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


$360,000
264 Eastern Avenue SE
Grand Rapids, MI 49503
MLS# 26025905



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Property 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.

Details
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
General Property Info
New Construction: No
Lot Dimensions: 40 x 100
Road Frontage: 40
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4008
Lot Acres: 0.09
Year Built: 1950
Tax Info
Taxable Value: 64660
SEV: 175900
For Tax Year: 2025
Seller's Annual Property Tax: 3252
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: RES.
Tax ID #: 41-14-29-352-008
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: 1
Util Avail at Street
Cable Available: 1
Natural Gas Available: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
VA Loan: 1
Exterior Material
Wood Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Paved: 1
Substructure
Full: 1
Walk-Out Access: 1
Extras
Garages: 1
Owner Pays
Water: 1
Unit 1
Unit Description: ENT, LR, DR, KIT, BR
SqFt: 1200
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: LR, DR, 2 BR, BA
SqFt: 1200
Occupied: Yes
Monthly Rent: 850
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Close Plus 30 Days: 1
Location Property Info
County: Kent
Street #: 264
Street Name: Eastern
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Zip (4): 4740
OfficeContract Info
Status: Active
Current Price: $360,000
List Price: $360,000
Listing Date: 2026-05-30
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: May - 30 - 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.