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


$800,000
106 Prospect Avenue SE
Grand Rapids, MI 49503
MLS# 25035081
Status: Sold



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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
Cross Streets: Washington & Prospect
Property Sub-Type: 5+ Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: IRREG
Road Frontage: 0.78
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 9
# of Diff Unit Floor Plans: 9
Total # Bldgs: 1
Total Parking Spaces: 0
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4008
Lot Acres: 0.09
Year Built: 1920
Tax Info
Taxable Value: 231115
SEV: 563200
For Tax Year: 2024
Seller's Annual Property Tax: 12442.02
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: None Known
Zoning: 201 Comm Improv
Tax ID #: 41-14-30-331-001
Remarks & Misc
Public Remarks: 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.
Legal: N 78 2/3 FT OF LOT 1 BLK 4* SMITH S ADDITION
Lot Description
Corner Lot: 1
Util Avail at Street
Public Sewer: 1
Public Water: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Other: 1
Exterior Material
Wood Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Substructure
Full: 1
Michigan Basement: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
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
Possession
Subject To Tenant Rights: 1
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
Status Change Info
Under Contract Date: 2025-09-03
Sold Date: 2025-11-13
Sold Price: $800,000
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

IDX
Listing Office: Five Star Real Estate (Chicago Dr)
Listing Agent: Nicole L Wright
Source MLS Verified

Last Updated: November - 14 - 2025

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.