130 College Avenue NE, Grand Rapids, MI 49503 (MLS# 26036097)

130 College Avenue NE, Grand Rapids, MI 49503

New Listing

$415,000

Virtual Tour

https://unbranded.visithome.ai/cY9MyFiWjDgc9nSunXoVae?mu=ft&t=1783382213

Property Type: Multi Family Lot Size (sq. ft.): 10,370 Status: Active

Current Price: $415,000 List Date: 7/15/2026 Last Modified: 7/17/2026

Overview

Description

Turnkey Heritage Hill Investment Opportunity! This fully rented 3-unit property offers immediate income in one of Grand Rapids' most desirable neighborhoods. Ideally located within walking distance of Downtown Grand Rapids, the Medical Mile, Michigan Street, Martha's Vineyard, and countless restaurants, coffee shops, and local amenities, this property is perfectly positioned to attract long-term tenants. The spacious main floor unit features 2 bed rooms, 2 full baths, a kitchen with a large center island, in-unit washer and dryer, garage parking, a private patio overlooking the large backyard, and a full basement with abundant storage. Located on the second floor, Unit 2 is filled with natural light and offers a cozy bedroom, full bathroom, and inviting living space. Also on the second floor, Unit 3 features a spacious living room, comfortable bedroom, bathroom, and kitchen. With all three units currently leased, this well-maintained property provides immediate cash flow with excellent

Supplements: long-term investment potential. The exterior has a new fresh coat of paint that was just completed. Whether you're looking to expand your portfolio or invest in one of Grand Rapids' most sought-after historic neighborhoods, this Heritage Hill multi-family is an opportunity you won't want to miss. Showings to begin after 12pm on Friday, July 17th.

Listing Details MLS# 26036097

Location Property Info

County: Kent
Street #: 130
Street Name: College
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503

General Property Info

Lot Measurement: Acres
Lot Square Footage: 10370
Lot Acres: 0.24
Lot Dimensions: 61x170
Year Built: 1890
New Construction: No
Cert of Compliance: Yes
Road Frontage: 61
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 2823
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 41-14-30-252-010
Taxable Value: 139850
SEV: 227700
For Tax Year: 2026
Seller's Annual Property Tax: 7031.39
Tax Year: 2025
Spec Assessment & Ty: None
Zoning: RMHH3_RES MULTI
Homestead %: 0

Remarks Misc

Directions: South of Michigan on College to 130. East side of College.

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: Yes
Unit Description: 2 Bedrooms Main Flr
SqFt: 1300
Occupied: Yes
Monthly Rent: 1795
Bathrooms: 2
Full Baths: 2
A/C Unit: Yes
Deck/Patio: Yes
Fireplace: Yes
Garage: Yes
Range Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 2
Unit Description: 1 bed/1 bath
SqFt: 650
Occupied: Yes
Monthly Rent: 1195
Bathrooms: Yes
Full Baths: Yes
A/C Unit: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 3

Unit #: 3
Unit Description: 1 bed/1 bath
SqFt: 650
Occupied: Yes
Monthly Rent: 975
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
A/C Unit: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: Lyon & Fountain
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: 147.01

Remarks & Misc

Public Remarks: Turnkey Heritage Hill Investment Opportunity! This fully rented 3-unit property offers immediate income in one of Grand Rapids' most desirable neighborhoods. Ideally located within walking distance of Downtown Grand Rapids, the Medical Mile, Michigan Street, Martha's Vineyard, and countless restaurants, coffee shops, and local amenities, this property is perfectly positioned to attract long-term tenants. The spacious main floor unit features 2 bed rooms, 2 full baths, a kitchen with a large center island, in-unit washer and dryer, garage parking, a private patio overlooking the large backyard, and a full basement with abundant storage. Located on the second floor, Unit 2 is filled with natural light and offers a cozy bedroom, full bathroom, and inviting living space. Also on the second floor, Unit 3 features a spacious living room, comfortable bedroom, bathroom, and kitchen. With all three units currently leased, this well-maintained property provides immediate cash flow with excellent
Legal: LOT 8* WOOD S SUBDIVISION* OF A PART OF COIT & CURTIS PARTITION PLAT

Lot Description

Level: Yes

Street Type

Public: Yes

Util Avail at Street

None: Yes

Utilities Attached

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

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

Laundry Closet: Yes

Exterior Material

Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Hot Water: Yes
Radiant: Yes

Air Conditioning

Window Unit(s): Yes

Tenant Pays

None: Yes

Driveway

Paved: Yes

Substructure

Crawl Space: Yes
Michigan Basement: Yes
Partial: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes
See Remarks: Yes

Property Features

Laundry Features: Laundry Closet Exterior Material: Wood Siding Roofing: Composition Substructure: Crawl Space; Michigan Basement; Partial Lot Description: Level Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: None Owner Pays: Electricity; Gas; Sewer; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Hot Water; Radiant Air Conditioning: Window Unit(s) Driveway: Paved Street Type: Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow; See Remarks Sale Conditions: None Unit 1: A/C Unit; Deck/Patio; Fireplace; Garage; Range Oven; Refrigerator; Washer/Dryer Unit 2: A/C Unit; Range/Oven; Refrigerator Unit 3: Range/Oven; A/C Unit; Refrigerator

Listing Office: Novosad Realty Partners

Listing Agent: Sommer Dockery

Last Updated: July - 17 - 2026

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