130 College Avenue NE, Grand Rapids, MI 49503

New Listing
$415,000
Property Type: Multi Family Lot Size (sq. ft.): 10,370 Status: Active
Current Price: $415,000 List Date: 7/15/2026 Last Modified: 7/16/2026

Overview

Description

Turnkey Heritage Hill Investment Opportunity! This fully rented 3-unit property offers immediate income in one of Grand Rapids' most desirable neighborhoods. Ideally located within walking distance of Downtown Grand Rapids, the Medical Mile, Michigan Street, Martha's Vineyard, and countless restaurants, coffee shops, and local amenities, this property is perfectly positioned to attract long-term tenants. The spacious main floor unit features 2 bed rooms, 2 full baths, a kitchen with a large center island, in-unit washer and dryer, garage parking, a private patio overlooking the large backyard, and a full basement with abundant storage. Located on the second floor, Unit 2 is filled with natural light and offers a cozy bedroom, full bathroom, and inviting living space. Also on the second floor, Unit 3 features a spacious living room, comfortable bedroom, bathroom, and kitchen. With all three units currently leased, this well-maintained property provides immediate cash flow with excellent

Supplements: long-term investment potential. Whether you're looking to expand your portfolio or invest in one of Grand Rapids' most sought-after historic neighborhoods, this Heritage Hill multi-family is an opportunity you won't want to miss. Showings to begin after 12pm on Friday, July 17th.

Listing Details MLS# 26036097

Location Property Info

County
Kent
Street #
130
Street Name
College
Suffix
Avenue
Post Direction
NE
State
MI
Zip Code
49503

General Property Info

Lot Measurement
Acres
Lot Square Footage
10370
Lot Acres
0.24
Lot Dimensions
61x170
Year Built
1890
New Construction
No
Cert of Compliance
Yes
Road Frontage
61
Total # Units
3
# of Diff Unit Floor Plans
3
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
2823
Total Parking Spaces
4
Waterfront
No
School District
Grand Rapids
Association YN
No
Basement
Yes

Tax Info

Tax ID #
41-14-30-252-010
Taxable Value
139850
SEV
227700
For Tax Year
2026
Seller's Annual Property Tax
7031.39
Tax Year
2025
Spec Assessment & Ty
None
Zoning
RMHH3_RES MULTI
Homestead %
0

Remarks Misc

Directions
South of Michigan on College to 130. East side of College.

Access Feat

Accessibility Features
No

More Information

Unit 1

Unit #
Yes
Unit Description
2 Bedrooms Main Flr
SqFt
1300
Occupied
Yes
Monthly Rent
1795
Bathrooms
2
Full Baths
2
A/C Unit
Yes
Deck/Patio
Yes
Fireplace
Yes
Garage
Yes
Range Oven
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Unit 2

Unit #
2
Unit Description
1 bed/1 bath
SqFt
650
Occupied
Yes
Monthly Rent
1195
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 3

Unit #
3
Unit Description
1 bed/1 bath
SqFt
650
Occupied
Yes
Monthly Rent
975
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
A/C Unit
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
Lyon & Fountain
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
147.01

Remarks & Misc

Public Remarks
Turnkey Heritage Hill Investment Opportunity! This fully rented 3-unit property offers immediate income in one of Grand Rapids' most desirable neighborhoods. Ideally located within walking distance of Downtown Grand Rapids, the Medical Mile, Michigan Street, Martha's Vineyard, and countless restaurants, coffee shops, and local amenities, this property is perfectly positioned to attract long-term tenants. The spacious main floor unit features 2 bed rooms, 2 full baths, a kitchen with a large center island, in-unit washer and dryer, garage parking, a private patio overlooking the large backyard, and a full basement with abundant storage. Located on the second floor, Unit 2 is filled with natural light and offers a cozy bedroom, full bathroom, and inviting living space. Also on the second floor, Unit 3 features a spacious living room, comfortable bedroom, bathroom, and kitchen. With all three units currently leased, this well-maintained property provides immediate cash flow with excellent
Legal
LOT 8* WOOD S SUBDIVISION* OF A PART OF COIT & CURTIS PARTITION PLAT

Lot Description

Level
Yes

Street Type

Public
Yes

Util Avail at Street

None
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Mineral Rights

Unknown
Yes

Laundry Features

Laundry Closet
Yes

Exterior Material

Wood Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Hot Water
Yes
Radiant
Yes

Air Conditioning

Window Unit(s)
Yes

Tenant Pays

None
Yes

Driveway

Paved
Yes

Substructure

Crawl Space
Yes
Michigan Basement
Yes
Partial
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes
See Remarks
Yes

Property Features

Laundry Features: Laundry Closet Exterior Material: Wood Siding Roofing: Composition Substructure: Crawl Space; Michigan Basement; Partial Lot Description: Level Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: None Owner Pays: Electricity; Gas; Sewer; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Hot Water; Radiant Air Conditioning: Window Unit(s) Driveway: Paved Street Type: Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow; See Remarks Sale Conditions: None Unit 1: A/C Unit; Deck/Patio; Fireplace; Garage; Range Oven; Refrigerator; Washer/Dryer Unit 2: A/C Unit; Range/Oven; Refrigerator Unit 3: Range/Oven; A/C Unit; Refrigerator
IDX
Listing Office: Novosad Realty Partners
Listing Agent: Sommer Dockery
Source MLS Verified
Last Updated: July - 16 - 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.