541 Coit Avenue NE, Grand Rapids, MI 49503

Grand Rapids
Local realty services provided by:ERA Prime Real Estate Group
541 Coit Avenue NE,Grandrapids, MI 49503
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: christopher j timmer
Office: keller williams harbortown
MLS#:65026040736
Source:MI_REALCOMP

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Price summary

  • Price:

About this home

Lender has confirmed the FHA mortgage is assumable with an approved buyer. The current loan is at 2.75% with a balance of $199,000 as of 8/6/26. All this makes this property an incredible investment or house-hacking opportunity in Grand Rapids, positioned just minutes from vibrant downtown and the Medical Mile. The vacant lower unit is completely refreshed and move-in ready, offering maximum flexibility for an owner-occupant or an investor aiming to set top market rent. Step inside to discover a spacious, beautifully updated layout featuring a stylish kitchen, a large living room designed for relaxation, two comfortable bedrooms, and a full bathroom. The upper unit is occupied, providing immediate rental income from day one to jumpstart your investment journey with three bedrooms and a full bath. Complete with a detached two-stall garage, this versatile property blends turn-key convenience, cash-flow potential, and a location close to city dining, shopping, and major healthcare hubs.

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Home facts

  • Year built:1875
  • Listing ID #:65026040736
  • Added:54 day(s) ago
  • Updated:September 29, 2026 at 12:24 PM

Rooms and interior

  • Basement Description:Full

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1875
  • Foundation Description:Michigan Basement

Utilities

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

Finances and disclosures

  • Price:
  • Tax amount:$5,954

Parking

  • Total parking spaces:26
  • Parking description:Garage, Gravel
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