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Back 538 Spencer St NE
Off Market

538 Spencer St NE

Grand Rapids MI 49505

0.11 ac.
Multi-Family
Last sold for $245,000
Chadwick JurgensChadwick Jurgens, last sold this property on 27 May 2026 after 83 days on market.

Overview

Excellent investment opportunity in the highly desirable and rapidly growing Creston neighborhood. Conveniently situated near parks, restaurants, bars, schools, shopping, and offering a quick commute to downtown Grand Rapids, this property checks all the boxes for location and long-term potential. Ideal as a buy-and-hold investment or for an owner-occupant looking to house hack, this property offers flexibility to fit a variety of strategies. Professionally managed and well-maintained, the current management company is willing to continue services, providing a smooth and seamless transition for the next owner if desired.

Features

0.11 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Grand Rapids over the last 12 months, the estimated median property value of 538 Spencer St NE is $305k.

Median value
$305k
Estimated value range
$75k - $2.92m
Median days on market
6
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Grand Rapids. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 538 Spencer St NE

2026
Sold
$245,000
27 May 2026 by Chadwick Jurgens, of Apex Realty Group
2017
Sold
$121,500
13 Oct 2017 by Kevin Yoder, of Yoder Real Estate

Happy sellers in Grand Rapids

90%
90% of sellers in Grand Rapids reported that their sale price either exceeded or met their price expectations.

Grand Rapids stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Grand Rapids over the last 12 months.

Local market activity for multi families in Grand Rapids

In the last 12 months, 17 multi families similar to 538 Spencer St NE, have been sold.

This represents a 10% increase in multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Grand Rapids

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Brenna Argue

Brenna Argue is a recommended agent for Grand Rapids.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   5   (10 reviews)
  •  4 Reviews in Grand Rapids
  •  3 Sales in Grand Rapids
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Jason M Decker

Sellers who recommend Jason M Decker have praised them for being local expert, responsive, friendly, and dedicated

  •   5   (26 reviews)
  •  2 Reviews in Grand Rapids
  •  4 Sales in Grand Rapids
View profile
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Faune Benson

Faune Benson is a recommended agent for Grand Rapids.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (8 reviews)
  •  1 Review in Grand Rapids
  •  3 Sales in Grand Rapids
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Janet Romanowski

Janet Romanowski is a recommended agent for Grand Rapids.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (112 reviews)
  •  1 Review in Grand Rapids
  •  1 Sale in Grand Rapids
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