301 Spencer Street NE, Grand Rapids, MI 49505 - Photo 1

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$375,000 Just Listed

For Sale
Active
Single Family
Updated 1 day ago

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Property Description

Turnkey fully rented duplex in a prime NE Grand Rapids location! This well-maintained property features two occupied units providing immediate cash flow, making it an excellent investment opportunity. Each unit offers a functional layout, spacious living areas, and strong rental appeal in a high-demand area. Located just minutes from downtown, parks, shopping, and major highways, the property combines convenience with long-term rental stability. Whether you're looking to expand your portfolio or secure a reliable income-producing asset, this fully leased duplex is a solid addition in a growing market. There are two different addresses for the units since it is a corner lot. 1400 Lafayette and 301 Spencer.

Full Property Details

Full Property Details for 301 Spencer St NE

General

Price: $375,000
Taxes: $6,775
Status: Active
Type: Single Family
Source: SWMRIC_MLS
MLS ID: 26007870
Updated: 3/3/2026
Added to Site: 1 day(s) ago

Rooms

Other Rooms

Laundry: In Unit

Location

County: Kent
Cross Streets: Spencer & Lafayette

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Wall Unit(s)
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Utility Description: Natural Gas Available, Natural Gas Connected, Electricity Connected, Storm Sewer

Structural Information

# Buildings: 1
Construction: Vinyl Siding
Basement: Yes
Roof: Composition
Year Built: 1910

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 4,008
Lot Dimensions: 50 x 80
Lot Features: Level, Sidewalk, Corner Lot
Zoning: RES

Financial Considerations

Tax Amount: $6,775
Terms: VA Loan, MSHDA, FHA, Cash, Conventional
Landlord Pays: None
Tenant Pays: Electricity, Trash, Gas

Disclosures and Reports

Legal Description: S 80 FT OF LOT 16 BLK 13* A L SKINNER S ADDITION
Property ID: 41-14-18-337-023

Listed by Liz Rhoda & Co, Carter F Rohman and Liz Rhoda & Co, Liz Rhoda

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Listing agents

— 301 Spencer St NE —

Carter F Rohman

Liz Rhoda & Co
Liz Rhoda

Liz Rhoda & Co

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Schools

Schools serving 301 Spencer St NE

School District:Grand Rapids Public Schools

Name	Grades	Distance
Center For Economicology 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505	6-	0.3 mi
Kent Hills School 1445 Emerald Avenue Northeast, Grand Rapids, MI 49505	K-5	0.7 mi
John Ball Park Zoo School 1300 Fulton Street West, Grand Rapids, MI 49504	6-	2.6 mi
City High Middle School 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505	7-12	0.3 mi
Riverside Middle School, Grand Rapids, MI 265 Eleanor Street Northeast, Grand Rapids, MI 49505	6-8	1.1 mi
Grand Rapids University Preparatory Academy 512 Division Avenue South, Grand Rapids, MI 49503	6-12	2.4 mi
Innovation Central High School 421 Fountain Street Northeast, Grand Rapids, MI 49503	9-12	1.6 mi
Union High School, Grand Rapids, MI 1800 Tremont Boulevard Northwest, Grand Rapids, MI 49504	9-12	2.8 mi
Blandford Nature Center 3143 Milo Street Northwest, Grand Rapids, MI 49534	6-	4.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 301 Spencer St NE Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/03/2026

Listed

$375,000

25%

MLS

10/08/2024

Sold

$300,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 301 Spencer St NE

Year

Property Taxes

Change

Tax Assessment

Change

2021

$1,994

—

$131,200

17%

2021

$1,994

—

$112,300

16%

2021

$1,994

—

$97,200

14%

2021

$1,994

$85,300

11%

2019

$1,973

—

$77,100

10%

2019

$1,973

—

$69,900

18%

2019

$1,973

$59,100

27%

2016

$1,875

—

$46,400

—

2017

$1,866

$46,300

15%

2014

$1,748

-2%

$40,300

11%

2015

$1,787

$36,400

2014

$1,748

-15%

$34,400

-10%

2012

$2,066

—

$38,300

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 301 Spencer St NE

301 Spencer Street NE, Grand Rapids, MI 49505 (MLS# 26007870) is a Single Family property with 0 bedrooms and 0 full bathrooms. 301 Spencer Street NE is currently listed for $375,000 and was received on March 04, 2026. Want to learn more about 301 Spencer Street NE? Do you have questions about finding other Single Family real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

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301 Spencer St NE Grand Rapids, MI 49505