22 Jefferson Ave SE Grand Rapids, MI 49503
Heritage Hill NeighborhoodEstimated payment $10,282/month
Highlights
- Popular Property
- Baseboard Heating
- Level Lot
- Forced Air Heating and Cooling System
- High Speed Internet
- 4-minute walk to Veterans Memorial Park
About This Home
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 in GR/West Michigan. This property jogs your own creativity for your investment purposes! A turn-key opportunity in West Michigan. Each building offers 2 suites. 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, and library. The majority of 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,265
Year Built
- Built in 1900
Lot Details
- 6,400 Sq Ft Lot
- Lot Dimensions are 50x128
- Level Lot
Home Design
- Composition Roof
- Wood Siding
Parking
- 4 Parking Spaces
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- High Speed Internet
- Cable TV Available
Additional Features
- Laundry on lower level
- Basement Fills Entire Space Under The House
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,761 | $291,900 | $0 | $0 |
| 2024 | $12,761 | $277,600 | $0 | $0 |
| 2023 | $12,197 | $277,600 | $0 | $0 |
| 2022 | $11,570 | $241,500 | $0 | $0 |
| 2021 | $449 | $224,600 | $0 | $0 |
| 2020 | $11,488 | $224,600 | $0 | $0 |
| 2019 | $7,870 | $179,700 | $0 | $0 |
| 2018 | $7,629 | $168,400 | $0 | $0 |
| 2017 | $7,261 | $136,400 | $0 | $0 |
| 2016 | $7,297 | $134,000 | $0 | $0 |
| 2015 | $4,348 | $134,000 | $0 | $0 |
| 2013 | -- | $123,300 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | For Sale | $1,749,900 | -- | $382 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Sun Title Agency Of Mi Llc | |
| Warranty Deed | -- | Sun Title | |
| Warranty Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $86,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Closed | $720,000 | New Conventional | |
| Previous Owner | $300,000 | Seller Take Back |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25017431
APN: 41-14-30-326-004
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Information is deemed reliable but not guaranteed.
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