Pending
846 Eastern Avenue SE, Grand Rapids, MI 49507
$229,900
MLS # 26032387 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19100.15 acres
1 / 11
Listing Description
Attention Investors! Outstanding 2-unit rental property offering both immediate cash flow and proven stability. The main-floor unit features a large living room with a beautiful bay window, two comfortable bedrooms, a kitchen, and a full bathroom. It is occupied by a wonderful, reliable tenant of 14 years who would love to stay. The upper unit is vacant and move in ready for you to place your own tenant at market rent. This upper space feels much larger than you would think, featuring a third-floor conversion into a massive bonus room/bedroom, plus two additional bedrooms, a large living room, a full kitchen, and a clawfoot tub bathroom. Investors will love the ultimate peace of mind with a current Certificate of Compliance valid until 4/27/2028. Complete with a nice front porch, a private driveway, and ample off-street parking, you truly need to get inside this property to appreciate the space and character.
Source: SparkMLS
About this home
Listed at $229,900.
Property tax estimate: $1,382 per year ($115/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.15 acres
Year Built1910
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49507
CountyKent
School DistrictGrand Rapids
Construction & Systems
ConstructionWood Siding
BasementCrawl Space, Michigan Basement
HeatingForced Air
UtilitiesNatural Gas Connected, Electricity Connected
Sale & Financing
Listed6/26/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,382
Tax Year2026
State Equalized Value$91,000
Taxable Value$27,485
Assessed Value$27,485
Parcel #411432301011
Source: Public Records
Legal Description
LOT 10 BLK 1* WINSOR ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Cathy Meyering
Five Star Real Estate (Ada)
Frequently Asked Questions about 846 Eastern Avenue SE, Grand Rapids, MI 49507
Which school district serves 846 Eastern Avenue SE, Grand Rapids, MI 49507?
Per MLS# 26032387, 846 Eastern Avenue SE, Grand Rapids, MI 49507 is in the Grand Rapids boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Grand Rapids directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26032387, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 846 Eastern Avenue SE, Grand Rapids, MI 49507?
Per public tax records, annual property taxes for this property are $1,382 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 846 Eastern Avenue SE, Grand Rapids, MI 49507 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 846 Eastern Avenue SE, Grand Rapids, MI 49507 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 846 Eastern Avenue SE, Grand Rapids, MI 49507?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the City of Grand Rapids police department or the Kent County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$1,491
Principal & interest$1,491
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
846 Eastern Avenue SE, Grand Rapids, MI 49507
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Municipality
Grand Rapids
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