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0 Baths

$845,000

450 Fountain Street NE, Grand Rapids MI, 49503

Price per sqftN/A
Built in1891
Property typeMulti-family
Courtesy of Ingrid C Anastasiu, Keller Williams GR East

Overview

Pending

Listed Aug 28, 2026

Updated 3 weeks ago

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 accessible downtown Grand Rapids. With 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.

$5,622/mo

Est. mortgage payment based on a $845,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26045679

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.45 Acres

Other Property Details

Taxes
$16,025
Tax Frequency
Annually
Maintenance Expense
$2,000
MLS provider logo

Courtesy of Keller Williams GR East

The IDX display contains information sourced from the MichRIC® as of 9/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 9/9/2026

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