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Sold
  • $385,000

    1053 Martin Luther King Jr St SE, Grand Rapids, MI 49507

    4beds
    4baths
    1,010sqft
    2 to 4 Units
    Built in 1922
    -- sqft lot
    $395,300 Zestimate®
    $381/sqft
    $1,344 Estimated rent

    Home value

    $395,300

    $372,000 - $419,000

    $1,344/mo

    Zestimate® history
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    What's special

    Solid investment opportunity in the heart of Grand Rapids. This 3-unit property features a spacious main-floor 2-bedroom with 1920s character, two 1-bedroom upper units, and a non-conforming studio in the basement with a full bath. Recent updates include new high-efficiency A/C units, fresh interior paint, new toilets in all units, plumbing improvements, and a remodeled front porch with lighting, outlets, and refinished flooring. The basement also offers a new water heater, laundry, and additional storage. Exterior improvements include Ring security cameras, a new back entrance door, and a 2-3 car concrete parking pad. Two of the three main units are vacant, while the seller occupies the main floor and will vacate prior to closing—ideal setup for house-hacking or repositioning for market-rate rents. Conveniently located near downtown, public transit, and neighborhood amenities.

    Zillow last checked:

    Listing updated:

    Listed by:

    James Hocking 616-369-9207,

    Smallegan Real Estate,

    Michael Smallegan,

    Smallegan Real Estate

    Bought with:

    Anthony Hernandez, 6501378548

    Five Star Real Estate (Grandv)

    John E Cremer, 6502418398

    Source: MichRIC,MLS#: 25058148MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Hot Water
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 1,010 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Driveway
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 135
    Details
    • Parcel number: 411432183029
    • Zoning description: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $381/sqft
    • Tax assessed value: $129,700
    • Annual tax amount: $6,214
    • Date on market: 11/13/2025
    • Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
    • Tenant pays: None
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/6/2026Listing removed$1,295$1/sqft
    Source: Zillow Rentals Report a problem
    5/20/2026Price change$1,295+8.4%$1/sqft
    Source: Zillow Rentals Report a problem
    4/29/2026Listed for rent$1,195-4%$1/sqft
    Source: Zillow Rentals Report a problem
    3/23/2026Listing removed$1,245$1/sqft
    Source: Zillow Rentals Report a problem
    3/9/2026Listed for rent$1,245$1/sqft
    Source: Zillow Rentals Report a problem
    1/5/2026Sold$385,000+1.3%$381/sqft
    Source: MichRIC #25058148 Report a problem
    11/18/2025Pending sale$379,900$376/sqft
    Source: MichRIC #25058148 Report a problem
    10/16/2025Listed for sale$379,900+22%$376/sqft
    Source: MichRIC #25053372 Report a problem
    5/4/2023Sold$311,500+2.1%$308/sqft
    Source: Public Record Report a problem
    3/14/2023Pending sale$305,000$302/sqft
    Source: MichRIC #23005743 Report a problem
    2/27/2023Listed for sale$305,000+7%$302/sqft
    Source: MichRIC #23005743 Report a problem
    1/24/2022Sold$285,000+3.6%$282/sqft
    Source: Public Record Report a problem
    1/8/2020Listing removed$275,000$272/sqft
    Source: Five Star Real Estate (Casc) #19057671 Report a problem
    12/11/2019Listed for sale$275,000+511.1%$272/sqft
    Source: Five Star Real Estate (Casc) #19057671 Report a problem
    12/21/2017Sold$45,000-10%$45/sqft
    Source: Public Record Report a problem
    10/24/2017Listed for sale$50,000$50/sqft
    Source: Independence Realty (RSC) #17053089 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,948 $143,400 +10.6%
    2024-- $129,700 +31.7%
    2021$3,076 $98,500 +19.4%
    2020$3,076 +3.2%$82,500 +30.7%
    2019$2,982 $63,100 +12.1%
    2018-- $56,300 +33.1%
    2017$2,013 $42,300 +13.4%
    2016$2,013 $37,300
    2015$2,013 -4.9%$37,300 +1.1%
    2013$2,118 $36,900 -30.4%
    2011-- $53,000 -19.6%
    2010-- $65,900
    2009-- $65,900 +13.4%
    2007-- $58,100 +121.3%
    2006-- $26,258 +3.7%
    2005-- $25,322 +3.3%
    2004-- $24,514 +6.2%
    2002-- $23,079 +3.2%
    2001-- $22,364
    Find assessor info on the county website

    Neighborhood: Baxter

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $395,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $395,300