531 Eastern Avenue NE, Grand Rapids, MI 49503

New Listing
$389,000
Property Type: Multi Family Lot Size (sq. ft.): 6,621 Status: Active
Current Price: $389,000 List Date: 4/15/2026 Last Modified: 4/16/2026

Overview

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.

Listing Details MLS# 26015476

Location Property Info

County
Kent
Street #
531
Street Name
Eastern
Suffix
Avenue
Post Direction
NE
State
MI
Zip Code
49503
Zip (4)
1808

General Property Info

Lot Measurement
Acres
Lot Square Footage
6621
Lot Acres
0.15
Lot Dimensions
50 x 132
Year Built
1900
New Construction
No
Cert of Compliance
Yes
Cert. of Compliance Exp Date
2028-12-11
Road Frontage
50
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
2
Total Parking Spaces
3
Waterfront
No
School District
Grand Rapids
Elementary School
Coit Creative Arts Academy
Middle School
Riverside Middle School
High School
Innovation Central High School
Association YN
No
Basement
Yes

Tax Info

Tax ID #
41-14-19-478-014
Taxable Value
152600
SEV
152600
For Tax Year
2025
Seller's Annual Property Tax
6492.46
Tax Year
2025
Homestead %
50
Spec Assessment & Ty
no
Zoning
RES

Remarks Misc

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.

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Unit 1

Unit Description
Lower 3 beds, 1 bath
SqFt
1100
Occupied
No
Bathrooms
Yes
Full Baths
Yes
Monthly Rent
0
Central Air
Yes
Deck/Patio
Yes
Range Oven
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Unit 2

Unit Description
Upper 3 beds, 1 bath
SqFt
1000
Occupied
Yes
Monthly Rent
1850
Bathrooms
Yes
Full Baths
Yes
Deck/Patio
Yes
Range/Oven
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Location & Property Info

Cross Streets
Michigan & Eastern
Property Sub-Type
2 to 4 Units
Municipality
Grand Rapids Twp
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

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, 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.
Legal
LOT 105* BISSELL & HARLAN S ADDITION

Street Type

Paved
Yes

Util Avail at Street

Cable Available
Yes
High Speed Internet
Yes
Phone Available
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes
FHA
Yes
MSHDA
Yes
Other
Yes

Mineral Rights

Unknown
Yes

Laundry Features

Electric Dryer Hookup
Yes
In Bathroom
Yes
In Unit
Yes
Lower Level
Yes
Main Level
Yes
Upper Level
Yes
Washer Hookup
Yes

Exterior Material

Aluminum Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Tenant Pays

Electric
Yes
Trash
Yes

Driveway

Concrete
Yes

Substructure

Michigan Basement
Yes

Extras

Garages
Yes

Owner Pays

Gas
Yes
Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: Electric Dryer Hookup; In Bathroom; In Unit; Lower Level; Main Level; Upper Level; Washer Hookup Exterior Material: Aluminum Siding Roofing: Composition Substructure: Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; High Speed Internet; Phone Available Extras: Garages Owner Pays: Gas; Sewer; Water Tenant Pays: Electric; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Concrete Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; MSHDA; Other Possession: Close Of Escrow Sale Conditions: None Unit 1: Central Air; Deck/Patio; Range Oven; Refrigerator; Washer/Dryer Unit 2: Deck/Patio; Range/Oven; Refrigerator; Washer/Dryer
Listing Office: Epique Realty
Listing Agent: Sylvia Dana
IDX
Source MLS Verified
Last Updated: April - 16 - 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.