541 Coit Avenue Ne, Grand Rapids, MI 49503
Local realty services provided by:CENTURY 21 C. Howard
541 Coit Avenue Ne,Grand Rapids, MI 49503
$322,500
- - Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: christopher j timmer
Office: keller williams harbortown
MLS#:26040736
Source:MI_MICHRIC
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Price summary
- Price:$322,500
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 #:26040736
- Added:85 day(s) ago
- Updated:October 30, 2026 at 07:45 AM
Rooms and interior
- Total bathrooms:2
- Basement:Yes
- Basement Description:Michigan Basement
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1875
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$322,500
- Tax amount:$5,954 (2026)
Parking
- Total parking spaces:26
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