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    816 Prospect Ave NE Grand Rapids, MI 49503

    New
    Pending
    For Sale
    $238,000

    MULTI_FAMILY - Grand Rapids, MI

    Lot size:
    0.15 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 816 Prospect Ave NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    5
    APN
    41-14-19-184-034
    Parking
    4
    Parking features
    Driveway
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1860
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Composition

    REEDS REALTY (616) 677-5285

    Listing agent Brandi J Harr (616) 575-1800

    Listing date Dec 3, 2025

    MLS# 25055715 Listing URL

    Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Rapids Duplex Opportunity

    This large duplex is located in NE Grand Rapids. Each unit includes a washer and dryer. The property features 4 off-street parking spots. Its location offers convenient access to downtown. Exterior features include newer vinyl siding, windows, roof, and soffits. The lot size is 0.15 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.660368
    Latitude
    42.977987

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    FAQs

    What type of property is this?
    Duplex - Large duplex in NE Grand Rapids, close to downtown.
    Where is this duplex located?
    The property is located at 816 Prospect Ave NE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $238,000.
    What are key features of this property?
    This property features: - Newer vinyl siding, windows, roof, and soffits.; - Washer and dryer in both units.; - 4 off-street parking spots.
    (616) 575-1800
    Request Owner's contact information
    816 Prospect Ave NE Grand Rapids, MI 49503
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    Grand Rapids, MI 49503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    816 Prospect Ave NE Grand Rapids, MI 49503
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