Properties for sale in Michigan

Overview

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

Location Property Info

County: Kent
Street #: 226
Street Name: College
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503

General Property Info

Lot Measurement: Acres
Lot Square Footage: 7797
Lot Acres: 0.18
Lot Dimensions: 50 x 155.76
Year Built: 1900
New Construction: No
Financial Available: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-12-01
Road Frontage: 50
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 2212
Total Parking Spaces: 5
Waterfront: No
School District: Grand Rapids
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 41-14-30-204-018
Taxable Value: 249766
SEV: 268300
For Tax Year: 2026
Seller's Annual Property Tax: 12558
Tax Year: 2025
Zoning: Res Imp
Homestead %: 0
Spec Assessment & Ty: No

Remarks Misc

Directions: Michigan St south on College Ave NE to home.

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: Liv, Kit, Bed, Bath
Occupied: Yes
Monthly Rent: 1150
Bathrooms: Yes
Full Baths: Yes
SqFt: 0
Range Oven: Yes
Refrigerator: Yes

Unit 2

Unit #: 2
Unit Description: Kit, Liv/Bed, Bath
Occupied: Yes
Monthly Rent: 975
Bathrooms: Yes
Full Baths: Yes
SqFt: 0
Range/Oven: Yes
Refrigerator: Yes

Unit 3

Unit #: 3
Unit Description: Liv, Kit, Bed, Bath,
Occupied: Yes
Monthly Rent: 1400
Bathrooms: Yes
Full Baths: Yes
SqFt: 0
Range/Oven: Yes
Dishwasher: Yes
Refrigerator: Yes

Unit 4

Unit #: 4
Unit Description: Kit, Liv/Bed, Bath
Occupied: Yes
Monthly Rent: 975
Bathrooms: Yes
Full Baths: Yes
SqFt: 0
Range/Oven: Yes
Refrigerator: Yes

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

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

Lot Description

Sidewalk: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Basement: Yes

Exterior Material

Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Baseboard: Yes

Tenant Pays

None: Yes

Driveway

Concrete: Yes
Paved: Yes

Substructure

Michigan Basement: Yes

Extras

Garages: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

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

226 College Avenue NE, Grand Rapids, MI 49503