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    343 Spencer St NE Grand Rapids, MI 49505

    For Sale
    $330,000

    Two-unit duplex in Creston, ideal for investors or owner-occupiers.

    Lot size:
    0.13 Acres

    Property Features for 343 Spencer St NE

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1905

    Source: Five Star Real Estate (Grandv) Agent Andrew J Straub

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Creston Duplex with Two Units

    This two-unit duplex is located in the Creston neighborhood. Unit one features three bedrooms and one bathroom, with over 1,000 square feet. This unit is currently owner-occupied. Unit two offers a two-story layout with two bedrooms and one bathroom, including a loft-style bedroom on the third floor, and also provides over 1,000 square feet. Unit two is currently vacant. This property is suitable as an addition to an investment portfolio or for owner occupancy.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -85.6603591
    Latitude
    42.9883952

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    FAQs

    What type of property is this?
    Duplex - Two-unit duplex in Creston, ideal for investors or owner-occupiers.
    Where is this duplex located?
    The property is located at 343 Spencer St NE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - Two-unit duplex offers investment or owner-occupied potential.; - Lower unit (Unit 1) features **3 bedrooms and 1 bath**.; - Both units are over 1,000 sq ft.
    (616) 322-7659
    Request Owner's contact information
    343 Spencer St NE Grand Rapids, MI 49505
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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
    343 Spencer St NE Grand Rapids, MI 49505
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