$10,000 Closing Credit¹
#65025004717, Lauren Karsten, Kevin P Knoll, Listing Office: Five Star Real Estate (Ada), Five Star Real Estate (Grandv)
$1,890,000 List price
22 Jefferson Ave SE Grand Rapids, MI 49503
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 22 Jefferson Ave SE
Now offering a boutique hotel consisting of 4 gorgeous suites situated in 2 historical buildings. This fully-licensed short-term rental is located in the Heritage Hill historic district of Grand Rapids, Michigan. Guests include downtown visitors, large family gatherings, corporate groups, and local weekend travelers looking for a getaway. The property is zoned for a wide range of uses including owner-occupied with commercial business and nightly or yearly rentals. Each suite is unique offering tasteful finishes and incredible attention to detail. The restored buildings include many amenities: heated driveway & sidewalks, private laundry, updated mechanicals, attached garage and luxury furnishings. Walking distance to downtown events, venues, restaurants, shopping, Civic Theater, libraryAll furniture and accessories included in the sale. Financials available upon request.The owners have put a lot of heart, creativity and investment into this and made it one of the best places to stay in West Michigan! This property jogs your own creativity for your investment purposes! A turn-key opportunity in West Michigan!
Highlights
Home typeMulti Family
HeatingBaseboard, Electric, Forced Air, Natural Gas, Wood
StatusActive
CoolingCentral Air
BasementYes
Lot size0.15 Acres
Year built1900
ParkingConcrete
MLS #65025017431
Summary
- MLS Number: 65025017431
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: EXP Realty (Grand Rapids)
- Office Phone: (616) 901-3620
- Listing Agent: Jodi L Smith, Ryan Ogle
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,890,000
22 Jefferson Ave SE
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $277,600 | $11,722 |
| 2023 | $277,600 | $11,722 |
| 2022 | $241,500 | $11,722 |
| 2021 | $224,600 | $7,869 |
| 2020 | $224,600 | $7,869 |
| 2019 | $179,700 | $7,261 |
| 2018 | $168,400 | $7,296 |
| 2017 | $142,700 | $4,348 |
History based on county public records data.
Nearby schools
8
Grand Rapids Child Discovery Center
Public Charter KG-5
0.5 mi
•409 Lafayette Ave SE
3
Coit Creative Arts Academy
Public District PK-5
0.8 mi
•617 Coit Ave NE
6
Congress Elementary School
Public District PK-5
0.9 mi
•940 Baldwin St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,876. Typical income of Grand Rapids, MI residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
71%
<35k
23%
35k-100k
4%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
86%
Single, No Kids
5%
Single, with Kids
8%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
1%
12-17 yrs old
57%
18-34 yrs old
22%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
H&M
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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This home is located at 22 Jefferson Ave SE in Grand Rapids, MI and zip code 49503 in the Heritage Hill neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $1,890,000.
Over 117 listings were sold over their listed price in March 2025 in Grand Rapids, MI. In the same period over 86 listings were sold below the listed price and 37 listings were sold for the listed price. Between February and March 2025, Grand Rapids, MI real estate market has seen increase in the number of listings by 10.6%. In March 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $310,000.
From Rocket Homes Real Estate and based on county public records data.