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Sold for $415,000
  • $415,000

    1425 Martin Luther King Jr St SE, Grand Rapids, MI 49506

    --beds
    0baths
    1,740sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $425,200 Zestimate®
    $239/sqft
    $1,625 Estimated rent

    Home value

    $425,200

    $395,000 - $459,000

    $1,625/mo

    Zestimate® history
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    $1,625/mo

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    Rent Zestimate®

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    $2,643/mo

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    $2,643/mo

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    What's special

    Wonderful opportunity with this 2 Family property in a great area-Eastown bordering Ottawa Hills. Close to Bus lines, colleges, numerous restaurants, and amenities. Lower apartment features large living room, dining room, 2 bedrooms and a updated bath. The kitchen is large enough for an eating area and has slider access to the deck and 2 stall garage. The upper apartment has a cool vibe with maple floors, exposed brick chimney and open feel. The good sized front bedroom has 2 closets. French doo rs lead to a large family room which could be a great second bedroom since there's a closet. There is still a dining area/living room combination as well as a three season room off the kitchen. This house could be easily returned to a spacious single family home. Great for the investor or owner occ.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Interior area
    • Total interior livable area: 1,740 sqft

    Property

    Parking
    • Parking features: Garage
    Lot
    • Size: 5,039 Square Feet
    Details
    • Parcel number: 411432279015

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $239/sqft
    • Tax assessed value: $342,200
    • Annual tax amount: $3,746

    Price history

    DateEventPrice
    7/3/2025Sold$415,000+198.6%$239/sqft
    Source: Public Record Report a problem
    3/3/2016Sold$139,000-4.1%$80/sqft
    Source: Public Record Report a problem
    12/15/2015Listed for sale$145,000+29.4%$83/sqft
    Source: Keller Williams GR East #15063009 Report a problem
    10/9/2015Sold$112,050$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,746 $171,100 +10.1%
    2024-- $155,400 +40.5%
    2021$3,296 $110,600 +5%
    2020$3,296 +3.3%$105,300 +15%
    2019$3,190 $91,600 +8.9%
    2018-- $84,100 +33.9%
    2017$2,789 $62,800 +8.8%
    2016$2,789 $57,700
    2015$2,789 +30%$57,700 +21.7%
    2013$2,145 $47,400 -12.2%
    2011-- $54,000 -7.1%
    2010-- $58,100 -2.7%
    2009-- $59,700 -34.8%
    2007-- $91,500 +94.4%
    2006-- $47,076 +3.7%
    2005-- $45,397 +3.3%
    2004-- $43,947 +6.2%
    2002-- $41,374 +3.2%
    2001-- $40,092
    Find assessor info on the county website

    Neighborhood: Eastown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $425,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $425,200