$4,501 Closing Credit¹
#65025019915, John J Postma, Listing office: RE/MAX of Grand Rapids (FH)
$400,000 List price
1523 Broadway Ave NW Grand Rapids, MI 49504
$4,750
Closing credit¹
0.09 acres
Multi-Family
Property details
About 1523 Broadway Ave NW
Cash flow or owner occupant ready 4-unit multi-family in a growing NW neighborhood near Richmond and freeway access. Includes two 1-bedroom and two 2-bedroom units.Three units are currently rented, bringing in $2,540/month, with one unit still available to lease or for a buyer to move in! A solid investment opportunity that you won't want to miss!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.09 Acres
Year built1879
ParkingUnpaved
MLS #65025030463
Summary
- Basement: Yes
- Parking: Unpaved
- Heating: Forced Air, Natural Gas
- List Price: $400,000
- Annual Tax Amount: $2,150
- Tax Year: 2024
- Lot: Level
- Directions: Richmond East to Broadway, South to home
- Year Built: 1879
- Lot Size: 0.09 Acres
- MLS Number: 65025030463
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: MOXIE Real Estate + Development
- Office Phone: (616) 890-7794
- Listing Agent: Connor Anderson
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 5:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$400,000
1523 Broadway Ave NW
$4,750
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 29, 2014 | Home Sold | $105,000 |
| Dec 12, 2008 | Home Sold | $17,231 |
| Feb 22, 2006 | Home Sold | $115,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $120,400 | $2,150 |
| 2023 | $104,600 | $2,150 |
| 2022 | $97,900 | $2,150 |
| 2021 | $73,800 | $2,128 |
| 2020 | $71,600 | $2,128 |
| 2019 | $57,500 | $2,012 |
| 2018 | $46,700 | $2,022 |
| 2017 | $45,400 | $1,927 |
History based on county public records data.
Nearby schools
6
Palmer School
Public District PK-5
0.9 mi
•309 Palmer St NE
4
Stocking Elementary School
Public District PK-5
1.0 mi
•863 7th St NW
2
East Leonard Elementary School
Public District PK-5
1.1 mi
•410 Barnett St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,488. The majority of Grand Rapids, MI residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
53%
<35k
44%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
48%
Single, No Kids
29%
Single, with Kids
9%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
10%
12-17 yrs old
30%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1523 Broadway Ave NW
The listing price of 1523 Broadway Ave NW property is $400,000.
The property 1523 Broadway Ave NW is a multi located in Grand Rapids, Michigan, 49504.
Active Listing: 1523 Broadway Ave NW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1523 Broadway Ave NW are: Palmer School (GreatSchools Rating 6/10), Stocking Elementary School (GreatSchools Rating 4/10), East Leonard Elementary School (GreatSchools Rating 2/10), Harrison Park Academy (GreatSchools Rating 2/10), Center for Economicology (GreatSchools Rating 8/10), Riverside Middle School (GreatSchools Rating 4/10), Nextech High School (GreatSchools Rating 2/10), City Middlehigh (GreatSchools Rating 9/10), Bethany Based School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $2,150 (source: MLS/based on county public records data).
The last sale was on April 29, 2014 for $105,000 (source: MLS/tax record).
The year of construction for 1523 Broadway Ave NW is 1879.
This home is located at 1523 Broadway Ave NW in Grand Rapids, MI and zip code 49504 in the West Grand neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $400,000.
Over 156 listings were sold over their listed price in May 2025 in Grand Rapids, MI. In the same period over 84 listings were sold below the listed price and 64 listings were sold for the listed price. In May 2025 in Grand Rapids, MI there were 14.3% more homes for sale than in April. Listings spent 18 days on the market in May 2025, and had a median list price of $311,100 during the same period.
From Rocket Homes Real Estate and based on county public records data.