NOT LISTED FOR SALE

234 Madison Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $799,000 - $951,386

6 Beds
7 Baths
-- Sq Ft
6,708 Sq Ft Lot

Sale Details

Date Sold: August 15, 2025

Last sale price $785,000

Est. 10% increase in value since last sale

Current estimated payment $5,340 / mo

92 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 2-minute walk to Foster Park
  • 2 Car Garage
  • Wood Siding

About This Home

As of August 2025

This Heritage Hill 4-unit has been exceptionally maintained with care—featuring an exceptional 3BR/3BA owner's suite with 2,400 SF. Additional units include an efficiency, a 1BR, and a 2BR/2BA. Built in 1893, the home retains its historic charm while offering modern updates throughout. Enjoy the luxury of a two-car garage plus off-street parking. Located in one of Grand Rapids' most sought-after historic neighborhoods—close to downtown, medical mile, parks, and vibrant local dining. Ideal for an owner-occupant investor seeking a unique and quality asset. Full list of updates available in documents

Last Agent to Sell the Property

Roger Ackerman

Keller Williams GR North License #6501295615 Listed on: 04/08/2025

Keller Williams GR North

Last Buyer's Agent

Roger Ackerman

Keller Williams GR North License #6501295615 Listed on: 04/08/2025

Keller Williams GR North

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,926

Year Built

  • Built in 1893

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 51 x 131
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 4 Units
  • Heritage Hill Subdivision

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for electricity, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,926

Year Built

Built in 1893

Lot Details

6,708 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1893
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 165.6
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 51 x 131
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: residential
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Location Property Info:Subdivision2: Heritage Hill
  • Extras:Sep Gas Meter: Yes
  • Laundry Features In Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 6926.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 825000.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 51 x 131
  • Lot Size Sq Ft: 6708.0
  • Zoning Description: residential

Rental Info

  • Owner Pays: Electricity, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 6926.0
  • Tax Year: 2025

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Aug 15, 2025
Sold by
Bought by
Seller's Agent
Roger Ackerman
Keller Williams GR North
Buyer's Agent
Roger Ackerman
Keller Williams GR North
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%
Views
81
Current Estimated Value
$860,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,097
Avg. Annual Appreciation
9.57%
Original Mortgage
$788,500
Outstanding Balance
$781,537
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
$78,560

Purchase Details

Closed on
Feb 18, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 1995
Bought by

Purchase Details

Closed on
Jul 25, 1995
Bought by

Purchase Details

Closed on
Jul 21, 1995
Bought by

Purchase Details

Closed on
Jul 22, 1992
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 1992
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 1992
Sold by
Bought by

Purchase Details

Closed on
May 14, 1990
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 1990
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 1986
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Heritage Hill, MI

  • Cathy Nyboer Real Estate Agent - Five Star Real Estate (Grandv)

    Cathy Nyboer

    Five Star Real Estate (Grandv)

    (616) 816-1847

    99 Total Sales

    1 in Heritage Hill

    $575,000 Price

    Cathy Nyboer
     Section Image
  • Mark Brace Real Estate Agent - Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    Mark Brace

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (269) 430-2613

    795 Total Sales

    3 in Heritage Hill

    $500K - $555K Price Range

    Mark Brace
     Section Image
  • Jeremy Crump Real Estate Agent - Bellabay Realty (SW)

    Jeremy Crump

    Bellabay Realty (SW)

    (269) 430-2921

    163 Total Sales

    3 in Heritage Hill

    $165K - $457K Price Range

    Jeremy Crump
     Section Image
  • Connor Anderson Real Estate Agent - ReSIDE Grand Rapids

    Connor Anderson

    ReSIDE Grand Rapids

    (269) 430-2975

    144 Total Sales

    5 in Heritage Hill

    $211K - $410K Price Range

    Connor Anderson
     Section Image
  • Ingrid Nelson Real Estate Agent - Greenridge Realty (Cascade)

    Ingrid Nelson

    Responds Quickly

    Greenridge Realty (Cascade)

    (269) 397-3940

    92 Total Sales

    2 in Heritage Hill

    $385,000 Price Range

    Ingrid Nelson
     Section Image
  • Tanya Powell-May Real Estate Agent - Keller Williams GR North

    Tanya Powell-May

    Responds Quickly

    Keller Williams GR North

    (616) 202-5928

    308 Total Sales

    2 in Heritage Hill

    $250,000 Price Range

    Tanya Powell-May
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- --
$67,000 --
-- --
$140,000 --
-- --
$113,000 --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
$113,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $788,500
Previous Owner $166,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $785,000 -4.8% --
07/09/2025 07/09/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $825,000 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,357 $432,200 $0 $0
2024 $67 $393,900 $0 $0
2023 $6,610 $342,100 $0 $0
2022 $6,282 $335,700 $0 $0
2021 $15,511 $297,200 $0 $0
2020 $4,991 $265,200 $0 $0
2019 $5,149 $253,000 $0 $0
2018 $4,985 $238,100 $0 $0
2017 $4,860 $194,700 $0 $0
2016 $4,895 $170,700 $0 $0
2015 $4,626 $170,700 $0 $0
2013 -- $155,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Ackerman Real Estate Agent - Keller Williams GR North

    Seller's Agent in 2025

    Roger Ackerman

    Keller Williams GR North

    (810) 423-9296

    6 in this area

    117 Total Sales

    Roger Ackerman
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Map

Source: MichRIC

MLS Number: 25014090

MichRIC

APN: 41-14-30-451-006

Michigan Kent County Grand Rapids 49503 Heritage Hill

234 Madison Ave SE, Grand Rapids, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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