522 Michigan Street Ne, Grand Rapids, MI 49503

Grand Rapids
Local realty services provided by:Better Homes and Gardens Real Estate Connections
522 Michigan Street Ne,Grand Rapids, MI 49503
$1,095,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: vito (jr.) e dolci
Office: five star real estate (walker)
MLS#:26042669
Source:MI_MICHRIC

Price summary

  • Price:$1,095,000

About this home

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.

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Home facts

  • Year built:1890
  • Listing ID #:26042669
  • Added:45 day(s) ago
  • Updated:September 28, 2026 at 08:36 AM

Rooms and interior

  • Basement:Yes

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Year built:1890
  • Lot area:0.26 Acres
  • Construction Materials:Vinyl Siding, Wood Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,095,000
  • Tax amount:$6,795 (2026)

Parking

  • Total parking spaces:12

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