522 Michigan Street NE, Grand Rapids, MI 49503

Grand Rapids
Local realty services provided by:ERA Prime Real Estate Group
522 Michigan Street NE,Grandrapids, MI 49503
$1,095,000
  • - Beds
  • - Baths
  • 5,432 sq. ft.
  • Multi-family
  • Active
Listed by: vito (jr.) e dolci
Office: five star real estate (walker)
MLS#:65026042669
Source:MI_REALCOMP

Price summary

  • Price:$1,095,000
  • Price per sq. ft.:$201.58

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 #:65026042669
  • Added:1 day(s) ago
  • Updated:August 14, 2026 at 06:03 AM

Rooms and interior

  • Basement Description:Full
  • Living area:5,432 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiant

Structure and exterior

  • Year built:1890
  • Building area:5,432 sq. ft.
  • Lot area:0.26 Acres
  • Construction Materials:Vinyl Siding, Wood Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer at Street, Storm Drain

Finances and disclosures

  • Price:$1,095,000
  • Price per sq. ft.:$201.58
  • Tax amount:$6,795

Parking

  • Total parking spaces:12
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