Turnkey 4-Unit Multifamily
226 College Ave NE Grand Rapids, MI 49503
226 College Ave NE, Grand Rapids, MI, 49503
$849,000
For Sale
$849,000
Updated 4-unit building with hardwood floors, in-unit fireplace, and four off-street parking spaces.
Property Size2,212 SF
Price / SF$383.82
Days on Market86
Property Features for 226 College Ave NE
General Information
- Standard status
- Active
- Size
- 2,212 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agency
Own GR.Net LLC
(616) 272-6448
Listed by
Scott Fortier
(616) 272-6448
Source
Elliman
Added: Apr 28 Updated: Jul 21 at 6:48PM Checked: Jul 22 at 8:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Own GR.Net LLC
Investment Insights
Based on property information with market context.
This thoughtfully updated 4-unit multifamily property was built in 1900 and contains two studio units, one one-bedroom unit, and a loft-style two-bedroom unit. Unit 1 was updated in 2024, while the remaining units were updated in 2021. The home features hardwood floors and a fireplace in Unit 1, with freshly painted common areas completed this month.
Located near the intersection of College Ave and Lyon St in Heritage Hill, the property is within a short walk to Martha’s Vineyard, and Montessori schools are across the street. The building also includes a backyard, a garage, and four off-street parking spaces.
The property is fully leased, with one unit scheduled to become available May 1. Reported major improvements include a new roof (2021), new exterior paint (2024), and a rebuilt front porch completed in summer 2024.
Located near the intersection of College Ave and Lyon St in Heritage Hill, the property is within a short walk to Martha’s Vineyard, and Montessori schools are across the street. The building also includes a backyard, a garage, and four off-street parking spaces.
The property is fully leased, with one unit scheduled to become available May 1. Reported major improvements include a new roof (2021), new exterior paint (2024), and a rebuilt front porch completed in summer 2024.
Key Highlights
- Updated 4‑unit property built in 1900 with 2,212 finished SF
- Unit mix includes two studios, one‑bedroom, and a loft‑style two‑bedroom
- Unit updates: Unit 1 updated in 2024; remaining units updated in 2021; freshly painted common areas completed this month
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Updated 4-unit building with hardwood floors, in-unit fireplace, and four off-street parking spaces.
Where is this quadplex located?
The property is located at 226 College Ave NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Updated 4‑unit property built in 1900 with 2,212 finished SF; Unit mix includes two studios, one‑bedroom, and a loft‑style two‑bedroom; Unit updates: Unit 1 updated in 2024; remaining units updated in 2021; freshly painted common areas completed this month
