900 Fountain Street NE
City of Grand Rapids, MI, 49503 $ 345,000
Bedrooms2 Baths0.0 Sq 1,708 Monthly Estimate*
$ 2,178
Multi-Family Home for sale in City of Grand Rapids, MI
for $345,000 with 2 bedrooms. This 1,708 square foot home was built in 1895 on a lot size of 0.11.
Great opportunity for owner occupant to offset their mortgage by renting the other apartment or for investors looking for an updated and low maintenance home in great location. Walking distance to the Fulton St Farmers Market, GRCC, Martha's, sushi, Madcap, Black Napkin and GFS grocery. Quiet street with owner occupied homes. Private driveway, older garage good for storage or parking, small private yard and fully updated the right way by licensed contractors and all the big stuff. Don't let the age fool you on this one. Interior was completely rehabbed in 2018. Utilities are split with 2 water heaters, 2 electric meters, 2 gas meters. All windows, HVAC, plumbing, and electrical wiring in the house is new since 2017. The main floor is charming with original hardwood floors that were refinished. This apartment is currently 1 bedroom but could convert easily to 2 bedroom. All new kitchen cabinets, counters, flooring, stainless steel appliances and a gorgeous bathroom with original tile,new vanity and new plumbing. A private porch on the back enjoys the private backyard. The upper floor is a cozy 1 bedroom apartment with new bathroom with full tile shower, luxury and vinyl plank flooring, stainless steel appliances, and a large storage attic. The clean/bright basement has access from the backyard and offers great storage plus washer and dryer shared by both units. Rents are below market because the tenants have been long term and the best tenants you could possibly want or find. Main floor unit 1 is currently occupied on month to month lease at $1,325 per month plus utilities (landlord only pays water and mows lawn). Upstairs Unit 2 is currently vacant. What a great chance to offset your mortgage while living in a remodeled and cute home! Detailed list of improvements attached to listing. All appliances including washer and dryer are included. Selling broker is a member of the LLC that owns the property.
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FeaturesInteriorInterior Amenities Storage
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea GasDryerHookup InBasement WasherHookup
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GeneralSewer PublicSewer SewerAtStreet StormDrain
Heating Baseboard Ductless Electric ForcedAir NaturalGas
Utilities ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected
Possession CloseOfEscrow SubjectToTenantRights
Roof Composition
Construction Materials ShingleSiding
Year Built 1895
Property Subtype MultiFamily
Tax Year 2025
County Kent
Insurance Expense 1250.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions East on Fountain from Eastern or Houseman.
City GrandRapidsCity_Kent
Disclosures MineralRights
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 4516.59
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 Active
Occupancy Type Tenant
Tax Assessed Value 89833
Legal Description LOT 1203* STEINMANN S ASSESSOR S PLAT NO 42
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ExteriorParking Features Garage Paved
Lot Features Level
Water Source Public
Total Parking 2.0
Lot Size Area 4877.0
Number of Buildings 1
Spa N
Building Area Total 1708.0
Lot Dimensions 37x129
Lot Size Acres 0.11
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByErin C FesterListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $2,178
- Monthly Property Taxes
- $376
- 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.
Learn more about how to save NearbyMulti-family listings in Grand Rapids, MI
Average List Price $405,324
Percent of Sale Price 17%
About Grand Rapids, MI 199,553 Population
1% Since 2002
$ 43,558 Median Income
34 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4909624 Elementary School
4909684 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/27/2026 | $345,000 | | Listed Price |