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$465,000
Monthly Est:$2,314
-- Bed
-- Bath
2,924sqft
321 Madison Ave SE, Grand Rapids, MI 49503
$465,000
$2,314/moEst:
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Multi Family
Built in 1880
$-- HOA
7,405.2 sqft lot
$159/sq.ft
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.
- Houzeo last checked: 6 hours ago
- Listing updated: October 28, 2026 at 4:31 am
- Listing Provided by: Pete J Bruinsma (616) 293-5731 | Grand River Realty (616) 389-0881
- Source: Realcomp MLS-MI | MLS#: 65026055977
- Originating MLS: Greater Regional Alliance of REALTORS
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1880
HOA Fees
-
Finished Area
2,924 sqft
Lot Size
7,405.2 sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
65026055977
MLS Status
Active
Days on Market
8
Cumulative Days on Market
7
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Window Units
Heating
Forced Air, Natural Gas, Wall Furnace
Sewer
Public Sewer, Sewer At Street, Storm Drain
Construction
Year Built
Year Built: 1880
Home type
Multi Family
Roof
Composition
Construction Materials
Stone, Wood Siding
Utilities & Energy
Basement
Full
Parking Features
Paved
Laundry Features
Common Area, Laundry Room
Water Source
Public
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected
Price History
| Date | Event | Price |
|---|---|---|
10/21/2026 Source: | Listed for Sale | $465,000 $159/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 29, 2026, 02:15PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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