106 Prospect Avenue SE, Grand Rapids, MI 49503 (MLS# 25035081)


$850,000
106 Prospect Avenue SE
Grand Rapids, MI 49503
MLS# 25035081
Status: Sold



106 Prospect Avenue SE, Grand Rapids, MI 49503
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106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503 106 Prospect Avenue SE, Grand Rapids, MI 49503

Property Description
9 Units Located In Desirable Heritage Hill. Walking Distance To Downtown Grand Rapids, Medical Mile, Mary Free Bed, Trinity Health, GRCC & Kendall. Exterior Recently Painted. Coin Operated Laundry. Street Parking Only. Commercial Loan Or Cash Only.

Details
Location Property Info
County: Kent
Street #: 106
Street Name: Prospect
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Zip (4): 4320
OfficeContract Info
Status: Sold
Current Price: $800,000
List Price: $850,000
Listing Date: 2025-07-16
General Property Info
Lot Measurement: Acres
Lot Square Footage: 4008
Lot Acres: 0.09
Lot Dimensions: IRREG
Year Built: 1920
New Construction: No
Cert of Compliance: Yes
Road Frontage: 0.78
Total # Units: 9
# of Diff Unit Floor Plans: 9
Total # Bldgs: 1
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-14-30-331-001
Taxable Value: 231115
SEV: 563200
For Tax Year: 2024
Seller's Annual Property Tax: 12442.02
Tax Year: 2024
Spec Assessment & Ty: None Known
Zoning: 201 Comm Improv
Status Change Info
Under Contract Date: 2025-09-03
Sold Date: 2025-11-13
Sold Price: $800,000
Access Feat
Accessibility Features: No
Unit 1
Unit Description: #1
SqFt: 500
Occupied: Yes
Monthly Rent: 1000
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: #
SqFt: 500
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: #3
SqFt: 500
Occupied: No
Monthly Rent: 1050
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: #4
SqFt: 500
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: #5
SqFt: 500
Occupied: Yes
Monthly Rent: 825
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: #6
SqFt: 500
Occupied: Yes
Monthly Rent: 950
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 7
Unit Description: #7
SqFt: 500
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Monthly Rent: 825
Unit 8
Unit Description: #8
SqFt: 500
Occupied: Yes
Monthly Rent: 900
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 9
Unit Description: #9
SqFt: 500
Occupied: Yes
Monthly Rent: 800
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Wood Siding
Substructure: Full; Michigan Basement
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Public Sewer; Public Water
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Terms Available: Cash; Other
Possession: Subject To Tenant Rights
Sale Conditions: None

Listing Office: Five Star Real Estate (Chicago Dr)

Listing Agent: Nicole Wright

Last Updated: November - 14 - 2025

106 Prospect Avenue SE, Grand Rapids, MI 49503 - MLS# 25035081

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