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Sold
    • $390,000

    531 Eastern Ave NE, Grand Rapids, MI 49503

    6beds
    2baths
    2,100sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $391,500 Zestimate®
    $186/sqft
    $1,443 Estimated rent

    Home value

    $391,500

    $372,000 - $411,000

    $1,443/mo

    Zestimate® history
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    $1,443/mo

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    $2,509/mo

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    What's special

    Updated sidingOff-street parkingReplacement windows
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sylvia Dana 616-570-8864,

    Epique Realty,

    Laura Baker 616-227-0790,

    Epique Realty

    Bought with:

    Clarence T Lucas, 6501451993

    Independence Realty (Main)

    Source: MichRIC,MLS#: 26015476MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Electric Dryer Hookup, In Bathroom, In Unit, Lower Level, Main Level, Upper Level, Washer Hookup
    Features
    • Basement: Michigan Basement
    Interior area
    • Total interior livable area: 2,100 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Driveway
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 50 x 132
    Details
    • Parcel number: 411419478014
    • Zoning description: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Aluminum Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Utilities for property: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $152,600
    • Annual tax amount: $6,492
    • Date on market: 4/15/2026
    • Listing terms: MSHDA,FHA,Cash,Conventional
    • Tenant pays: Electricity
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/27/2026Sold$390,000+0.3%$186/sqft
    Source: MichRIC #26015476 Report a problem
    4/17/2026Pending sale$389,000$185/sqft
    Source: MichRIC #26015476 Report a problem
    4/15/2026Listed for sale$389,000+11.1%$185/sqft
    Source: MichRIC #26015476 Report a problem
    12/3/2024Sold$350,000+0%$167/sqft
    Source: Public Record Report a problem
    10/21/2024Pending sale$349,900$167/sqft
    Source: MichRIC #24047854 Report a problem
    10/17/2024Price change$349,900-7.9%$167/sqft
    Source: MichRIC #24047854 Report a problem
    9/11/2024Listed for sale$379,900$181/sqft
    Source: MichRIC #24047854 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,418 $152,600 +5.2%
    2024-- $145,100 +32.3%
    2021$2,128 $109,700 +14.2%
    2020$2,128 +3.3%$96,100 +11%
    2019$2,059 $86,600 +6.8%
    2018-- $81,100 +13.1%
    2017$2,023 $71,700 +23%
    2016$2,023 $58,300
    2015$2,023 +6%$58,300 +32.5%
    2013$1,909 $44,000 -18.5%
    2011-- $54,000 -10.1%
    2010-- $60,100 -7%
    2009-- $64,600 -13.1%
    2007-- $74,300 +70.5%
    2006-- $43,574 +3.7%
    2005-- $42,020 +3.3%
    2004-- $40,678 +6.2%
    2002-- $38,296 +3.2%
    2001-- $37,109
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Coit Creative Arts Academy
    • Middle: Riverside Middle School
    • High: Innovation Central High School

    Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $391,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $391,500

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