Two-Building Apartment
For Sale
Under Contract
$1,095,000
522 Michigan Street NE, Grand Rapids, MI 49503
Multi Family, Grand Rapids, MI
Property SizeContact for details
Lot Size0.26 Acres
Days on Market18
Property Features for 522 Michigan Street NE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Family
Bedrooms
12
Full bathrooms
8
Rooms
Bedroom 5, Bathroom 5, Bathroom 6, Bedroom 10, Bathroom 4, Bathroom 7, Bedroom 12, Bathroom 2, Bedroom 9, Bathroom 8, Bathroom 3, Bedroom 8, Bedroom 1, Bedroom 2, Bedroom 11, Basement, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 1
Parking
12
Basement
Full
Lot features
Sidewalk
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Standard status
Active Under Contract
APN
41-14-30-202-008
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 898* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT AND LOT 892* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT
Tax Annual Amount
6795
Legal Description
LOT 898* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT AND LOT 892* STEINMANN S ASSESSOR S PLAT NO 34* OF LOTS 28 TO 32, 35 TO 42 ALL INCLUSIVE & PART OF LOTS 20, 21, 33 & 34 OF COIT & CURTIS PARTITION PLAT
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Radiant
Building Details
Year built
1890
Number of units
8
Building materials
Vinyl Siding, Wood Siding
Listing Agency:
Five Star Real Estate (Walker)
(616) 791-1010
Listed By:
Vito (Jr.) E Dolci · License #6502367278
(616) 791-1010
Added: Aug 13
Changed: Aug 28
Last Checked: Aug 30 at 2:06PM
MLS# 26042669
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.
Investment Insights
Based on property information with market context.
This apartment property comprises two well-maintained buildings with eight units in total. The larger building contains six apartments with a mix of two-bedroom, one-bedroom, studio, and loft-style layouts, along with on-site parking for 10 cars. The second building at 526 Michigan St. adds two three-bedroom units. Improvements include vinyl and wood siding, radiant heating, an on-demand water heater, updated PEX plumbing, and two electrical panels. The property was built in 1890 and includes a basement, public sewer, and cable availability.
The buildings are located one block from GVSU and three blocks from Corewell Health, with proximity to the Grand Rapids Medical Mile, highway access, and nearby everyday conveniences. The six-unit building has a 6-year City of Grand Rapids rental certification, while landlord-paid utilities apply across the property. Prior approval is required before visiting.
The buildings are located one block from GVSU and three blocks from Corewell Health, with proximity to the Grand Rapids Medical Mile, highway access, and nearby everyday conveniences. The six-unit building has a 6-year City of Grand Rapids rental certification, while landlord-paid utilities apply across the property. Prior approval is required before visiting.
Key Highlights
- Eight units across two apartment buildings
- Six‑unit building includes 10 on‑site parking spaces
- Unit mix includes 2BR, 1BR, studio/1BR loft, studio, and two 3BR units
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,580
Businesses Nearby
Explore this area
Business Placement
Demographics for 49503, MI
39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit multifamily property near GVSU, Corewell Health, and Grand Rapids’ Medical Mile.
Where is this apartment building located?
The property is located at 522 Michigan Street NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Eight units across two apartment buildings; Six‑unit building includes 10 on‑site parking spaces; Unit mix includes 2BR, 1BR, studio/1BR loft, studio, and two 3BR units
