531 Eastern Avenue NE City of Grand Rapids, MI $ 389,000
531 Eastern Avenue NE
$ 389,000
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531 Eastern Avenue NE

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

Monthly Estimate*

$ 2,395

531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 1
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 2
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531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 4
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531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 7
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 8
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 9
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 10
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 11
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 12
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 13
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 14
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 15
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 16
531 Eastern Avenue NE, City of Grand Rapids, MI 49503 - Image 17
Studio Multi-Family Home for sale in City of 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

MultiFamily

Lot Size

0.15

Year Built

1900

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026015476

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected PhoneAvailable
Possession CloseOfEscrow
Roof Composition
Construction Materials AluminumSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N 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 GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6492.46
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered 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
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Exterior
Parking Features Concrete Garage
Water Source Public
Total Parking 3.0
Lot Size Area 6621.0
Foundation Details MichiganBasement
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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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features InBathroom InUnit LowerLevel MainLevel UpperLevel WasherHookup
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Internal Only
Street Number 1 531
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* Excluded Features
List By
Sylvia Dana

Listing Agent

Epique Realty

Broker

(616) 570-8864

Phone

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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2026$389,000 Listed Price

Map


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531 Eastern Avenue NE, City of 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 City of Grand Rapids, MI