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Heritage Hill Multifamily Homes & Duplexes for Sale

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  • /67

    $1,890,000

    22 Jefferson Ave SE, Grand Rapids, MI 49503

    This is worth a second look! Two large historic buildings within Heritage Hill (but not on the hill) in downtown Grand Rapids. The property is zoned for a wide range of uses from commercial business and residential ownership to a variety of rental within the 4 units. Currently operates as a boutique hotel consisting of 4 gorgeous suites. The desire to live, play and visit downtown is growing here

    Jodi Smith EXP Realty (Grand Rapids)

    22 Jefferson Ave SE, Grand Rapids, MI 49503
  • /42

    $545,000

    470 Crescent St NE, Grand Rapids, MI 49503

    Nicole Wright Five Star Real Estate (Chicago Dr)

    470 Crescent St NE, Grand Rapids, MI 49503

Why Live in Heritage Hill

Heritage Hill in Grand Rapids is a historic neighborhood known for its unique architecture and vibrant community. Established in the late 1800s, it features homes built for the city’s elite, including properties designed by Frank Lloyd Wright. The neighborhood's architecture includes pastel-colored Cape Cods, vintage Craftsman Foursquares, elaborate Queen Annes, and Tudor Revivals. As a national historic district, homes must adhere to period-accurate regulations, often requiring significant upkeep. The area is home to a diverse mix of residents, from students and professors to young families and retirees. Heritage Hill is safer than the national average and offers a strong sense of community, with the Heritage Hill Association organizing events like holiday gatherings, walking tours, and the popular annual Heritage Hill Home Tour. Pleasant Park, created through community effort, features a playground and hosts events such as Movies in the Park and Shakespeare in the Park. The neighborhood is within walking distance to downtown Grand Rapids, which offers festivals, sporting events, and museums. However, street parking can be limited, especially during big events. The area is served by The Rapid public buses and is close to the Amtrak station and Gerald R. Ford International Airport, 15 miles away. Nearby, the Wealthy Street shopping corridor offers eclectic boutiques and dining options, though large grocery stores are at least 2 miles away. Heritage Hill also borders the Grand Rapids Medical Mile, providing a walkable commute for healthcare workers but occasionally bringing noise from hospital helicopters.

Home Trends in Heritage Hill, MI

Housing Trends

Median Sale Price
$320,000
Median Single Family Sale Price
$407,500
Median 2 Bedroom Sale Price
$265,000
Median 1 Bedroom Sale Price
$190,000
Average Price Per Sq Ft
$261
Number of Homes for Sale
15
Last 12 months Home Sales
80
Months of Supply
2.30
Median List Price
$364,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-8%
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