226 College Avenue NE, Grand Rapids, MI 49503

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 2:40PM

Listing Office:

Own GR.Net LLC : 616-248-0141

Listing Agent:

Scott Fortier : 616-272-6448

MLS ID:

26018044

Interior

• Laundry: In Basement
• Basement: Michigan Basement
• Heating: Baseboard

Exterior

• Parking: PavedConcreteParking spaces: 5

Construction

• Roofing: Composition
• General: Wood Siding

Location

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

Lot

• 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

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

Financial

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