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531 Eastern Avenue Grand Rapids, MI 49503-1808
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Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70525176
Sold Date 05/27/26
Year Built 1900
Annual Tax Amount $6,492
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50 x 132
Property Sub-Type Multi-Family
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
Area Grand Rapids (41032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Aluminum
Parking Features Additional Garage(s)
Building
Foundation Basement
Structure Type Aluminum
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,FHA
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Bought with Independence Realty (Main)
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