557 Madison Avenue SE, Grand Rapids, MI 49503 (MLS# 26053715)


$625,000
557 Madison Avenue SE
Grand Rapids, MI 49503
MLS# 26053715
Status: Pending
6 beds  |  4 baths  |  3302 sqft


Front
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Front Front South Porch North Porch (Main Entrance) Main Level Floorplan Main Entrance Foyer Living Room Living Room Living Room Living Room Main Floor Office/Bedroom Main Floor Office/Bedroom Stairwell Stairwell Stairwell Stairwell Dining Room Dining Room Dining Room Kitchen Kitchen Kitchen Kitchen Brass Fixtures Half Bath Stairwell Private Guest Suite Highlighted Private Guest Suite (Main Floor) Private Guest Suite (Main Floor) Private Guest Suite (Main Floor) Private Guest Suite (Main Floor) Private Guest Suite (Main Floor) Private Guest Suite (Main Floor) Second Level Floorplan Primary Bedroom Primary Bedroom Primary Bedroom Primary Ensuite Bathroom Upper Bedroom Two Upper Bedroom Two Upper Bedroom Three Upper Bedroom Three Upper Bedroom Three Upper Bedroom Three Upper Bedroom Four Upper Bedroom Four Upper Hall Bathroom Finished Attic Floorplan Finished Attic Finished Attic Finished Attic Finished Attic Finished Attic Basement and Laundry All Floorplans Aerial Front Rear Exterior Attached Garage Fenced Backyard Fenced Backyard Fenced Backyard Fenced Backyard Aerial View Aerial View

Property Description
Historic charm meets thoughtful updates in this Heritage Hill home, located near Wealthy Street amenities and less than a block from Pleasant Park! A unique feature is the main floor "studio apartment", with both interior and private exterior entrances, ideal as a guest suite and historically a successful Airbnb. The main home spans 3+ levels and includes a first floor office/bedroom. The remodeled 2023 kitchen features new cabinetry, quartzite, GE appliances, refinished hardwoods, and unlacquered brass hardware/fixtures. Upstairs are 4-5 bedrooms and 2 full baths, including a sought-after primary ensuite. The remodeled 2021 attic adds versatile living space (new electrical, flooring, drywall refinish). The basement provides ample storage w/ laundry, and access to the attached 1-stall garage, plus 2 off-street parking spaces. Enjoy the charming fenced backyard beneath an ivy-covered wall. Boiler (2013), pressure tank (2020), ext. paint (2020), and indirect water heater (2021).

Details
Location & Property Info
Cross Streets: Franklin & Wealthy
Property Sub-Type: Single Family Residence
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 189.28
General Property Info
New Construction: No
Lot Dimensions: 43*147
Road Frontage: 43
Garage Y/N: Yes
Garage Spaces: 1
Fireplace: Yes
Total Fireplaces: 1
Waterfront: No
Income Property: No
Basement: Yes
Total Rooms AG: 15
Total Fin SqFt All Levels: 3302
SqFt Above Grade: 3302
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 1161
Building Total SqFt: 4463
Total Beds Above Grade: 6
Main Level Primary: No
Stories: 3
School District: Grand Rapids
# of Outbuildings: 0
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.15
Lot Square Footage: 6316
Year Built: 1915
Total Bedrooms: 6
Full Baths: 3
Half Baths: 1
Total Baths: 4
Tax Info
Taxable Value: 221916
SEV: 280700
For Tax Year: 2026
Seller's Annual Property Tax: 7229.16
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: none known
Zoning: Res
Tax ID #: 41-14-31-135-028
Remarks & Misc
Public Remarks: Historic charm meets thoughtful updates in this Heritage Hill home, located near Wealthy Street amenities and less than a block from Pleasant Park! A unique feature is the main floor "studio apartment", with both interior and private exterior entrances, ideal as a guest suite and historically a successful Airbnb. The main home spans 3+ levels and includes a first floor office/bedroom. The remodeled 2023 kitchen features new cabinetry, quartzite, GE appliances, refinished hardwoods, and unlacquered brass hardware/fixtures. Upstairs are 4-5 bedrooms and 2 full baths, including a sought-after primary ensuite. The remodeled 2021 attic adds versatile living space (new electrical, flooring, drywall refinish). The basement provides ample storage w/ laundry, and access to the attached 1-stall garage, plus 2 off-street parking spaces. Enjoy the charming fenced backyard beneath an ivy-covered wall. Boiler (2013), pressure tank (2020), ext. paint (2020), and indirect water heater (2021).
Legal: N 43 FT OF LOT 12 BLK 3* J PENNEY S ADDITION * BEING PART OF E 1/2 OF NW 1/4 SEC 31 T7N R11W
Waterfront Options
Water Access Y/N: No
Util Avail at Street
Electricity Available: 1
Utilities Attached
Cable Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
VA Loan: 1
Laundry Features
In Basement: 1
Sink: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Parking Features
Attached: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Radiant: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 4
Upper Full Baths: 2
Upper Level Square Feet: 1744
Total Baths Above Grade: 4
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Half Baths: 1
Main Level SQFT: 1558
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 1161
Driveway
Shared Paved: 1
Substructure
Walk-Out Access: 1
Windows
Screens: 1
Storms: 1
Kitchen Features
Snack Bar: 1
Fireplace
Living Room: 1
Wood Burning: 1
Additional Items
Ceiling Fan(s): 1
Ensuite: 1
Guest Quarters: 1
Window Treatments: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Heater
Other - See Remarks: 1
Fencing
Fenced Back: 1
Full: 1
Privacy: 1
Patio and Porch Features
Porch(es): 1
Covered: 1
Flooring
Carpet: 1
Engineered Hardwood: 1
Tile: 1
Wood: 1
Landscape
Shrubs/Hedges: 1
Architectural Style
Historic: 1
Traditional: 1
Possession
Negotiable: 1
See Remarks: 1
Location Property Info
County: Kent
Street #: 557
Street Name: Madison
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Zip (4): 5384
OfficeContract Info
Status: Pending
List Price: $625,000
Current Price: $625,000
Listing Date: 2026-10-08
Remarks Misc
Directions: Wealthy west of Eastern to Madison South to property West side
Status Change Info
Under Contract Date: 2026-10-28
Property Features
Laundry Features: In Basement; Sink
Exterior Material: Wood Siding
Roofing: Composition
Windows: Screens; Storms
Substructure: Walk-Out Access
Sewer: Public Sewer
Water: Public
Utilities Attached: Cable Connected; Natural Gas Connected
Util Avail at Street: Electricity Available
Kitchen Features: Snack Bar
Fireplace: Living Room; Wood Burning
Additional Items: Ceiling Fan(s); Ensuite; Guest Quarters; Window Treatments
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Heat Source: Natural Gas
Heat Type: Radiant
Air Conditioning: Window Unit(s)
Water Heater: Other - See Remarks
Fencing: Fenced Back; Full; Privacy
Flooring: Carpet; Engineered Hardwood; Tile; Wood
Patio and Porch Features: Covered; Porch(es)
Landscape: Shrubs/Hedges
Parking Features: Attached
Architectural Style: Historic; Traditional
Driveway: Shared Paved
Terms Available: Cash; Conventional; VA Loan
Possession: Negotiable; See Remarks
Sale Conditions: None

IDX
Listing Office: ReSIDE Grand Rapids
Listing Agent: Mary C Noles
Source MLS Verified

Last Updated: October - 29 - 2026

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