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226 College Avenue Ne NE

Grand Rapids, Michigan 49503
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Bed 5

Bed

Bath 0

Bath

Acres0.18

Acre(Lot)

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, includ ing 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.

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Detail Ic Property Details

Property Type : Multifamily

Price : $699,000

AD Id : 77761478

MLS Id : 65026018044

Beds : 5

Lot Size : 0.18 Acre

Year Built : 1900

Garage : Garage,Paved

County : Kent

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Feature Features

  • Interior Features

    Laundry Facility,Cable Available Roof: Composition
  • Heating & Cooling

    Heating: Baseboard Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1900 Total Units: 4 Roof: Composition Foundation/Basement: Michigan Basement
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary),Sewer at Street
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.18 Lot Dimensions: 50 x 155.76 Frontage Feet: 50
  • Property Information

    Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $849,000
  • Listing Information

    Possession: At Close Legal Description: 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

  • Tax Information

    Annual Tax: $12,558 Parcel Number: 411430204018
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: 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

  • Unit 1 Information

    # of Bedrooms: 3
  • Unit 2 Information

    # of Bedrooms: 1

  • School Information

    School District: Grand Rapids
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/19/2026 @ 22:54

MLS: 65026018044 LISTED BY: Scott Fortier , Own GR.Net LLC 616-248-0141 SOURCE: Realcomp II Ltd

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