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$400,000

1523 Broadway Ave NW Grand Rapids, MI 49504

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

IDXDisclaimer: 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.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

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: 7/16/2025, 2:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 29, 2014
Home Sold
$105,000
Dec 12, 2008
Home Sold
$17,231
Feb 22, 2006
Home Sold
$115,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,488. Residents of Grand Rapids, MI typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic 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.

Grand Rapids, MI housing market in June 2025 saw over 144 listings sold above listed price, more than 48 sold at listed price and over 68 sold below. In June 2025 in Grand Rapids, MI there were 10.6% more homes for sale than in May. While the average time on the market in June 2025 was 16 days, the median list price was $310,836.

From Rocket Homes Real Estate and based on county public records data.

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