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301 Spencer Street NE City of Grand Rapids, MI $ 375,000
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$ 375,000 Get more info
301 Spencer Street NE
$ 375,000
Back to search
Share Save

301 Spencer Street NE

City of Grand Rapids, MI, 49505
$ 375,000
Baths0.0 Sq 2,306

Monthly Estimate*

$ 2,309

301 Spencer Street NE, City of Grand Rapids, MI 49505 - Image 1
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Studio Multi-Family Home for sale in City of Grand Rapids, MI for $375,000. This 2,306 square foot home was built in 1910 on a lot size of 0.09.

Turnkey fully rented duplex in a prime NE Grand Rapids location! This well-maintained property features two occupied units providing immediate cash flow, making it an excellent investment opportunity. Each unit offers a functional layout, spacious living areas, and strong rental appeal in a high-demand area. Located just minutes from downtown, parks, shopping, and major highways, the property combines convenience with long-term rental stability. Whether you're looking to expand your portfolio or secure a reliable income-producing asset, this fully leased duplex is a solid addition in a growing market. There are two different addresses for the units since it is a corner lot. 1400 Lafayette and 301 Spencer.

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Multi-Family Pending

Price

$ 375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,775

Style

MultiFamily

Lot Size

0.09

Year Built

1910

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026007870
Features
General
Sewer PublicSewer SewerAtStreet StormDrain
Heating ForcedAir NaturalGas
Cooling WallUnits
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials VinylSiding
Year Built 1910
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Pending
City GrandRapidsCity_Kent
Disclosures MineralRightsExcluded
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6775.0
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
Occupancy Type Tenant
Tax Assessed Value 134732
Legal Description S 80 FT OF LOT 16 BLK 13* A L SKINNER S ADDITION
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Exterior
Parking Features None
Lot Features CornerLot Level
Water Source Public
Total Parking 0.0
Lot Size Area 4008.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Building Area Total 2306.0
Lot Dimensions 50x80
Lot Size Acres 0.09
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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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features InUnit
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Internal Only
Street Number 1 301
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* Excluded Features
List By
Carter F Rohman

Listing Agent

Liz Rhoda & Co

Broker

(248) 904-6640

Phone

Affordability Calculator

$2,874
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$565
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2026$375,000 Listed Price

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301 Spencer Street NE, City of Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $375,000 with 2,306 sqft and a lot size of 0.09. 301 Spencer Street NE is a studio with 0.0 baths and was built in 1910. The property's zip code is 49505 which is in City of Grand Rapids, MI

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