About This Home

This 4-bedroom, 0-bathroom residential multi family at 1501 College Avenue NE in Grand Rapids, MI is listed for $268,000. Built in 1900, on a 0.23 acres lot.

Key Features

  • Built in 1900
  • 0.23 acre lot
  • 4 parking spaces

Property Details

2 full
4 spaces
1900
Listing Description

Seize a rare opportunity to own a duplex in the booming Creston neighborhood. Main floor unit is a comfortable 2 bed (+1 nonconforming), 1 bath layout, with in-unit laundry. The upper unit is a 2 bed, 1 bath floor plan. The basement is a large 1,000 sqft basement area.

With the right vision for this space, it could be converted into a third unit for maximum ROI, or utilized as storage for tenants. Say goodbye to street parking woes, this property features ample off-street parking with 2-stall detached garage. Location wise, you are perfectly positioned to enjoy the best of Grand Rapids.

Don't miss out on this versatile asset in one of the city's most sought-after growth zones. This property is being sold ''as-is'' making this the perfect for an investor or a handy owner-occupant looking to build immediate sweat equity.

Monthly Cost Estimate

$1,433/mo

20% down · 6.5% · 30 years

Principal$194
Interest$1,161
Insurance$78

Estimates only. Actual payments may vary.

Location

1501 College Avenue NE

Grand Rapids, MI 49505

Property Details

Construction

Aluminum Siding

Parking

Paved or Surfaced

Heating

Hot Water(Heating)

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 1501 College Avenue NE is listed at $268,000. The estimated monthly payment is $1,433 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.23 acre lot, 4 parking spaces.

This property is listed by Caitlin VanderMeulen.

CV

Caitlin VanderMeulen

Agent at Bellabay Realty (SW)

Listed by Bellabay Realty (SW) · Broker phone: (000) 000-0000 · View on Broker Site

MLS# 26035870· Source: Michigan Regional Information Center, LLC.· 110 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1501 College Avenue NE, Grand Rapids, MI 49505

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