321 Madison SE Avenue, Grand Rapids, MI 49503
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321 Madison SE Avenue, Grand Rapids, MI 49503
321 Madison SE Avenue, Grand Rapids, MI 49503
321 Madison SE Avenue, Grand Rapids, MI 49503
321 Madison SE Avenue, Grand Rapids, MI 49503
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Anna Ruggero

Anna Ruggero

+1(248) 376-7064
$ 465,000
Est. payment /mo
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321 Madison SE Avenue Grand Rapids, MI 49503

3 Baths

7,599 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26055977

Year Built 1880

Annual Tax Amount $9,046

Tax Year 2025

Lot Size 7,599 Sqft

Acres 0.17

Lot Dimensions 51x149

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

This well-positioned, affordable Heritage Hill triplex pairs recent updates with an exceptional location near downtown Grand Rapids, the Wealthy Street corridor, and Cherry Street's shops and restaurants. Currently owner-occupied, the main residence features original millwork, oak floor, fireplace, large airy living room, formal dining, 1.5 bathrooms, and a recently refinished front room with inviting views of beautiful Madison Avenue. Two upstairs apartments—a studio with a walk-up attic and a one-bedroom—are home to long-term tenants and generate combined rental income of over $2,000 per month. The basement's exceptionally tall ceilings offer potential for a workshop or creative space, while the backyard provides room for recreation and a deep concrete parking pad. Its hilltop setting offers an open view of the sky, perfect for watching sunsets and storms roll in. A bus stop and shared scooter access at the end of the street add convenient transportation options to Downtown & Uptown.

Location

State MI

County Kent

Direction Madison SE, between Wealthy and Cherry.

Rooms

Basement Full

Interior

Heating Forced Air, Wall Furnace

Cooling Window Unit(s)

Laundry Common Area, Laundry Room

Exterior

Parking Features Paved

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 3

Building

Sewer Public Sewer

Structure Type Stone,Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-30-381-045

Acceptable Financing VA Loan, MSHDA, FHA, Cash, Conventional

Listing Terms VA Loan, MSHDA, FHA, Cash, Conventional

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Listed by Grand River Realty

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321 Madison SE Avenue

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