$325,000
Grand Rapids, MI 49503
MLS# 26045604
1 / 49
Property Description
Great opportunity for owner occupant or parents of college students looking to offset their mortgage by renting the other apartment. Updated, low maintenance home in fantastic location is super easy to rent! Walk to Farmers Market, GRCC, Martha's, sushi, Madcap, Black Napkin and GFS grocery. Private driveway, garage, small partially fenced yard. Don't let the age fool you on this one. Interior was completely rehabbed in 2018 including gut remodel of kitchens and baths. Utilities are split with 2 water heaters, 2 electric meters, 2 gas meters. All windows, HVAC, plumbing, and electrical wiring in the house is new since 2017. Sewer lines just scoped/cleaned and in great condition. Home was originally a single-family home and easily converts back. Seller is offering a $10,000 credit at closing to buyers to add 1 wall in each apartment to create 2nd bedrooms (currently 1 bedrooms). See attached floor plans. Both units access laundry room and storage in the basement from the backyard.
Details
Documents
Location & Property Info
Cross Streets: Fountain and Houseman
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Broker/Agent Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 190.28
General Property Info
New Construction: No
Lot Dimensions: 37x129
Financial Available: Yes
Road Frontage: 37
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2029-01-11
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1708
Total Parking Spaces: 2
School District: Grand Rapids
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 4877
Lot Acres: 0.11
Year Built: 1900
Tax Info
Taxable Value: 89833
SEV: 140000
For Tax Year: 2026
Seller's Annual Property Tax: 4516.59
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: none known
Tax ID #: 41-14-29-155-001
Remarks & Misc
Public Remarks: Great opportunity for owner occupant or parents of college students looking to offset their mortgage by renting the other apartment. Updated, low maintenance home in fantastic location is super easy to rent! Walk to Farmers Market, GRCC, Martha's, sushi, Madcap, Black Napkin and GFS grocery. Private driveway, garage, small partially fenced yard. Don't let the age fool you on this one. Interior was completely rehabbed in 2018 including gut remodel of kitchens and baths. Utilities are split with 2 water heaters, 2 electric meters, 2 gas meters. All windows, HVAC, plumbing, and electrical wiring in the house is new since 2017. Sewer lines just scoped/cleaned and in great condition. Home was originally a single-family home and easily converts back. Seller is offering a $10,000 credit at closing to buyers to add 1 wall in each apartment to create 2nd bedrooms (currently 1 bedrooms). See attached floor plans. Both units access laundry room and storage in the basement from the backyard.
Legal: LOT 1203* STEINMANN S ASSESSOR S PLAT NO 42
Lot Description
Level: 1
Income and Expenses
Annual Insurance: 1250
Annual Mgmt. Fees: 0
Annual Utilities: 800
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
High Speed Internet: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
Mineral Rights
Yes: 1
Laundry Features
Common Area: 1
Gas Dryer Hookup: 1
In Basement: 1
Washer Hookup: 1
Exterior Material
Shingle Siding: 1
Roofing
Composition: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Ductless: 1
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Paved: 1
Substructure
Full: 1
Extras
Garages: 1
Laundry Facility: 1
Sep Electric Meter: 1
Sep Gas Meter: 1
Tenant Storage: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Main Floor Apt
SqFt: 1084
Occupied: Yes
Monthly Rent: 1325
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Garb Disp: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Upper Floor Apt
SqFt: 624
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 900
Street Name: Fountain
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49503
OfficeContract Info
Status: Active
Current Price: $325,000
List Price: $325,000
Listing Date: 2026-08-27
Remarks Misc
Directions: East on Fountain from Eastern or Houseman.
Property Features
Laundry Features: Common Area; Gas Dryer Hookup; In Basement; Washer Hookup
Exterior Material: Shingle Siding
Roofing: Composition
Substructure: Full
Lot Description: Level
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; High Speed Internet; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Garages; Laundry Facility; Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Electric; Natural Gas
Heat Type: Baseboard; Ductless; Forced Air
Air Conditioning: None
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Yes
Terms Available: Cash; Conventional; FHA; MSHDA
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Deck/Patio; Dishwasher; Garage; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 2: Garage; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Supplements
Main floor is charming with refinished original hardwood floors. All new kitchen cabinets, counters, flooring, stainless steel appliances and a gorgeous bathroom with original tile, new vanity and new plumbing. A private porch on the back enjoys the private backyard. Upper floor was totally gutted and new kitchen and new bathroom added with full tile shower, luxury vinyl plank flooring, stainless steel appliances, and a large storage attic. Rents are below market because the tenants have been long term and the best tenants you could possibly want or find. Main floor unit 1 is currently occupied on month-to-month lease at $1,325 per month plus utilities (landlord only pays water and mows lawn). Upstairs Unit 2 is currently vacant. What a great chance to offset your mortgage while living in a remodeled and cute home! Detailed list of improvements attached to listing. All appliances including washer and dryer are included.
Updates and Home Info 
Listing Office: GR Home Team
Listing Agent: Erin C Fester
Last Updated: September - 17 - 2026
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