558 Madison Avenue SE Grand Rapids, MI ^$ 750,000

558 Madison Avenue SE

^$ 750,000

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Recently Listed

558 Madison Avenue SE

Grand Rapids, MI, 49503

^$ 750,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 5,180

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Multi-Family Home for sale in Grand Rapids, MI

for $750,000. This home was built in 1905 on a lot size of 0.15.

An amazing investment opportunity in Heritage Hill! This 5 unit property has separate gas and electric and is currently bringing in 7,565 dollars per month in rent. The spacious 1 bedroom, 1 bathroom units are easily rented, where tenants can walk to several bars and restaurants in the Wealthy street corridor. Call today to set up a showing and add 558 Madison to your investment portfolio!

Multi-Family Active

Price

^$ 750,000

Property Type

Multi-Family

Taxes

^$ 14,150

Style

5+ Units

Lot Size

0.15

Year Built

1905

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26058157

Features

General

Sewer Public Sewer

Heating Forced Air

Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected

Possession Close Of Escrow Subject To Tenant Rights

Construction Materials Wood Siding

Year Built 1905

Tenant Pays Electric Gas

Township City of Grand Rapids

Property Subtype 5+ Units

Tax Year 2025

County Kent

New Construction false

Property Type Multi Family

Attached Garage false

Status Active

Directions South of Wealthy east side of street

City Grand Rapids

High School District Grand Rapids

Number Of Units Total 5

Lot Size Units Acres

Lot Size Square Feet 6578

Listing Terms Cash Conventional

Land Lease Y/N N

Tax Annual Amount 14150

Lease Renewal Y/N N

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Tax Assessed Value 274052

Legal Description LOT 1* HEALD ADDITION* ALSO LOT 35 OF DORAN S ASSESSOR S PLAT NO 3

Senior Community None

Interior

Basement Michigan Basement

Basement (Y/N) true

Heating Y/N true

Total Baths 0

Exterior

Parking Features Paved

Total Parking 2

Lot Size Area 0.15

Number of Buildings 1

Spa N

Lot Dimensions 50x132

Lot Size Acres 0.15

Road Surface Type Paved

Waterfront Y/N false

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 558

* Excluded Features

List By

Five Star Real Estate (Ada)

Broker

realtorlaurenk@gmail.com

Affordability Calculator

$6,359

Per Month

Monthly Principal & Interest: $5,180
Monthly Property Taxes: $1,179
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$418,485

Percent of Sale Price 44%

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.

0 Elementary School

0 Middle School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/2/2026	$750,000		Listed Price

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558 Madison Avenue SE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $750,000 with a lot size of 0.15. 558 Madison Avenue SE has 0.0 baths and was built in 1905. The property's zip code is 49503 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 11/5/2026.

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558 Madison Avenue SE

Multi-Family Home for sale in Grand Rapids, MI

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