450 Fountain Street NE
Grand Rapids, MI, 49503
$845,000
Beds
0 Baths
0 SqFt
0.45 Acres
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$845,000
450 Fountain Street NE
Grand Rapids, MI, 49503
MLS #26045679 image #0
A rare investment opportunity in the heart of historic Heritage Hill! This stunning five-unit property offers five generously sized one-bedroom, one-bath residences, each approximately 1,000 sf located on a tree-lined street. Beautiful historic character blends seamlessly with thoughtfully updated interiors, with units refreshed in 2022 and attractive finishes throughout. Situated on an extraordinary quadruple lot with an assessed land value exceeding $710,000, the property features an expansive fenced yard, three garage spaces and approximately 10 additional parking spaces – an exceptional amenity in this highly desirable neighborhood. All five units are currently leased, including the garage spaces, providing immediate rental income for the next owner. The property has been newly certified by the City of Grand Rapids for another six years through 2032, offering added confidence and convenience for the next owner. Located next to GRCC, just minutes to walkable downtown Grand Rapids w convenient access to restaurants, entertainment, medical facilities, universities and everything the city has to offer. A truly distinctive combination of location, land, historic appeal and income-producing potential. One unit could be potentially owner occuopied. Showings only upon appointment (showing window) for pre-approved, serious buyers.

Property Details

Price:
$845,000
MLS #:
26045679
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
5+ Units
Listed Date:
Aug 28, 2026
Lot Size:
19,515 sqft / 0.45 acres (approx)
Year Built:
1891
WoodedGrand Rapids

Schools

School District:
Grand Rapids

Interior

Cooling
Window Unit(s)
Heating
Forced Air
Laundry Features
In Basement

Exterior

Construction Materials
Aluminum Siding
Lot Features
Sidewalk, Wooded
Parking Features
Paved
Parking Spots
13
Parking Total
13
Roof
Composition

Financial

Maintenance Fee
$2,000
Net Operating Income
$70,000
Tax Year
2026
Taxes
$16,025
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Current real estate data for Single Family in Grand Rapids as of Aug 30, 2026
781
Single Family Listed
49
Avg DOM
214
Avg $ / SqFt
$427,295
Avg List Price

Community

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Property Summary

    450 Fountain Street NE Grand Rapids MI is a Single Family for sale in Grand Rapids, MI, 49503. It is listed for $845,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1891. The average price per square foot for Single Family listings in Grand Rapids is $214. The average listing price for Single Family in Grand Rapids is $427,295.
450 Fountain Street NE
Grand Rapids, MI

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