321 Madison Avenue SE
Grand Rapids, MI, 49503
$465,000
Beds
3 Baths
0 SqFt
0.17 Acres
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$465,000
321 Madison Avenue SE
Grand Rapids, MI, 49503
MLS #26055977 image #0
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.

Property Details

Price:
$465,000
MLS #:
26055977
Status:
Active
Beds:
0
Baths:
3
Type:
Single Family
Subtype:
2 to 4 Units
Listed Date:
Oct 21, 2026
Lot Size:
7,599 sqft / 0.17 acres (approx)
Year Built:
1880
Grand Rapids

Schools

School District:
Grand Rapids

Interior

Cooling
Window Unit(s)
Heating
Forced Air, Wall Furnace
Laundry Features
Common Area, Laundry Room

Exterior

Construction Materials
Stone, Wood Siding
Parking Features
Paved
Parking Spots
3
Parking Total
3
Roof
Composition

Financial

Net Operating Income
$20,542
Tax Year
2025
Taxes
$9,046
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Current real estate data for Single Family in Grand Rapids as of Oct 30, 2026
821
Single Family Listed
58
Avg DOM
209
Avg $ / SqFt
$408,718
Avg List Price

Community

Subdivisions in Grand Rapids

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Property Summary

    321 Madison Avenue SE Grand Rapids MI is a Single Family for sale in Grand Rapids, MI, 49503. It is listed for $465,000 and features 0 beds, 3 baths, and has approximately 0 square feet of living space, and was originally constructed in 1880. The average price per square foot for Single Family listings in Grand Rapids is $209. The average listing price for Single Family in Grand Rapids is $408,718.
321 Madison Avenue SE
Grand Rapids, MI

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