349 Richard Terrace SE City of Grand Rapids, MI $ 499,900
349 Richard Terrace SE
$ 499,900
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349 Richard Terrace SE

City of Grand Rapids, MI, 49506
$ 499,900
Bedrooms4 Baths0.0 Sq 4,200

Monthly Estimate*

$ 3,156

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Multi-Family Home for sale in City of Grand Rapids, MI for $499,900 with 4 bedrooms. This 4,200 square foot home was built in 1905 on a lot size of 0.1.

Welcome to this meticulously maintained Eastown duplex, perfectly situated within close distance of Wealthy Street, local restaurants, bars, shops, and all that this vibrant neighborhood has to offer. Bursting with character and lovingly cared for, this property offers an exceptional opportunity for an owner-occupant or investor. The lower unit features 2 bedrooms and 1.5 baths, a large living room, spacious formal dining room, and kitchen equipped with brand-new stainless steel appliances. The upper unit offers 2 bedrooms, 1 full bath, a large living room, formal dining room, and kitchen, preserving the home's classic charm and character throughout. Designed with privacy and convenience in mind, each unit has its own separate entrance, basement space and entrance, and laundry. Outside, enjoy a large inviting front porch, fenced backyard, and two stall garage. Recent improvements include a brand-new roof, new windows, two new furnaces, two new A/C units, a new driveway, anda new back walkway. The level of maintenance and care throughout this home is truly impressive. With its combination of historic character, thoughtful updates, functional layout, and unbeatable Eastown location, this is a property you won't want to miss! Offers due Tuesday, September 1 at 12:00 pm.

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Multi-Family Pending

Price

$ 499,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 3,487

Style

MultiFamily

Lot Size

0.1

Year Built

1905

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026045099

Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities CableConnected ElectricityConnected NaturalGasConnected SewerConnected
Possession Negotiable
Roof Composition
Construction Materials VinylSiding
Year Built 1905
Property Subtype MultiFamily
Tax Year 2026
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Pending
Directions E on 196 South on Fuller East on Lake Dr S on Richard Terrace Home on West
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3487.35
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Pending
Tax Assessed Value 105198
Legal Description LOT 21* L K BISHOP ADDITION
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Exterior
Parking Features Paved
Water Source Public
Total Parking 2.0
Lot Size Area 4487.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Building Area Total 4200.0
Lot Dimensions 40 x 112
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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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features InBasement
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Internal Only
Street Number 1 349
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* Excluded Features
List By
Michelle J Haynes

Listing Agent

Bellabay Realty Llc

Broker

(231) 944-9106

Phone

Affordability Calculator

$3,447
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,156
Monthly Property Taxes
$291
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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2026$499,900 Listed Price

Map


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349 Richard Terrace SE, City of Grand Rapids, MI, 49506 is a Multi-Family Home for sale at $499,900 with 4,200 sqft and a lot size of 0.1. 349 Richard Terrace SE has 4 bedrooms, 0.0 baths, and was built in 1905. The property's zip code is 49506 which is in City of Grand Rapids, MI