Apartment Building with Studio
For Sale
$699,900
Pending
21 Prospect Avenue SE, Grand Rapids, MI 49503
Multi Family, Grand Rapids, MI
Property SizeContact for details
Lot Size0.25 Acres
Days on Market33
Property Features for 21 Prospect Avenue SE
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Full bathrooms
6
Rooms
Bathroom 2, Basement, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 6, Bathroom 3, Bathroom 1, Bathroom 5
Parking
1
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
fulton to prospect
Standard status
Pending
APN
41-14-30-327-013
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N 78 FT OF LOT 6 BLK 3 EXCEPT W 33 FT* CAMPAU S SECOND ADDITION
Tax Annual Amount
17602
Legal Description
N 78 FT OF LOT 6 BLK 3 EXCEPT W 33 FT* CAMPAU S SECOND ADDITION
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Baseboard
Building Details
Year built
1905
Number of units
6
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Five Star Real Estate (Ada)
(616) 425-7600
Listed By:
Lauren Karsten · License #6501375963
(616) 690-8355
Added: Jul 29
Changed: Aug 26
Last Checked: Aug 30 at 11:06PM
MLS# 26039293
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Investment Insights
Based on property information with market context.
Built in 1905, this apartment building combines a primary residence with additional studio units. The main residence includes an updated kitchen, bedrooms, and direct access to a rear deck. The property sits on 0.25 acres and features wood siding, a composition roof, baseboard heating, natural gas availability, and public sewer service.
Located on Prospect Avenue SE in Grand Rapids’ Heritage Hill area, the property is near the city’s 49503 postal district. The configuration includes six bathrooms and a basement, providing a substantial existing residential layout for multifamily ownership or occupancy.
Located on Prospect Avenue SE in Grand Rapids’ Heritage Hill area, the property is near the city’s 49503 postal district. The configuration includes six bathrooms and a basement, providing a substantial existing residential layout for multifamily ownership or occupancy.
Key Highlights
- Primary residence plus additional studio units
- Updated kitchen in the main residence
- Private access to a rear deck
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,903
Businesses Nearby
Explore this area
Business Placement
Demographics for 49503, MI
39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with a character-rich primary residence, studio units, and private outdoor access.
Where is this apartment building located?
The property is located at 21 Prospect Avenue SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Primary residence plus additional studio units; Updated kitchen in the main residence; Private access to a rear deck
