349 Richard Terrace SE, Grand Rapids, MI 49506

New Listing
$499,900
Property Type: Multi Family Lot Size (sq. ft.): 4,487 Status: Active
Current Price: $499,900 List Date: 8/26/2026 Last Modified: 8/26/2026

Overview

Description

Welcome to this meticulously maintained Eastown duplex, perfectly situated within walking distance of Wealthy Street, local restaurants, bars, shops, and all that this vibrant neighborhood has to offer. Bursting with character and lovingly cared for, this property offers an exceptional opportunity for an owner-occupant or investor. The lower unit features 2 bedrooms and 1.5 baths, a large living room, spacious formal dining room, and kitchen equipped with brand-new stainless steel appliances. The upper unit offers 2 bedrooms, 1 full bath, a large living room, formal dining room, and kitchen, preserving the home's classic charm and character throughout. Designed with privacy and convenience in mind, each unit has its own separate entrance, basement space and entrance, and laundry. Outside, enjoy a large inviting front porch, fenced backyard, and two stall garage. Recent improvements include a brand-new roof, new windows, two new furnaces, two new A/C units, a new driveway, and

Supplements: a new back walkway. The level of maintenance and care throughout this home is truly impressive. With its combination of historic character, thoughtful updates, functional layout, and unbeatable Eastown location, this is a property you won't want to miss!

Open Houses

Listing Details MLS# 26045099

Location Property Info

County
Kent
Street #
349
Street Name
Richard
Suffix
Terrace
Post Direction
SE
State
MI
Zip Code
49506
Zip (4)
1718

General Property Info

Lot Measurement
Acres
Lot Square Footage
4487
Lot Acres
0.1
Lot Dimensions
40 x 112
Year Built
1905
New Construction
No
Cert of Compliance
No
Road Frontage
40
Total # Units
2
# of Diff Unit Floor Plans
Yes
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
4200
Total Parking Spaces
2
Waterfront
No
School District
Grand Rapids
Association YN
No
Basement
Yes

Tax Info

Tax ID #
41-14-29-457-023
Taxable Value
105198
SEV
337400
For Tax Year
2026
Seller's Annual Property Tax
3487.35
Tax Year
2026
Homestead %
100
Spec Assessment & Ty
none known

Remarks Misc

Directions
E on 196, South on Fuller, East on Lake Dr, S on Richard Terrace, Home on West

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Unit 1

Unit #
Yes
Unit Description
Lower Level
SqFt
2112
Occupied
Yes
Bathrooms
2
Full Baths
Yes
Half Baths
Yes
Monthly Rent
0
Central Air
Yes
Deck/Patio
Yes
Dishwasher
Yes
Fireplace
Yes
Garage
Yes
Garb Disp
Yes
Range Oven
Yes
Refrigerator
Yes
Sep. Heat System
Yes
Washer/Dryer
Yes

Unit 2

Unit #
2
Unit Description
Upper Level
SqFt
2088
Occupied
No
Bathrooms
Yes
Full Baths
Yes
Monthly Rent
0
Central Air
Yes
Deck/Patio
Yes
Dishwasher
Yes
Range/Oven
Yes
Refrigerator
Yes
Sep. Heat System
Yes
W/D Hookup
Yes

Location & Property Info

Cross Streets
Lake and Wealthy
Property Sub-Type
2 to 4 Units
Municipality
City of Grand Rapids

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
119.02

Remarks & Misc

Public Remarks
Welcome to this meticulously maintained Eastown duplex, perfectly situated within walking distance of Wealthy Street, local restaurants, bars, shops, and all that this vibrant neighborhood has to offer. Bursting with character and lovingly cared for, this property offers an exceptional opportunity for an owner-occupant or investor. The lower unit features 2 bedrooms and 1.5 baths, a large living room, spacious formal dining room, and kitchen equipped with brand-new stainless steel appliances. The upper unit offers 2 bedrooms, 1 full bath, a large living room, formal dining room, and kitchen, preserving the home's classic charm and character throughout. Designed with privacy and convenience in mind, each unit has its own separate entrance, basement space and entrance, and laundry. Outside, enjoy a large inviting front porch, fenced backyard, and two stall garage. Recent improvements include a brand-new roof, new windows, two new furnaces, two new A/C units, a new driveway, and
Legal
LOT 21* L K BISHOP ADDITION

Street Type

Paved
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
Natural Gas 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
FHA
Yes
MSHDA
Yes
VA Loan
Yes

Mineral Rights

Unknown
Yes

Laundry Features

In Basement
Yes

Exterior Material

Vinyl Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

Other
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Tenant Pays

None
Yes

Driveway

Paved
Yes

Substructure

Michigan Basement
Yes

Extras

Sep Electric Meter
Yes
Sep Gas Meter
Yes

Owner Pays

None
Yes

Possession

Negotiable
Yes

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Roofing: Composition Substructure: Michigan Basement 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; Public Sewer; Public Water Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: None Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan Possession: Negotiable Sale Conditions: Other Unit 1: Central Air; Deck/Patio; Dishwasher; Fireplace; Garage; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: Central Air; Deck/Patio; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup
IDX
Listing Office: Bellabay Realty LLC
Listing Agent: Michelle J Haynes
Source MLS Verified
Last Updated: August - 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.