Updated Quadplex with
For Sale
$825,000
234 Madison SE Avenue, Grand Rapids, MI 49503
Historic multifamily property with varied unit mix, owner’s residence, garage, and off-street parking.
Property SizeContact for details
Days on Market513
Property Features for 234 Madison SE Avenue
General Information
Standard status
Active
Property subtype
Multi Family
Units
Unit Mix
1 x efficiency, 1 x 1BR, 1 x 2BR/2BA, 1 x 3BR/3BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$6,926
Building Details
Year Built
1893
Listing Agency:
Keller Williams GR North
(616) 447-9100
Listed By:
Roger Ackerman · License #6501295615
(616) 901-2696
Source:
Exitrealty
Added: Apr 8, 2025
Changed: Sep 2
Last Checked: Sep 1 at 4:08PM
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 Keller Williams GR North
Investment Insights
Based on property information with market context.
This four-unit multifamily property combines an owner’s residence with three additional units: an efficiency, a one-bedroom apartment, and a two-bedroom, two-bath apartment. The owner’s suite includes three bedrooms, three bathrooms, and 2,400 square feet. Built in 1893, the property incorporates historic character with modern updates and has been carefully maintained.
The property includes a two-car garage and off-street parking. It is located in the Heritage Hill area of Grand Rapids, near downtown, the medical mile, parks, and local dining. The address is 234 Madison SE Avenue.
The property includes a two-car garage and off-street parking. It is located in the Heritage Hill area of Grand Rapids, near downtown, the medical mile, parks, and local dining. The address is 234 Madison SE Avenue.
Key Highlights
- Four‑unit property with an owner’s 3BR/3BA suite plus efficiency, 1BR, and 2BR/2BA units
- Owner’s suite measures 2,400 SF
- Built in 1893 with historic character and modern updates
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,845
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Historic multifamily property with varied unit mix, owner’s residence, garage, and off-street parking.
Where is this quadplex located?
The property is located at 234 Madison SE Avenue Grand Rapids, MI.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four‑unit property with an owner’s 3BR/3BA suite plus efficiency, 1BR, and 2BR/2BA units; Owner’s suite measures 2,400 SF; Built in 1893 with historic character and modern updates
