$849,000
Grand Rapids, MI 49503
MLS# 26018044
1 / 38
Property Description
Welcome to 226 College Ave NE, a thoughtfully updated 4-unit property in the heart of Heritage Hill, ideally located near the intersection of College Ave and Lyon St--just a short walk to Martha's Vineyard and the Montessori schools across the street. Built in 1900 and offering 2,212 finished square feet, this home blends the charm of a historic Grand Rapids property--hardwood floors, a fireplace in Unit 1, and classic architectural details--with meaningful, recent updates. The building features two studios, a one-bedroom, and a loft-style two-bedroom, with Unit 1 updated in 2024 and the remaining units updated in 2021, plus freshly painted common areas completed this month. This is a truly turnkey opportunity with strong tenant history--all tenants pay on time with no late payments, including two long-term occupants and one lease secured through spring 2027. The property is fully leased with one unit becoming available May 1, offering flexibility for an owner-occupant or the
Details
Maps
Location & Property Info
Cross Streets: Crescent NE
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 383.82
General Property Info
New Construction: No
Lot Dimensions: 50 x 155.76
Financial Available: No
Road Frontage: 50
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-12-01
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2212
Total Parking Spaces: 5
School District: Grand Rapids
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 7797
Lot Acres: 0.18
Year Built: 1900
Tax Info
Taxable Value: 249766
SEV: 268300
For Tax Year: 2026
Seller's Annual Property Tax: 12558
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: Res Imp
Tax ID #: 41-14-30-204-018
Remarks & Misc
Public Remarks: Welcome to 226 College Ave NE, a thoughtfully updated 4-unit property in the heart of Heritage Hill, ideally located near the intersection of College Ave and Lyon St--just a short walk to Martha's Vineyard and the Montessori schools across the street. Built in 1900 and offering 2,212 finished square feet, this home blends the charm of a historic Grand Rapids property--hardwood floors, a fireplace in Unit 1, and classic architectural details--with meaningful, recent updates. The building features two studios, a one-bedroom, and a loft-style two-bedroom, with Unit 1 updated in 2024 and the remaining units updated in 2021, plus freshly painted common areas completed this month.
This is a truly turnkey opportunity with strong tenant history--all tenants pay on time with no late payments, including two long-term occupants and one lease secured through spring 2027. The property is fully leased with one unit becoming available May 1, offering flexibility for an owner-occupant or the
Legal: LOT 945* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT
Waterfront Options
Water Access Y/N: No
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
In Basement: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Concrete: 1
Paved: 1
Substructure
Michigan Basement: 1
Extras
Garages: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Liv, Kit, Bed, Bath
SqFt: 0
Occupied: Yes
Monthly Rent: 1150
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Kit, Liv/Bed, Bath
SqFt: 0
Occupied: Yes
Monthly Rent: 975
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 3
Unit Description: Liv, Kit, Bed, Bath,
SqFt: 0
Occupied: Yes
Monthly Rent: 1400
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Dishwasher: 1
Refrigerator: 1
Unit 4
Unit #: 4
Unit Description: Kit, Liv/Bed, Bath
SqFt: 0
Occupied: Yes
Monthly Rent: 975
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 226
Street Name: College
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503
OfficeContract Info
Status: Active
Current Price: $849,000
List Price: $849,000
Listing Date: 2026-04-26
Remarks Misc
Directions: Michigan St south on College Ave NE to home.
Property Features
Laundry Features: In Basement
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water
Extras: Garages
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Baseboard
Driveway: Concrete; Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Dishwasher; Refrigerator
Unit 4: Range/Oven; Refrigerator
Listing Office: Own GR.Net LLC
Listing Agent: Scott Fortier
Last Updated: April - 26 - 2026
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