Address
252 Madison Avenue Se, Grand Rapids, MI
Price
$ 845,000
Property Attributes
  • MLS#26049531
  • TypeMulti-Family
  • Listing Status Active
  • CountyKENT
  • CityGrand Rapids
  • AreaCity of Grand Rapids
  • NeighborhoodCity of Grand Rapids
  • Zip49503
  • Style2 to 4 Units
  • Year Built1880
  • Taxes$ 7249
  • Price$ 845,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.18 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Set along a picturesque, tree-lined street in the heart of Heritage Hill, this exceptional historic property blends beautifully preserved character with thoughtful updates. An elegant foyer welcomes you to a beautiful staircase and timeless architectural details throughout, including a charming pocket door. Offering 6 bedrooms and 3 full baths, the property is legally configured as 3 units, each with 2 bedrooms and 1 bath. An exceptional investment opportunity with the flexibility to owner occupy, offering the potential to enjoy the character and convenience of Heritage Hill while creating rental income from the additional units. Updates include newer whole-home furnace and water heater. Handsome, low-maintenance brick exterior, 2-stall garage, additional parking and outdoor storage. Just minutes from downtown Grand Rapids, restaurants, entertainment, outdoor concerts and more.

Price History
9/17/2026 Listed $845,000

General Features

Sewer Public Sewer
Heating Radiant
Utilities Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Brick
Year Built 1880
Tenant Pays Electric
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2026
Ownership Private Owned
OwnerPays None,Trash Collection,Water,Sewer,Gas
County Kent
New Construction No
Property Type Multi Family
Attached Garage No
Subdivision Name Heritage Hill
Status Active
City Grand Rapids
High School District Grand Rapids
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 7928.0
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 7249.5
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 161162
MobileHomeRemainsYN No
Legal Description LOT 19 BLK 2 & S 10 FT OF LOT 18 BLK 2* MORRIS ADDITION
Senior Community None

Interior Features

Basement Full,Michigan Basement
Basement (Y/N) Yes
Heating Y/N Yes
Laundry Features In Basement,In Unit,Washer Hookup

Exterior Features

Parking Features Concrete,Driveway,Paved
Total Parking 4.0
Lot Size Area 0.18
Number of Buildings 1
Spa No
Lot Dimensions 60x132
Lot Size Acres 0.18
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49503

Price
AVG $470K
$850K
Taxes
AVG $6,076
$7,249
Year Built
AVG 1905
1880
Visits
AVG 91
2
Data Provided by Inside Real Estate®

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