20 & 22 Crescent St NE, Grand Rapids, MI, 49503
About This Home
DOWNTOWN GRAND RAPIDS INVESTMENT OPPORTUNITY! Prime mixed-use building with the opportunity for redevelopment in a highly sought-after downtown location. This four-story property includes five fully equipped residential units and a flexible main-floor office space with kitchen, full bath, and washer/dryer hookup. Located near hospitals, research facilities, and the medical mile, this property's position supports both residential and commercial growth strategies. Reach out for additional details and to schedule a private showing.
Getting Around
Walker's Paradise
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: 5+ Units
Interior
Appliances
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 3,950 sqft
Property
Details
- Parcel number: 411430106001
- Zoning description: C-3a City Cente
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: IRR
Parking
- Total spaces: 4
- Parking features: Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Tornado
- Strong Wind
- Winter Weather
- Cold Wave
- Hail
- Heat Wave
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Kent County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,826 | $81,912 |
| Home Insurance * | $582 | $6,984 |
| Property Taxes | $1,181 | $14,172 |
| Electricity | $430 | $5,170 |
| Total | $9,019 | $108,228 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Listed for sale | $1,500,000 |
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