NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
3,340 Sq Ft Lot

Sale Details

Date Sold: April 30, 2026

Last sale price $50,000

35 Days on Market

About This Home

As of April 2026

518 & 520 Broadway Avenue...Seller says to get it sold! Huge price reduction. Don't miss this rare opportunity to add a high-performing asset to your rental portfolio. Finding a true two-unit property in this price range is becoming increasingly difficult. Unlike many conversions, it appears this property was originally designed as a duplex, offering a superior layout and functional flow that tenants love. It offers separate electrical services and a clean, dry basement. Both units feature large living and dining rooms, providing a ''house-like'' feel. There are two points of ingress/egress for each unit and ample off-street parking.
This property boasts a strong cash flow and a design that makes management easy. Act fast because opportunities at this price point don't last.

Last Agent to Sell the Property

Brian Brant

Sunrise Real Estate, Inc. License #6506045279 Listed on: 02/25/2026

Last Buyer's Agent

Mary Kay Sverid

Coldwell Banker Realty License #6506044942

Coldwell Banker Realty
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $697

Year Built

  • Built in 1930

Lot Details

  • 3,340 Sq Ft Lot
  • Lot Dimensions are 40 x 82

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding
  • Shingle Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, sewer, trash collection, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$697

Year Built

Built in 1930

Lot Details

3,340 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • General Property Info:Basement: Yes
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: Public Sewer, Public Water
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDA1MzEzIiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTMwVDE1OjE3OjA5LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE0NjI5IiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.M88Sn5tnsomZZBL3-W8gTvaXRnYvOZ9kBJiYx9BEBuo/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Shingle Siding, Wood Siding, Other
  • List Price: 59900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.0767
  • Lot Size Area: 0.08
  • Lot Dimensions: 40 x 82
  • Lot Size Sq Ft: 3340.0

Rental Info

  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 697.0
  • Tax Year: 2025

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2026
Closed on
Apr 30, 2026
Sold by
Bought by
Seller's Agent
Brian Brant
Sunrise Real Estate, Inc.
Buyer's Agent
Mary Kay Sverid
Coldwell Banker Realty
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
695.90%

Purchase Details

Listed on
Feb 25, 2026
Closed on
Apr 14, 2026
Sold by
Bought by
Seller's Agent
Brian Brant
Sunrise Real Estate, Inc.
Buyer's Agent
Mary Kay Sverid
Coldwell Banker Realty
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Views
46

Purchase Details

Closed on
Nov 5, 1990
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$50,000 None Listed On Document
-- None Listed On Document
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2026 04/30/26 Sold $50,000 -16.5% --
03/30/2026 03/30/26 Price Changed $59,900 -14.3% --
02/13/2026 02/13/26 For Sale $69,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $659 $46,500 $0 $0
2025 $667 $46,000 $0 $0
2024 $616 $36,300 $0 $0
2023 $493 $26,300 $0 $0
2022 $559 $19,300 $0 $0
2021 $604 $18,500 $400 $18,100
2020 $556 $18,500 $0 $0
2019 $546 $15,900 $0 $0
2018 $532 $16,100 $0 $0
2017 $522 $12,100 $0 $0
2016 $513 $12,200 $0 $0
2015 $512 $11,700 $0 $0
2014 $485 $14,200 $0 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 26005313

MichRIC

APN: 11-52-0821-0046-00-7

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