531 Eastern Avenue Grand Rapids, MI ^$ 389,000

531 Eastern Avenue

^$ 389,000

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Recently Listed

531 Eastern Avenue

Grand Rapids, MI, 49503

^$ 389,000

Studio Baths0.0

Monthly Estimate*

^$ 2,395

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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.

Multi-Family Active

Price

^$ 389,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,492

Style

Lot Size

0.15

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70525176

Features

General

Heating Forced Air

Garage Additional Garage(s)

Status Active Active

Year Built 1900

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids Twp

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Grand Rapids Twp (41011)

Primary City Grand Rapids

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

School District Grand Rapids City School Distric

Financial Terms Cash Conventional FHA

Legal Description LOT 105* BISSELL & HARLAN S ADDITION

DOM 1

Postal Code 49503

Public Remarks 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

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Aluminum

Frontage 50

Lot Size Area 0.15

Lot Dimensions 50 x 132

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Sylvia Dana

Listing Agent

Epique Realty

Broker

hello@sylviadana.com

Affordability Calculator

$2,936

Per Month

Monthly Principal & Interest: $2,395
Monthly Property Taxes: $541
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$395,181

Percent of Sale Price 2%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2026	$389,000		Listed Price

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531 Eastern Avenue, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $389,000 with a lot size of 0.15. 531 Eastern Avenue 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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531 Eastern Avenue

Multi-Family Home for sale in Grand Rapids, MI

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