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About This Home
This 6-bedroom, 0-bathroom residential multi family at 531 Eastern Avenue NE in Grand Rapids, MI is listed for $389,000. Built in 1900, on a 0.15 acres lot.
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.
Key Features
- Built in 1900
- 0.15 acre lot
- 3 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,080/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
531 Eastern Avenue NE
Grand Rapids, MI 49503
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 6-bedroom, 0-bathroom residential multi family at 531 Eastern Avenue NE is listed at $389,000. The estimated monthly payment is $1,686 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.15 acre lot, 3 parking spaces.
This property is listed by Sylvia Dana and can be reached at 6165708864 or hello@sylviadana.com.
