Property Type:
Multi Family
Lot Size (sq. ft.):
9,017
Status:
Active
Current Price:
$650,000
List Date:
10/15/2025
Last Modified:
2/10/2026
513 Crescent Street NE, Grand Rapids, MI 49503
$650,000
Description
Incredible investment opportunity in Heritage Hill! Walking distance to Martha's Vineyard, hospitals, downtown. 6 units, each one has a different floor plan. Each are 1 bed 1 bath. All units have private entrances. All units are occupied. Massive off-street parking in back (10 spaces). A couple of the tenants pay their own electric, owner pays all other utilities.
More Information MLS# 25052977
Location & Property Info
Cross Streets: College
Property Sub-Type: 5+ Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 43x202
Road Frontage: 43
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-02-25
Waterfront: No
Basement: Yes
Total # Units: 6
# of Diff Unit Floor Plans: 6
Total # Bldgs: 1
Total Parking Spaces: 10
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 9017
Lot Acres: 0.21
Year Built: 1900
Tax Info
Taxable Value: 387000
SEV: 387000
For Tax Year: 2025
Seller's Annual Property Tax: 6335.07
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: None Known
Zoning: Res
Tax ID #: 41-14-30-202-025
Remarks & Misc
Public Remarks: Incredible investment opportunity in Heritage Hill! Walking distance to Martha's Vineyard, hospitals, downtown. 6 units, each one has a different floor plan. Each are 1 bed 1 bath. All units have private entrances. All units are occupied. Massive off-street parking in back (10 spaces). A couple of the tenants pay their own electric, owner pays all other utilities.
Legal: LOT 889* 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: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone 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
Mineral Rights
Unknown: 1
Exterior Material
Stucco: 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
Driveway
Paved: 1
Substructure
Michigan Basement: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 1
SqFt: 0
Occupied: Yes
Monthly Rent: 815
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 2
SqFt: 0
Occupied: Yes
Monthly Rent: 825
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 3
SqFt: 0
Occupied: Yes
Monthly Rent: 825
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 4
SqFt: 0
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 5
SqFt: 0
Occupied: Yes
Monthly Rent: 870
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: 6
SqFt: 0
Occupied: Yes
Monthly Rent: 925
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 513
Street Name: Crescent
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49503
Zip (4): 3474
OfficeContract Info
Status: Active
Current Price: $650,000
List Price: $650,000
Listing Date: 2025-10-15
Remarks Misc
Directions: South off College Ave exit, left on Crescent off College, home is on the left.
Property Features
Exterior Material: Stucco
Roofing: Composition
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Listing Office:
Five Star Real Estate (Main)
Listing Agent:
Jeffrey M Blahnik
Last Updated: February - 10 - 2026
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