522 Michigan Street NE City of Grand Rapids, MI $ 1,095,000
522 Michigan Street NE
$ 1,095,000
Share Save

522 Michigan Street NE

City of Grand Rapids, MI, 49503
$ 1,095,000
Bedrooms12 Baths0.0 Sq 5,432

Monthly Estimate*

$ 6,914

522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 1
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 2
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 3
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 4
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 5
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 6
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 7
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 8
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 9
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 10
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 11
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 12
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 13
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 14
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 15
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 16
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 17
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 18
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 19
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 20
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 21
522 Michigan Street NE, City of Grand Rapids, MI 49503 - Image 22
Multi-Family Home for sale in City of Grand Rapids, MI for $1,095,000 with 12 bedrooms. This 5,432 square foot home was built in 1890 on a lot size of 0.26.

DO NOT WALK PROPERTY WITHOUT PRIOR APPROVAL. 8 Unit Income-producing Grand Rapids investment opportunity featuring TWO well-maintained multi-unit buildings in a prime location. Just 1 block from GVSU, 3 blocks from Corewell Health, near the Grand Rapids Medical Mile, with easy highway access and walking distance to countless conveniences. Together, the properties currently generate $8,950/month with additional rent growth potential. The 6-unit building offers on-site parking for 10 cars, an on-demand water heater and a 6-year City of Grand Rapids rental certification. Landlord pays all utilities. Long-term tenants reflect an owner who values and cares for residents. Units include 2BR, 1BR, studio/1BR loft, studio, 1BR and 1BR. The second building at 526 Michigan St. features two 3BR units, updated PEX plumbing and two electrical panels. One tenant has been in place for over 30 years. Excellent opportunity for established cash flow and upside potential.

See more

Multi-Family Contingent

Price

$ 1,095,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 6,795

Style

MultiFamily

Lot Size

0.26

Year Built

1890

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026042669

Features
General
Sewer PublicSewer SewerAtStreet StormDrain
Heating NaturalGas Radiant
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneAvailable PhoneConnected SewerConnected
Possession CloseOfEscrow
Construction Materials VinylSiding WoodSiding
Year Built 1890
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Contingency CallListingOffice
Garage Y/N N
Status Active Contingent
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Other
Number Of Units Total 8
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6795.0
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
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Tax Assessed Value 134965
Legal Description LOT 898* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20 21 33 & 34 OF COIT & CURTIS PARTITION PLAT AND LOT 892* STEINMANN S ASSESSOR S PLAT NO 34* OF
See more
Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
See more
Exterior
Water Source Public
Total Parking 12.0
Lot Size Area 7797.0
Number of Buildings 2
Spa N
Building Area Total 5432.0
Lot Dimensions 75 x 185
Lot Size Acres 0.26
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 522
See more
* Excluded Features
List By
Vito (Jr.) E Dolci

Listing Agent

Five Star Real Estate (Walker)

Broker

(616) 791-1010

Phone

Affordability Calculator

$7,480
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,914
Monthly Property Taxes
$566
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4909624 Elementary School
4909684 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2026$1,095,000 Listed Price

Map


See all

522 Michigan Street NE, City of Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $1,095,000 with 5,432 sqft and a lot size of 0.26. 522 Michigan Street NE has 12 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 49503 which is in City of Grand Rapids, MI