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Two-Unit Duplex
New
For Sale
$239,000

1515 Coit Avenue NE, Grand Rapids, MI 49505

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.10 Acres
Days on Market3

Property Features for 1515 Coit Avenue NE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RMNE2_RES MULTI
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Basement, Bathroom 1, Bathroom 2, Bedroom 1
Parking 4
Basement Full
Lot features Level, Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Directions Corner Coit and Matthews Ct
Standard status Active
APN 41-14-18-306-009
Lot size 0.10 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Description E 92 FT OF N 45 FT OF LOT 19* QUIMBY'S ADDITION* BEING A SUBDIVISION OF LOT 101 COIT & CURTIS PARTITION PLAT
Tax Annual Amount 3500
Legal Description E 92 FT OF N 45 FT OF LOT 19* QUIMBY'S ADDITION* BEING A SUBDIVISION OF LOT 101 COIT & CURTIS PARTITION PLAT

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Hot Water(Heating)

Building Details

Year built 1900
Number of units 2
Building materials Vinyl Siding, Wood Siding
Roof type Composition
Listing Agency: Moayyer Real Estate
Listed By: Anthony Moayyer · License #6501413583
Added: Nov 2 Last Checked: Nov 4 at 7:06AM
MLS# 26058120

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex was built in 1900 and sits on a 0.1-acre lot. The property includes a basement, two bedrooms, and two bathrooms, with vinyl and wood siding and a composition roof. Hot water heating serves the building.

The property is in Grand Rapids, with downtown, restaurants, shopping, nightlife, and entertainment described as a short drive away. Public sewer and cable availability are noted.

Key Highlights

  • Two units occupied by long‑term tenants
  • 0.1‑acre lot
  • Built in 1900

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

Demographics for 49505, MI

31,444
Population
14,197
Households
2.2
Avg Household Size
36
Median Age
40%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,573
Density / Sq Mi
$71,692
Median Household Income
$43,778
Median Earnings
$1,248
Median Rent
$227,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have long-term tenants in place.
Where is this duplex located?
The property is located at 1515 Coit Avenue NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Two units occupied by long‑term tenants; 0.1‑acre lot; Built in 1900
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