$799,000

226 College Avenue NE, Grand Rapids, MI 49503

Multi-Family Home
Built in 1900
7,789sqft lot
—— car garage
$——/sqft
Listed 24 days ago

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 the the 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.

Listing Status:: Active
Date Added:: April 26, 2026
Data Last Updated:: May 20, 2026 at 7:36AM
Listing Office:: Own GR.Net LLC : 616-248-0141
Listing Agent:: Scott Fortier : 616-272-6448
MLS ID:: 26018044

Laundry: In Basement
Basement: Michigan Basement
Heating: Baseboard

Parking: PavedConcreteParking spaces: 5

Roofing: Composition
General: Wood Siding

Road/Access: Paved
Originating MLS: Michigan Regional Information Center (MichRIC)
School District: Grand Rapids
County: Kent

Zoning: LOT 945* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 3235 TO 42 ALL INCLUSIVE & PART OF LOTS 202133 & 34 OF COIT & CURTIS PARTITION PLAT41-14-30-204-018

Utilities: Cable ConnectedNatural Gas ConnectedElectricity ConnectedCable AvailableElectricity AvailableNatural Gas AvailablePhone Available
Water: Public Water
Sewer: Public Sewer

Source: Michigan Regional Information Center (MichRIC)
Ownership: Private Owned

This listing courtesy of Scott Fortier , Own GR.Net LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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