301 Spencer Street Grand Rapids, MI ^$ 375,000

301 Spencer Street

^$ 375,000

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301 Spencer Street

Grand Rapids, MI, 49505

^$ 375,000

Studio Baths0.0 Sq 2,306

Monthly Estimate*

^$ 2,309

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Studio

Multi-Family Home for sale in 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.

Multi-Family Active

Price

^$ 375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,775

Style

Lot Size

0.09

Year Built

1910

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70517551

Features

General

Heating Forced Air

Status Active Active

Year Built 1910

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Grand Rapids (41032)

Primary City Grand Rapids

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash Conventional FHA VA

Legal Description S 80 FT OF LOT 16 BLK 13* A L SKINNER S ADDITION

DOM 1

Postal Code 49505

Price Per Sq Ft Total AG 162.62

Public Remarks Turnkey fully rented duplex in a prime NE Grand Rapids location! This well-maintained property features two occupied units providing immediate cash flow

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 50

Lot Size Area 0.09

Lot Dimensions 50x80

Lot Description Sidewalks

Roads City/County

Waterfront Y/N No

* Excluded Features

List By

Carter Rohman

Listing Agent

Liz Rhoda & Co

Broker

carterrohman@gmail.com

Affordability Calculator

$2,874

Per Month

Monthly Principal & Interest: $2,309
Monthly Property Taxes: $565
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$425,188

Percent of Sale Price 13%

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.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2026	$375,000		Listed Price

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301 Spencer Street, 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 is a studio with 0.0 baths and was built in 1910. The property's zip code is 49505 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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301 Spencer Street

Multi-Family Home for sale in Grand Rapids, MI

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