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$355,000 -$15,000 (-4.05%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 2 Total Baths
  • Updated 5 hours ago
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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.

Full Property Details for 541 Coit Ave NE

General

  • Price: $355,000
  • Taxes: $5,954
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26040736
  • Updated: 8/20/2026
  • Added to Site: 15 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Parking

  • Total Spaces: 26
  • Parking Features: Driveway, Gravel

Location

  • County: Kent
  • Cross Streets: Trowbridge & Hastings
  • Driving Directions: From Michigan, North to address

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Structural Information

  • # Buildings: 1
  • Construction: Other
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1875

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,879
  • Lot Dimensions: 38 x 128
  • Frontage: Paved
  • Zoning: Res-Improved

Financial Considerations

  • Tax Amount: $5,954
  • Terms: VA Loan, FHA, Cash, Assumable, Conventional
  • Landlord Pays: None
  • Tenant Pays: Electricity, Water, Trash, Sewer, Gas

Disclosures and Reports

  • Legal Description: S 38 FT OF E 128 FT OF LOT 3 BLK 4* DEXTER FRACTION
  • Property ID: 41-14-19-355-005

Listed by Keller Williams Harbortown, Christopher J Timmer

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Listing agent

— 541 Coit Ave NE —

  • Christopher J Timmer

    Keller Williams Harbortown

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 541 Coit Ave NE

School District:Grand Rapids Public Schools
NameGradesDistance
Coit Creative Arts Academy
617 Coit Avenue Northeast, Grand Rapids, MI 49503
K-50.1 mi
Center For Economicology
1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505
6-1.4 mi
John Ball Park Zoo School
1300 Fulton Street West, Grand Rapids, MI 49504
6-1.9 mi
City High Middle School
1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505
7-121.4 mi
Grand Rapids University Preparatory Academy
512 Division Avenue South, Grand Rapids, MI 49503
6-121.4 mi
Riverside Middle School, Grand Rapids, MI
265 Eleanor Street Northeast, Grand Rapids, MI 49505
6-82.1 mi
Innovation Central High School
421 Fountain Street Northeast, Grand Rapids, MI 49503
9-120.6 mi
Union High School, Grand Rapids, MI
1800 Tremont Boulevard Northwest, Grand Rapids, MI 49504
9-122.4 mi
Blandford Nature Center
3143 Milo Street Northwest, Grand Rapids, MI 49534
6-4.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 541 Coit Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/20/2026
Price Reduced
$355,000
-4.05%
MLS
8/05/2026
Listed
$370,000
57.51%
MLS
8/21/2020
Sold
$234,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 541 Coit Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,727
35%
$134,100
11%
2021
$4,232
—
$120,800
10%
2021
$4,232
87%
$109,500
12%
2019
$2,267
—
$98,200
13%
2019
$2,267
5%
$87,100
27%
2016
$2,154
—
$68,400
12%
2017
$2,144
7%
$61,000
1%
2014
$2,008
-2%
$60,400
18%
2015
$2,053
2%
$51,300
18%
2014
$2,008
-11%
$43,300
-45%
2019
$2,267
2%
$78,600
102%
2012
$2,218
—
$38,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Harbortown, Christopher J Timmer

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541 Coit Avenue NE, Grand Rapids, MI 49503 (MLS# 26040736) is a Single Family property with 0 bedrooms and 0 full bathrooms. 541 Coit Avenue NE is currently listed for $355,000 and was received on August 05, 2026. Want to learn more about 541 Coit Avenue NE? Do you have questions about finding other Single Family real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

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