232 Spencer Street NE, Grand Rapids, MI 49505 (MLS# 26023210)

232 Spencer Street NE, Grand Rapids, MI 49505

$300,000

Property Type: Multi Family Lot Size (sq. ft.): 5,009 Status: Sold

Current Price: $300,000 List Date: 5/18/2026 Last Modified: 6/26/2026

Overview

Description

Excellent investment opportunity or ideal owner-occupied duplex in the highly desirable Creston neighborhood of Northeast Grand Rapids! This well-maintained 2-unit multifamily offers strong rental potential, functional layouts, and a fantastic location close to parks, dining, shopping, and more. Unit 1 features 2 bedrooms and 1 bathroom, kitchen with dishwasher. Currently offered for $1,500/month. Unit 2 offers 2 bedrooms and 2 bathrooms, with a private entrance for added privacy. This unit is currently leased for $1500/mo. Additional highlights include newer windows, shared basement laundry, a large rear parking pad, and city rental certification valid through March 2027. Both units have separately metered gas and electric utilities.

Listing Details MLS# 26023210

Location Property Info

County: Kent
Street #: 232
Street Name: Spencer
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49505
Zip (4): 5048

General Property Info

Lot Measurement: Acres
Lot Square Footage: 5009
Lot Acres: 0.11
Lot Dimensions: 50x100
Year Built: 1900
New Construction: No
Financial Available: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-03-31
Road Frontage: 50
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 1902
Total Parking Spaces: 4
Waterfront: No
School District: Grand Rapids
Basement: Yes

Tax Info

Tax ID #: 41-14-18-376-004
Taxable Value: 126900
SEV: 126900
For Tax Year: 2025
Seller's Annual Property Tax: 6552.54
Tax Year: 2025
Zoning: RES
Homestead %: 0
Spec Assessment & Ty: No

Remarks Misc

Directions: Leonard to Plainfield, north to Spencer NE

Status Change Info

Under Contract Date: 2026-05-30
Sold Date: 2026-06-25
Sold Price/SqFt: 157.73

More Information

Waterfront Options

Water Access Y/N: No

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: Lower
SqFt: 1002
Occupied: Yes
Monthly Rent: 1350
Bathrooms: Yes
Full Baths: Yes
Dishwasher: Yes
Garb Disp: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes

Unit 2

Unit #: 2
Unit Description: Upper
SqFt: 900
Occupied: Yes
Monthly Rent: 1500
Bathrooms: 2
Full Baths: 2
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Leonard and Spencer
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: 162.46

Remarks & Misc

Public Remarks: Excellent investment opportunity or ideal owner-occupied duplex in the highly desirable Creston neighborhood of Northeast Grand Rapids! This well-maintained 2-unit multifamily offers strong rental potential, functional layouts, and a fantastic location close to parks, dining, shopping, and more. Unit 1 features 2 bedrooms and 1 bathroom, kitchen with dishwasher. Currently offered for $1,500/month. Unit 2 offers 2 bedrooms and 2 bathrooms, with a private entrance for added privacy. This unit is currently leased for $1500/mo. Additional highlights include newer windows, shared basement laundry, a large rear parking pad, and city rental certification valid through March 2027. Both units have separately metered gas and electric utilities.
Legal: LOT 2 BLK 4* HOGEBOOM S SECOND ADDITION

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Electricity Available: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes
Storm Sewer: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Laundry Features

In Basement: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Driveway

Concrete: Yes

Substructure

Full: Yes

Owner Pays

None: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Roofing: Composition Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water; Storm Sewer Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Driveway: Concrete Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Dishwasher; Garb Disp; Range Oven; Refrigerator; Sep. Heat System Unit 2: Refrigerator; Sep. Heat System; Washer/Dryer

Listing Office: Weichert REALTORS Plat (Main)

Listing Agent: C. Scott Hunt

Last Updated: June - 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.