Listing provided courtesy of Berkshire Hathaway HomeServices Michigan Real Estate (Rock)- MLS# 26015301MLS Provider

5459 Coan Street NESand Lake, MI 49343

Multi-Family · 1.67 Acres
$319,900 Active

5459 Coan Street NE Overview

Time on Site:
76 days
Visits:
0

Rare Multi-Unit Investment Opportunity on 1.67 Acres Discover versatile income potential with this unique multi-dwelling property perfectly situated between Cedar Springs and Sand Lake. The main residence is an updated duplex featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Major updates provide peace of mind, including a new roof (2023) and two new gas water heaters (2023). The property also includes a 2-bedroom, 1-bath mobile home with its own septic system; while it requires new flooring and minor updates, it offers immediate value-add potential. Storage and additional revenue streams abound with a massive 40x60 pole barn (new roof 2025) and a 2-story garage with a hip roof. Units feature separate utilities (shared septic for the main house). Whether you are looking to expand your portfolio or live in one unit while offsetting your mortgage, this expansive property offers the infrastructure and acreage to succeed.

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5459 Coan Street NE Facts & Features

  • Type Multi-Family
  • Lot 1.67 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1940

Location/Region

  • County Or Parish: Kent

Rent/Lease Information

  • Tenant Pays: Electric,Trash,Gas

Tax Information

  • Tax Annual Amount: 2110.0

General Information

  • Parcel Number: 410318200014
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

    Exterior

    Parking Information

    • Parking Features: Unpaved

    Lot Information

    • Lot Features: Level,Corner Lot
    • Lot Size Acres: 1.67
    • Lot Size Area: 1.67
    • Lot Size Dimensions: Irr
    • Lot Size Square Feet: 72745.0
    • Lot Size Units: Acres
    • Road Surface Type: Paved
    • Water Source: Well

    Waterfront/View

    • Waterfront: No

    Building Exterior/Construction

    • Attached Garage: No
    • Construction Materials: Vinyl Siding
    • Roof: Composition

    General Information

    • Number Of Units Total: 3
    • Sewer: Septic Tank
    • Utilities: Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected

    5459 Coan Street NE Neighborhood

    Community

    49343 (Sand Lake) Demographics

    40
    Median Age
    102
    Population Density (per sq. mile)
    32%
    College Educated
    $64,654
    Estimated Median Income
    1,813
    Estimated Total Home Owners
    326
    Estimated Total Renters
    85% / 15%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    5459 Coan Street NE Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    5459 Coan Street NE Market Data

    Based on the last 30 days in this zip code

    $354,501
    Average List Price
    $198
    Average Price per Square Foot
    6
    Properties Sold
    36
    Average Days on Market
    27
    Properties for Sale
    Calculations provided by Reliance Network

    5459 Coan Street NE History

    Date Event Value Agent
    5/26/2026Source: MichRIC MLS Price Reduction
    $319,900 -3.0%
    5/11/2026Source: MichRIC MLS Status Change
    Active
    4/24/2026Source: MichRIC MLS Status Change
    Pending
    4/14/2026Source: MichRIC MLS Added to Database
    April 14, 2026
    10/6/2022Source: MichRIC MLS Added to Database
    October 06, 2022