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531 Eastern Avenue NE Grand Rapids, MI $ 389,000
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$ 389,000 Get more info
531 Eastern Avenue NE
$ 389,000
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531 Eastern Avenue NE

Grand Rapids, MI, 49503
$ 389,000
Baths0.0

Monthly Estimate*

$ 2,395

531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 1
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 2
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 3
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 4
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 5
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 6
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 7
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 8
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 9
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 10
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 11
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 12
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 13
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 14
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531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 16
531 Eastern Avenue NE, Grand Rapids, MI 49503 - Image 17
Studio

Multi-Family Home for sale in Grand Rapids, MI

for $389,000. This home was built in 1900 on a lot size of 0.15.

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.

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Multi-Family Pending

Price

$ 389,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,492

Style

2 to 4 Units

Lot Size

0.15

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26015476
Features
General
Heating Forced Air
Cooling Central Air
Utilities Phone Available Cable Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Aluminum Siding
Year Built 1900
Tenant Pays Electric Trash
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Pending
Directions 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.
City Grand Rapids
High School District Grand Rapids
Zoning Description RES
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 6621.0
Listing Terms MSHDA FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 6492.46
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 152600
Legal Description LOT 105* BISSELL & HARLAN S ADDITION
Senior Community None
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Interior
Basement Michigan Basement
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Electric Dryer Hookup In Bathroom In Unit Lower Level Main Level Upper Level Washer Hookup
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Total Parking 3.0
Lot Size Area 0.15
Number of Buildings 2
Spa N
Lot Dimensions 50 x 132
Lot Size Acres 0.15
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 531
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* Excluded Features
List By
Epique Realty

Broker

hello@sylviadana.com

Email

Affordability Calculator

$2,936
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,395
Monthly Property Taxes
$541
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5438302 Elementary School
5425544 Middle School
Innovation Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2026$389,000 Listed Price

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531 Eastern Avenue NE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $389,000 with a lot size of 0.15. 531 Eastern Avenue NE is a studio with 0.0 baths and was built in 1900. The property's zip code is 49503 which is in Grand Rapids, MI

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