$365,000

307 Spencer St NE Grand Rapids, MI 49505

$4,334
Closing credit¹
0.1 acres
Multi-Family

Property details

About 307 Spencer St NE

Rare find! Very well built 6 bed 2 bath 4 car Roaring 20's Plantation style investment property that was actually planned and built as a 2 family w/1270 sq ft, 3 beds, 1 baths & 2 car garage per unit! Perfect for either owner occupant or great as it is now as an income property. Each unit has: separate entrance, basement stairway, open floor plan, 3 Bedrooms, a large living room w/brick fireplace, kitchen, full size appliances, spacious formal dining room, original hardwood floors in great condition, an upscale full bathroom with slate flooring & a large covered front porch perfect for enjoying Michigan sunsets! Turnkey investment property with great tenants. All appliances included. Water & Sewer Lines will be replaced at no cost to the buyer Summer 2025. Set appt today!

Highlights

Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.13 Acres
Year built1920
ParkingGarage, Paved
MLS #65025003110

Summary

  • MLS Number: 65025003110
  • MLS Name: Greater Regional Alliance of REALTORS
  • Office Name: Five Star Real Estate (Grandv)
  • Office Phone: (616) 257-1500
  • Listing Agent: John E Cremer

IDXDisclaimer: 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.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

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: 3/9/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a garage, a balcony, and an outdoor structure

$365,000

307 Spencer St NE

$4,334

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 22, 2016
Home Sold
$139,900
Mar 13, 2007
Home Sold
$144,270
Jun 23, 2005
Home Sold
$123,000

Tax history

YearAssessmentProperty Tax
2024$150,200$3,162
2023$130,200$3,162
2022$114,300$3,162
2021$103,200$3,129
2020$93,600$3,129
2019$79,100$2,959
2018$62,700$2,267
2017$56,100$2,160

History based on county public records data.

Nearby schools

2

East Leonard Elementary School

Public District PK-5

0.4 mi

410 Barnett St NE

6

Palmer School

Public District PK-5

0.4 mi

309 Palmer St NE

3

Kent Hills Elementary School

Public District PK-5

0.7 mi

1445 Emerald Ave NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,286. The most common annual income of people living in Grand Rapids, MI is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

51%
<35k
32%
35k-100k
17%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
25%
Single, with Kids
15%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
8%
12-17 yrs old
36%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 307 Spencer St NE in Grand Rapids, MI and zip code 49505 in the Creston neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $365,000.

While more than 93 listings in Grand Rapids, MI in February 2025 were sold above asking price, there were more than 39 listings sold at asking price, and more than 91 were sold below. Between January and February 2025, Grand Rapids, MI real estate market has seen increase in the number of listings by 3.1%. While the average time on the market in February 2025 was 34 days, the median list price was $311,206.

From Rocket Homes Real Estate and based on county public records data.

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