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

558 Madison Avenue

^$ 750,000

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558 Madison Avenue

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

Lot Size

0.15

Year Built

1905

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70567804

Features

General

Heating Forced Air

Status Active Active

Year Built 1905

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Grand Rapids (41032)

Primary City Grand Rapids

Directions South of Wealthy east side of street

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash Conventional

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

DOM 1

Postal Code 49503

Public Remarks 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

Interior

Basement MI Basement

Total Number of Units 5

Fuel Type Natural Gas

Exterior

Exterior Wood

Frontage 50

Lot Size Area 0.15

Lot Dimensions 50x132

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Lauren Karsten

Listing Agent

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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Down Payment

Loan Term

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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 ^$411,715

Percent of Sale Price 45%

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
11/2/2026	$750,000		Listed Price

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558 Madison Avenue, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $750,000 with a lot size of 0.15. 558 Madison Avenue 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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558 Madison Avenue

Multi-Family Home for sale in Grand Rapids, MI

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