$300,000
Grand Rapids, MI 49505
MLS# 26023210
Status: Sold
1 / 27
Property Description
Excellent investment opportunity or ideal owner-occupied duplex in the highly desirable Creston neighborhood of Northeast Grand Rapids! This well-maintained 2-unit multifamily offers strong rental potential, functional layouts, and a fantastic location close to parks, dining, shopping, and more. Unit 1 features 2 bedrooms and 1 bathroom, kitchen with dishwasher. Currently offered for $1,500/month. Unit 2 offers 2 bedrooms and 2 bathrooms, with a private entrance for added privacy. This unit is currently leased for $1500/mo. Additional highlights include newer windows, shared basement laundry, a large rear parking pad, and city rental certification valid through March 2027. Both units have separately metered gas and electric utilities.
Details
Maps
Location & Property Info
Cross Streets: Leonard and Spencer
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: 162.46
General Property Info
New Construction: No
Lot Dimensions: 50x100
Financial Available: No
Road Frontage: 50
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-03-31
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1902
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 5009
Lot Acres: 0.11
Year Built: 1900
Tax Info
Taxable Value: 126900
SEV: 126900
For Tax Year: 2025
Seller's Annual Property Tax: 6552.54
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: RES
Tax ID #: 41-14-18-376-004
Remarks & Misc
Public Remarks: Excellent investment opportunity or ideal owner-occupied duplex in the highly desirable Creston neighborhood of Northeast Grand Rapids! This well-maintained 2-unit multifamily offers strong rental potential, functional layouts, and a fantastic location close to parks, dining, shopping, and more.
Unit 1 features 2 bedrooms and 1 bathroom, kitchen with dishwasher. Currently offered for $1,500/month.
Unit 2 offers 2 bedrooms and 2 bathrooms, with a private entrance for added privacy. This unit is currently leased for $1500/mo.
Additional highlights include newer windows, shared basement laundry, a large rear parking pad, and city rental certification valid through March 2027. Both units have separately metered gas and electric utilities.
Legal: LOT 2 BLK 4* HOGEBOOM S SECOND ADDITION
Status Change Info
Sold Price/SqFt: 157.73
Under Contract Date: 2026-05-30
Sold Date: 2026-06-25
Sold Price: $300,000
Waterfront Options
Water Access Y/N: No
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
In Basement: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Concrete: 1
Substructure
Full: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 1002
Occupied: Yes
Monthly Rent: 1350
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Garb Disp: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 900
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 232
Street Name: Spencer
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49505
Zip (4): 5048
OfficeContract Info
Status: Sold
Current Price: $300,000
List Price: $309,000
Listing Date: 2026-05-18
Remarks Misc
Directions: Leonard to Plainfield, north to Spencer NE
Property Features
Laundry Features: In Basement
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water; Storm Sewer
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Concrete
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Dishwasher; Garb Disp; Range Oven; Refrigerator; Sep. Heat System
Unit 2: Refrigerator; Sep. Heat System; Washer/Dryer
Listing Office: Weichert REALTORS Plat (Main)
Listing Agent: C. Scott Hunt
Last Updated: June - 26 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively 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.