264 Eastern Avenue SE, Grand Rapids, MI 49503 (MLS# 26025905)

264 Eastern Avenue SE, Grand Rapids, MI 49503

$360,000
Property Type: Multi Family Lot Size (sq. ft.): 4,008 Status: Active
Current Price: $360,000 List Date: 5/30/2026 Last Modified: 6/05/2026

Overview

Description

Historic Cherry Street Area Duplex Within Short Walking Distance To Popular Restaurants, Galleries, Shopping, And Local Amenities. This Well-Maintained Property Is Perfect for the Owner Occupant Or Investor As It Is Fully Leased To Long-Term Tenants, Making It An Ideal Turnkey Investment. The Home Features Refinished High-Gloss Hardwood Floors, White-Painted Decorative Solid Wood Trim, And Charming Built-Ins Throughout. The Lower Unit Offers 1 Bedroom, 1 Full Bath, A Spacious Eat-In Kitchen, Separate Dining Room, And A Bright Living Room With Large Windows And Built-In Bookcases. The Upper Unit Includes 2 Bedrooms, 1 Full Bath, Kitchen, And Living Room. The Property Also Includes an Attached Garage and Driveway. A Rare Opportunity In One Of Grand Rapids' Most Desirable Historic Neighborhoods.

Open Houses

  • Wednesday, June 10, 12:00 pm - 1:30 pm
  • Saturday, June 13, 3:00 pm - 5:00 pm

Listing Details MLS# 26025905

Location Property Info

County
Kent
Street #
264
Street Name
Eastern
Suffix
Avenue
Post Direction
SE
State
MI
Zip Code
49503
Zip (4)
4740

General Property Info

Lot Measurement
Acres
Lot Square Footage
4008
Lot Acres
0.09
Lot Dimensions
40 x 100
Year Built
1892
New Construction
No
Cert of Compliance
Yes
Road Frontage
40
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Parking Spaces
2
Waterfront
No
School District
Grand Rapids
Basement
Yes

Tax Info

Tax ID #
41-14-29-352-008
Taxable Value
64660
SEV
175900
For Tax Year
2025
Seller's Annual Property Tax
3252
Tax Year
2025
Spec Assessment & Ty
N/A
Zoning
RES.
Homestead %
0

Access Feat

Accessibility Features
No

Unit 1

Unit #
Yes
Unit Description
ENT, LR, DR, KIT, BR
SqFt
1200
Occupied
Yes
Monthly Rent
850
Bathrooms
Yes
Full Baths
Yes

More Information

Unit 2

Unit #
2
Unit Description
LR, DR, 2 BR, BA
SqFt
1200
Occupied
Yes
Monthly Rent
850
Bathrooms
Yes
Full Baths
Yes

Location & Property Info

Cross Streets
Eastern Ave and Fairmount St
Property Sub-Type
2 to 4 Units
Municipality
City of Grand Rapids

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
Historic Cherry Street Area Duplex Within Short Walking Distance To Popular Restaurants, Galleries, Shopping, And Local Amenities. This Well-Maintained Property Is Perfect for the Owner Occupant Or Investor As It Is Fully Leased To Long-Term Tenants, Making It An Ideal Turnkey Investment. The Home Features Refinished High-Gloss Hardwood Floors, White-Painted Decorative Solid Wood Trim, And Charming Built-Ins Throughout. The Lower Unit Offers 1 Bedroom, 1 Full Bath, A Spacious Eat-In Kitchen, Separate Dining Room, And A Bright Living Room With Large Windows And Built-In Bookcases. The Upper Unit Includes 2 Bedrooms, 1 Full Bath, Kitchen, And Living Room. The Property Also Includes an Attached Garage and Driveway. A Rare Opportunity In One Of Grand Rapids' Most Desirable Historic Neighborhoods.
Legal
LOT 9* C W TUFT S SECOND ADDITION

Street Type

Paved
Yes

Util Avail at Street

Cable Available
Yes
Natural Gas Available
Yes

Utilities Attached

Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes
FHA
Yes
MSHDA
Yes
VA Loan
Yes

Exterior Material

Wood Siding
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Driveway

Paved
Yes

Substructure

Full
Yes
Walk-Out Access
Yes

Extras

Garages
Yes

Owner Pays

Water
Yes

Possession

Close Of Escrow
Yes
Close Plus 30 Days
Yes

Property Features

Exterior Material: Wood Siding Substructure: Full; Walk-Out Access Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Cable Available; Natural Gas Available Extras: Garages Owner Pays: Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Driveway: Paved Street Type: Paved Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan Possession: Close Of Escrow; Close Plus 30 Days Sale Conditions: None
IDX
Listing Office: Keller Williams GR East
Listing Agent: Christopher M Bruce
Source MLS Verified
Last Updated: June - 05 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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