avenue SE 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

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