$465,000
3 Bath
0.17 Acre Lot

321 Madison Avenue Se, Grand Rapids, Michigan 49503

  • Multi Family Property Type
  • Paved Cars Garage
  • 1880 Year Built
Property Description

This well-positioned, affordable Heritage Hill triplex pairs recent updates with an exceptional location near downtown Grand Rapids, the Wealthy Street corridor, and Cherry Street’s shops and restaurants. Currently owner-occupied, the main residence features original millwork, oak floor, fireplace, large airy living room, formal dining, 1.5 bathrooms, and a recently refinished front room with inviting views of beautiful Madison Avenue. Two upstairs apartments—a studio with a walk-up attic and a one-bedroom—are home to long-term tenants and generate combined rental income of over $2, 000 per month. The basement’s exceptionally tall ceilings offer potential for a workshop or creative space, while the backyard provides room for recreation and a deep concrete parking pad. Its hilltop setting offers an open view of the sky, perfect for watching sunsets and storms roll in. A bus stop and shared scooter access at the end of the street add convenient transportation options to Downtown & Uptown.

Basic Details
Multi Family
For Sale
26055977
$465,000
3
1880
0.17 Acre
Pending
2 to 4 Units
: Composition
Features
: Forced Air, Wall Furnace
: Window Unit(s)
: Full
: Paved
: Laundry Room, Common Area
: Public Sewer
: Natural Gas Available, Natural Gas Connected, Phone Connected, Cable Connected, Cable Available, Phone Available, Electricity Available, Electricity Connected, Storm Sewer
Address Map
MI
Kent
Grand Rapids
49503
Madison
321
Avenue
W86° 20' 25.6''
N42° 57' 24.9''
Madison SE, between Wealthy and Cherry.
SE
Neighborhood
Grand Rapids
Additional information
Grand River Realty
Pete J Bruinsma
Additional Information
: Wood Siding, Stone
51x149
3
2026-10-21
Financial
9046.0
Listing Information
gbrui0188
g155101
VA Loan, MSHDA, FHA, Cash, Conventional
Pending
2026-10-31T14:04:27Z
MICHRIC
2026-10-31T14:03:26Z
Agent info
6231 W River Dr NE STE K, Belmont, MI 49306
Contact Agent