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531 Eastern NE Avenue Grand Rapids, MI 49503
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Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 26015476
Sold Date 05/27/26
Year Built 1900
Annual Tax Amount $6,492
Tax Year 2025
Lot Size 6,621 Sqft
Acres 0.15
Lot Dimensions 50 x 132
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Solid duplex in NE downtown Grand Rapids -- ideal for investors or owner-occupants.
The lower unit is vacant with 3 bedrooms, 1 bath, dining room, and living room -- perfect to move in or set your own rent. The upper unit, also 3 bed/1 bath, is currently rented, providing immediate income. It features a spacious kitchen with eating area and a separate living room. Well maintained with updated siding, replacement windows, and new flooring in both units. Off-street parking, a 2-stall garage, and additional patio/parking space add convenience. Located near GRCC, the Medical Mile, Aquinas College, and the Fulton Street Farmers Market, with easy access to local shops, restaurants, and transit. Live in one, rent the other -- or add a strong duplex to your portfolio.
Location
State MI
County Kent
Direction From I-196, take the College Ave exit and head north on College Ave NE. Continue north for approximately 1 mile, then turn right (east) onto Eastern Ave NE. The property will be on your right.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Cooling Central Air
Laundry Electric Dryer Hookup, In Bathroom, In Unit, Lower Level, Main Level, Upper Level, Washer Hookup
Exterior
Parking Features Concrete, Driveway
Utilities Available Phone Available, Cable Available, Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 3
Building
Structure Type Aluminum Siding
New Construction No
Schools
Elementary Schools Coit Creative Arts Academy
Middle Schools Riverside Middle School
High Schools Innovation Central High School
School District Grand Rapids
Others
Tax ID 41-14-19-478-014
Acceptable Financing MSHDA, FHA, Cash, Conventional
Listing Terms MSHDA, FHA, Cash, Conventional
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Bought with Independence Realty (Main)
NEARBY SCHOOLS & BUSINESSES
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