$364,900
Grand Rapids, MI 49503
MLS# 26016725
1 / 56
Property Description
Investor or Owner Occupant dream two unit located in the heart of the Historic Wealthy St Business District and Cherry Hills. Currently, owner occupied and outstanding high occupancy 2nd floor rental unit. Both have exactly 1,149 square feet of adorable and very functional 2 bed/1 bath floor plans with washer and dryer in both units and spacious living areas and kitchens. Minutes from major hospitals and downtown Grand Rapids and freeway access. Lower unit could rent for 1600-1800 and upper unit for 1600 a month. Enjoy the historic charm, beautiful original woodwork, high ceilings, tons of windows offering plenty of sunshine and a beautiful front porch. Plenty of rear off street parking is an extra bonus you do not find often in the city.
Details
Maps
Location & Property Info
Cross Streets: Wealthy & Charles
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: 158.79
General Property Info
New Construction: No
Lot Dimensions: 42 x 132
Road Frontage: 42
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 0
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2298
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 5532
Lot Acres: 0.13
Year Built: 1880
Tax Info
Taxable Value: 101201
SEV: 225800
For Tax Year: 2025
Seller's Annual Property Tax: 4198
Tax Year: 2025
Homestead %: 50
Spec Assessment & Ty: None known
Zoning: R2
Tax ID #: 41-14-30-482-023
Remarks & Misc
Public Remarks: Investor or Owner Occupant dream two unit located in the heart of the Historic Wealthy St Business District and Cherry Hills. Currently, owner occupied and outstanding high occupancy 2nd floor rental unit. Both have exactly 1,149 square feet of adorable and very functional 2 bed/1 bath floor plans with washer and dryer in both units and spacious living areas and kitchens. Minutes from major hospitals and downtown Grand Rapids and freeway access. Lower unit could rent for 1600-1800 and upper unit for 1600 a month. Enjoy the historic charm, beautiful original woodwork, high ceilings, tons of windows offering plenty of sunshine and a beautiful front porch. Plenty of rear off street parking is an extra bonus you do not find often in the city.
Legal: LOT 9* CALKIN S SUBDIVISION* OF PART OF BLKS 9 & 10 HOLBROOK S ADDITION
Waterfront Options
Water Access Y/N: No
Lot Description
Level: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
High Speed Internet: 1
Utilities Attached
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 Unit: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Concrete: 1
Substructure
Full: 1
Michigan Basement: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Tenant Storage: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Downstairs
SqFt: 1149
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Central Air: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Upstairs
Identical Units: 1
SqFt: 1149
Occupied: No
Monthly Rent: 1450
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Washer/Dryer: 1
Possession
Close Plus 30 Days: 1
Location Property Info
County: Kent
Street #: 320
Street Name: Charles
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Zip (4): 4725
OfficeContract Info
Status: Active
Current Price: $364,900
List Price: $364,900
Listing Date: 2026-04-21
Remarks Misc
Directions: Wealthy St SE to Charles, North on Charles. Between Wealthy and Cherry Streets.
Property Features
Laundry Features: In Unit
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full; Michigan Basement
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet
Extras: Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air; Window Unit(s)
Driveway: Concrete
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Plus 30 Days
Sale Conditions: None
Unit 1: Central Air; Dishwasher; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Unit 2: A/C Unit; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Listing Office: City2Shore Real Estate (GR)
Listing Agent: Craig Geers
Last Updated: April - 21 - 2026
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