226 College AVE NE, City Of Grand Rapids, MI 49503
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226 College AVE NE, City Of Grand Rapids, MI 49503
226 College AVE NE, City Of Grand Rapids, MI 49503
226 College AVE NE, City Of Grand Rapids, MI 49503
226 College AVE NE, City Of Grand Rapids, MI 49503
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Mike Layne

Mike Layne

+1(248) 298-6825
$ 849,000
Est. payment /mo
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226 College AVE NE City Of Grand Rapids, MI 49503

2,212 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,212 sqft

Price per Sqft $383

MLS Listing ID 65026018044

Year Built 1900

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type MultiFamily

Property 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 three leases secured through spring 2027. The property is fully leased with one unit becoming available May 1, offering flexibility for an owner-occupant or thethe ability to capture a market rental rate. Major improvements include a new roof (2021), new exterior paint (2024), and a rebuilt front porch completed in summer (2024), providing peace of mind for the next owner. A backyard, garage, and four off-street parking spaces add rare convenience, while the highly walkable Heritage Hill location places you close to downtown, dining, and local amenities. Opportunities like this--well-maintained 4-unit properties in Heritage Hill--are limited and don't come to market often.

Location

State MI

County Kent

Area Area41142Grandrapids

Interior

Heating Baseboard, Natural Gas

Fireplace No

Laundry InBasement

Exterior

Parking Features Concrete, Garage, Paved

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected

View Y/N No

Roof Type Composition

Building

Foundation MichiganBasement

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Scott Fortier of Own GR.Net LLC
Mike Layne

Mike Layne

Agent | License ID: 427271

+1(248) 298-6825

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226 College AVE NE