745 Prospect Avenue SE, Grand Rapids, MI 49503
$319,500
Property Type:
Multi Family
Lot Size (sq. ft.):
4,400
Status:
Active
Current Price:
$319,500
List Date:
8/13/2026
Last Modified:
9/02/2026
Listing Details MLS# 26042512
Location Property Info
- County
- Kent
- Street #
- 745
- Street Name
- Prospect
- Suffix
- Avenue
- Post Direction
- SE
- State
- MI
- Zip Code
- 49503
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 4400
- Lot Acres
- 0.1
- Lot Dimensions
- 44x100
- Year Built
- 1900
- New Construction
- No
- Cert of Compliance
- Yes
- Cert. of Compliance Exp Date
- 2030-05-21
- Road Frontage
- 44
- Total # Units
- 2
- # of Diff Unit Floor Plans
- 2
- Total # Bldgs
- Yes
- Total Approx. SqFt All Bldgs
- 2665
- Waterfront
- No
- School District
- Grand Rapids
- Association YN
- No
- Basement
- Yes
- Total Parking Spaces
- 0
Tax Info
- Tax ID #
- 41143118203
- Taxable Value
- 43855
- SEV
- 153400
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 2311.74
- Tax Year
- 2026
- Spec Assessment & Ty
- N/A
- Zoning
- Res
- Homestead %
- 0
Remarks Misc
- Directions
- Corner of Franklin and Prospect
Access Feat
- Accessibility Features
- No
More Information
Income and Expenses
- Annual Insurance
- 2665
- Annual Utilities
- 1704
Unit 1
- Unit #
- Yes
- Unit Description
- Lower
- SqFt
- 1367
- Occupied
- Yes
- Monthly Rent
- 1120
- Bathrooms
- Yes
- Full Baths
- Yes
- Fireplace
- Yes
- Range Oven
- Yes
- Refrigerator
- Yes
- Sep. Heat System
- Yes
- Washer/Dryer
- Yes
Unit 2
- Unit #
- 2
- Unit Description
- Upper
- SqFt
- 1298
- Occupied
- No
- Monthly Rent
- 1550
- Bathrooms
- Yes
- Full Baths
- Yes
- Dishwasher
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- Sep. Heat System
- Yes
- Washer/Dryer
- Yes
Location & Property Info
- Cross Streets
- Franklin and Prospect
- Property Sub-Type
- 2 to 4 Units
- Municipality
- City of Grand Rapids
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 119.89
Remarks & Misc
- Public Remarks
- Welcome Home! Lovely two unit investment property located in South Hill just outside Heritage Hill. Conveniently located near downtown GR happenings, restaurants and pubs on Wealthy Street, Trinity Health and easy access to expressways and bus lines. Offering solid potential for income diversification. Could be ideal owner occupied as upper unit is currently vacant. Property offers loads of old world character and charm all the way through. Main floor with 2 bedrooms, wood flooring, high 10' ceilings, ornate wood work, spacious foyer, french doors and fireplace. Upper level with 3 bedrooms, high ceilings, wood flooring, nice wood work & trim, transom window, access to unfinished 3rd floor attic. All appliances remain including double washer & dryers. Basement offers separate locked storage areas & separate laundry area for each unit. City Certified thru 5/21/30. New roof 2024, many newer windows, 2 newer water heaters, ext was painted 3 years ago. Quaint rear yard. Hurry! SEE SUPPLMNT
- Legal
- E 100 FT OF S 44 FT OF LOT 10 BLK 8* J PENNEY S ADDITION* BEING PART OF E 1/2 OF NW 1/4 SEC 31-7-11
Lot Description
- Corner Lot
- Yes
- Sidewalk
- Yes
Street Type
- Paved
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
- Storm Sewer
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Laundry Features
- Common Area
- Yes
- In Basement
- Yes
- Laundry Room
- Yes
- See Remarks
- Yes
Exterior Material
- Wood Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- None
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
Driveway
- Paved
- Yes
Substructure
- Full
- Yes
- Walk-Out Access
- Yes
Extras
- Laundry Facility
- Yes
- Sep Electric Meter
- Yes
- Sep Gas Meter
- Yes
- Sep Water Meter
- Yes
- Tenant Storage
- Yes
Owner Pays
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Laundry Features:
Common Area; In Basement; Laundry Room; See Remarks
Exterior Material:
Wood Siding
Roofing:
Composition
Substructure:
Full; Walk-Out Access
Lot Description:
Corner Lot; Sidewalk
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at Street:
Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras:
Laundry Facility; Sep Electric Meter; Sep Gas Meter; Sep Water Meter; Tenant Storage
Owner Pays:
Sewer; Trash Collection; Water
Tenant Pays:
Electric; Gas
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
None
Driveway:
Paved
Street Type:
Paved
Terms Available:
Cash; Conventional
Possession:
Close Of Escrow
Sale Conditions:
None
Unit 1:
Fireplace; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 2:
Dishwasher; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Listing Office:
Pro Real Estate Services LLC
Listing Agent:
Aurelia R Becker
Last Updated: September - 02 - 2026
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