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Pending
  • $415,000

    130 College Ave NE, Grand Rapids, MI 49503

    4beds
    4baths
    2,600sqft
    : 
    $2,954/mo
    Get pre-qualified
    2 to 4 Units
    Built in 1890
    -- sqft lot
    $420,800 Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Garage parkingComfortable bedroomInviting living spaceSpacious main floor unitIn-unit washer and dryerCozy bedroom
    Turnkey Heritage Hill Investment Opportunity! This fully rented 3-unit property offers immediate income in one of Grand Rapids' most desirable neighborhoods. Ideally located within walking distance of Downtown Grand Rapids, the Medical Mile, Michigan Street, Martha's Vineyard, and countless restaurants, coffee shops, and local amenities, this property is perfectly positioned to attract long-term tenants. The spacious main floor unit features 2 bed rooms, 2 full baths, a kitchen with a large center island, in-unit washer and dryer, garage parking, a private patio overlooking the large backyard, and a full basement with abundant storage. Located on the second floor, Unit 2 is filled with natural light and offers a cozy bedroom, full bathroom, and inviting living space. Also on the second floor, Unit 3 features a spacious living room, comfortable bedroom, bathroom, and kitchen. With all three units currently leased, this well-maintained property provides immediate cash flow with excellent long-term investment potential. The exterior has a new fresh coat of paint that was just completed. Whether you're looking to expand your portfolio or invest in one of Grand Rapids' most sought-after historic neighborhoods, this Heritage Hill multi-family is an opportunity you won't want to miss. Showings to begin after 12pm on Friday, July 17th. Offers will be due on Sunday 07/19/26 by 6pm.
    19 days
    |
    1,000
    |
    70
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sommer Dockery 773-329-1734,

    Novosad Realty Partners 616-575-0140,

    Meagan Zerfas 616-304-8130,

    Novosad Realty Partners

    Source: MichRIC,MLS#: 26036097MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Hot Water, Radiant
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: Laundry Closet
      Features
      • Basement: Crawl Space,Michigan Basement,Partial
      Interior area
      • Total interior livable area: 2,600 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Paved
      Lot
      • Size: 10,454 Square Feet
      • Dimensions: 61 x 170
      • Features: Level
      Details
      • Parcel number: 411430252010
      • Zoning description: RMHH3_RES MULTI

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Wood Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1890

      Utilities & green energy

      • Utilities for property: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

      Community & HOA

      Location
      • Region: Grand Rapids

      Financial & listing details

      • Price per square foot: $160/sqft
      • Tax assessed value: $139,850
      • Annual tax amount: $7,031
      • Date on market: 7/15/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: None
      • Electric utility on property: Yes

        Estimated market value

        $420,800

        $400,000 - $442,000

        $1,590/mo

        Price history

        DateEventPrice
        7/20/2026Pending sale$415,000$160/sqft
        Source: MichRIC #26036097 Report a problem
        7/15/2026Listed for sale$415,000+74.7%$160/sqft
        Source: MichRIC #26036097 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        2/5/2019Listing removed$1,600$1/sqft
        Source: Owner Report a problem
        1/5/2019Listed for rent$1,600$1/sqft
        Source: Owner Report a problem
        7/2/2015Sold$237,500-5%$91/sqft
        Source: MichRIC #15018508 Report a problem
        5/1/2015Price change$250,000+0%$96/sqft
        Source: Real Estate with Maghielse &Co #15018508 Report a problem
        4/28/2015Listed for sale$249,900$96/sqft
        Source: Real Estate with Maghielse &Co #15018508 Report a problem
        9/4/2014Listing removed$249,900$96/sqft
        Source: Patriot Realty #14036114 Report a problem
        6/27/2014Listed for sale$249,900+21.9%$96/sqft
        Source: Patriot Realty #14036114 Report a problem
        6/24/2013Sold$205,000+0%$79/sqft
        Source: MichRIC #12053481 Report a problem
        4/6/2013Price change$204,900-6.8%$79/sqft
        Source: PARKSIDE REALTY GROUP LLC #12053481 Report a problem
        12/22/2012Price change$219,900-6.4%$85/sqft
        Source: PARKSIDE REALTY GROUP LLC #12053481 Report a problem
        10/4/2012Listed for sale$234,900+14%$90/sqft
        Source: PARKSIDE REALTY GROUP LLC #12053481 Report a problem
        10/19/2006Sold$206,000$79/sqft
        Source: Public Record Report a problem
        8/1/2006Sold$206,000+37.3%$79/sqft
        Source: Agent Provided Report a problem
        5/30/2006Sold$150,000$58/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,801 $205,900 +8.9%
        2024-- $189,000 +31.1%
        2021$5,990 $144,200 +12%
        2020$5,990 +24.5%$128,800 +0.4%
        2019$4,810 $128,300 -0.3%
        2018-- $128,700 +21%
        2017$4,725 $106,400 +17.4%
        2016$4,725 $90,600
        2015$4,725 +35.8%$90,600 +7%
        2013$3,478 $84,700 -15.1%
        2011-- $99,800 -4%
        2010-- $104,000 -3%
        2009-- $107,200 -1.9%
        2007-- $109,300 -18.7%
        2006-- $134,400 +68.6%
        2005-- $79,730 +3.3%
        2004-- $77,183 +8.2%
        2002-- $71,318 +3.2%
        2001-- $69,107
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Heritage Hill

        Getting around

        81 / 100
        Very Walkable
        51 / 100
        Good Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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