Property Type:
Multi Family
Lot Size (sq. ft.):
7,797
Status:
Active
Current Price:
$1,095,000
List Date:
8/14/2026
Last Modified:
8/14/2026
522 Michigan Street NE, Grand Rapids, MI 49503
New Listing
$1,095,000
Overview
Description
Listing Details MLS# 26042669
Location Property Info
- County
- Kent
- Street #
- 522
- Street Name
- Michigan
- Suffix
- Street
- Post Direction
- NE
- State
- MI
- Zip Code
- 49503
- Zip (4)
- 5705
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 7797
- Lot Acres
- 0.26
- Lot Dimensions
- 75 x 185
- Year Built
- 1890
- New Construction
- No
- Financial Available
- No
- Cert of Compliance
- No
- Cert. of Compliance Exp Date
- 2032-02-11
- Road Frontage
- 75
- Total # Units
- 8
- # of Diff Unit Floor Plans
- 8
- Total # Bldgs
- 2
- Total Approx. SqFt All Bldgs
- 5432
- Total Parking Spaces
- 12
- Waterfront
- No
- School District
- Grand Rapids
- Association YN
- No
- Basement
- Yes
Tax Info
- Tax ID #
- 41-14-30-202-008
- Taxable Value
- 134965
- SEV
- 529900
- For Tax Year
- 2026
- Seller's Annual Property Tax
- 6795
- Tax Year
- 2025
- Spec Assessment & Ty
- None Known
- Zoning
- Multi-Family
- Homestead %
- 0
Waterfront Options
- Water Access Y/N
- No
Access Feat
- Accessibility Features
- No
More Information
Unit 1
- Unit #
- Yes
- Unit Description
- 2 Bedroom
- Occupied
- Yes
- Monthly Rent
- 1075
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 2
- Unit #
- 2
- Unit Description
- 1 Bedroom
- Occupied
- Yes
- Monthly Rent
- 925
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit #
- 3
- Unit Description
- Studio/1 Bedroom
- Occupied
- Yes
- Monthly Rent
- 885
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 4
- Unit #
- 4
- Unit Description
- Studio
- Occupied
- Yes
- Monthly Rent
- 1070
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 5
- Unit #
- 5
- Unit Description
- 1 Bedroom
- Occupied
- No
- Monthly Rent
- 1095
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 6
- Unit #
- 6
- Unit Description
- 1 Bedroom
- Occupied
- Yes
- Monthly Rent
- 1090
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 7
- Unit #
- 526
- Unit Description
- 3 Bedroom
- SqFt
- 1125
- Occupied
- Yes
- Bathrooms
- Yes
- Full Baths
- Yes
- Monthly Rent
- 1200
Unit 8
- Unit #
- 528
- Unit Description
- 3 Bedroom
- SqFt
- 1125
- Occupied
- Yes
- Monthly Rent
- 1610
- Bathrooms
- Yes
- Full Baths
- Yes
Location & Property Info
- Cross Streets
- Michigan & College NE
- Property Sub-Type
- 5+ Units
- Municipality
- City of Grand Rapids
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 201.58
Remarks & Misc
- Public Remarks
- 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.
- Legal
- 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 LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT
Lot Description
- Sidewalk
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
- Storm Sewer
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Other
- Yes
Exterior Material
- Vinyl Siding
- Yes
- Wood Siding
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Radiant
- Yes
Air Conditioning
- None
- Yes
Tenant Pays
- None
- Yes
Substructure
- Full
- Yes
Owner Pays
- Electricity
- Yes
- Gas
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Exterior Material:
Vinyl Siding; Wood Siding
Substructure:
Full
Lot Description:
Sidewalk
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street:
Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Owner Pays:
Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays:
None
Heat Source:
Natural Gas
Heat Type:
Radiant
Air Conditioning:
None
Street Type:
Paved; Public
Terms Available:
Cash; Other
Possession:
Close Of Escrow
Sale Conditions:
None
Listing Office:
Five Star Real Estate (Walker)
Listing Agent:
Vito (Jr.) E Dolci
Last Updated: August - 14 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
