349 Richard Terrace SE, Grand Rapids, MI 49506 (MLS# 26045099)

349 Richard Terrace SE, Grand Rapids, MI 49506

$499,900

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Property Type: Multi Family Lot Size (sq. ft.): 4,487 Status: Active

Current Price: $499,900 List Date: 8/26/2026 Last Modified: 9/02/2026

Overview

Description

Welcome to this meticulously maintained Eastown duplex, perfectly situated within close distance of Wealthy Street, local restaurants, bars, shops, and all that this vibrant neighborhood has to offer. Bursting with character and lovingly cared for, this property offers an exceptional opportunity for an owner-occupant or investor. The lower unit features 2 bedrooms and 1.5 baths, a large living room, spacious formal dining room, and kitchen equipped with brand-new stainless steel appliances. The upper unit offers 2 bedrooms, 1 full bath, a large living room, formal dining room, and kitchen, preserving the home's classic charm and character throughout. Designed with privacy and convenience in mind, each unit has its own separate entrance, basement space and entrance, and laundry. Outside, enjoy a large inviting front porch, fenced backyard, and two stall garage. Recent improvements include a brand-new roof, new windows, two new furnaces, two new A/C units, a new driveway, and

Supplements: a new back walkway. The level of maintenance and care throughout this home is truly impressive. With its combination of historic character, thoughtful updates, functional layout, and unbeatable Eastown location, this is a property you won't want to miss! Offers due Tuesday, September 1 at 12:00 pm.

Listing Details MLS# 26045099

Location Property Info

County: Kent
Street #: 349
Street Name: Richard
Suffix: Terrace
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 1718

General Property Info

Lot Measurement: Acres
Lot Square Footage: 4487
Lot Acres: 0.1
Lot Dimensions: 40 x 112
Year Built: 1905
New Construction: No
Cert of Compliance: No
Road Frontage: 40
Total # Units: 2
# of Diff Unit Floor Plans: Yes
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 4200
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 41-14-29-457-023
Taxable Value: 105198
SEV: 337400
For Tax Year: 2026
Seller's Annual Property Tax: 3487.35
Tax Year: 2026
Homestead %: 100
Spec Assessment & Ty: none known

Remarks Misc

Directions: E on 196, South on Fuller, East on Lake Dr, S on Richard Terrace, Home on West

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: Lower Level
SqFt: 2112
Occupied: Yes
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes
Monthly Rent: 0
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Fireplace: Yes
Garage: Yes
Garb Disp: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 2
Unit Description: Upper Level
SqFt: 2088
Occupied: No
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 0
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
W/D Hookup: Yes

Location & Property Info

Cross Streets: Lake and Wealthy
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 119.02

Remarks & Misc

Public Remarks: Welcome to this meticulously maintained Eastown duplex, perfectly situated within close distance of Wealthy Street, local restaurants, bars, shops, and all that this vibrant neighborhood has to offer. Bursting with character and lovingly cared for, this property offers an exceptional opportunity for an owner-occupant or investor. The lower unit features 2 bedrooms and 1.5 baths, a large living room, spacious formal dining room, and kitchen equipped with brand-new stainless steel appliances. The upper unit offers 2 bedrooms, 1 full bath, a large living room, formal dining room, and kitchen, preserving the home's classic charm and character throughout. Designed with privacy and convenience in mind, each unit has its own separate entrance, basement space and entrance, and laundry. Outside, enjoy a large inviting front porch, fenced backyard, and two stall garage. Recent improvements include a brand-new roof, new windows, two new furnaces, two new A/C units, a new driveway, and
Legal: LOT 21* L K BISHOP ADDITION

Street Type

Paved: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
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

Mineral Rights

Unknown: Yes

Laundry Features

In Basement: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

Other: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Tenant Pays

None: Yes

Driveway

Paved: Yes

Substructure

Michigan Basement: Yes

Extras

Sep Electric Meter: Yes
Sep Gas Meter: Yes

Owner Pays

None: Yes

Possession

Negotiable: Yes

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Roofing: Composition Substructure: Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: None Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan Possession: Negotiable Sale Conditions: Other Unit 1: Central Air; Deck/Patio; Dishwasher; Fireplace; Garage; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: Central Air; Deck/Patio; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup

Listing Office: Bellabay Realty LLC

Listing Agent: Michelle J Haynes

Last Updated: September - 02 - 2026

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