Affordable 4-bedroom home in a great location with an excellent rental history and strong income-producing potential. This turn-key property has a tenant already in place, making it a great investment opportunity from day one. Opportunity to build equity while generating income. Ideal as a rental property or a starter home for a future homeowner. Seller instructs Listing Agent/Broker that Seller will not review any offers until Monday May 18th at 6:00pm.
Sold
$125,000
701 Martin Luther King Jr St SE, Grand Rapids, MI 49507
4beds
1,164sqft
Single Family Residence
Built in 1890
3,049 Square Feet Lot
$125,400 Zestimate®
$107/sqft
$1,819 Estimated rent
Home value
$125,400
$119,000 - $132,000
$1,819/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Rui M DeOliveira 616-540-1949,
RE/MAX SunQuest Realty
Bought with:
Rui M DeOliveira, 6501288319
RE/MAX SunQuest Realty
Source: MichRIC,MLS#: 26022167
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Basement: Michigan Basement
- Has fireplace: No
Interior area
- Total structure area: 1,164
- Total interior livable area: 1,164 sqft
- Finished area below ground: 0
Property
Features
- Stories: 2
Lot
- Size: 3,049 Square Feet
- Dimensions: 49 x 60
- Features: Corner Lot
Details
- Parcel number: 411431283004
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $24,575
- Annual tax amount: $1,317
- Date on market: 5/14/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $125,000-7.4%$107/sqft |
Source:  MichRIC #26022167 Report a problem | ||
| 5/19/2026 | Pending sale | $135,000$116/sqft |
Source: MichRIC #26022167 Report a problem | ||
| 5/14/2026 | Listed for sale | $135,000+592.3%$116/sqft |
Source: MichRIC #26022167 Report a problem | ||
| 8/21/2013 | Sold | $19,500-1%$17/sqft |
Source: Public Record Report a problem | ||
| 7/16/2013 | Price change | $19,700-6.2%$17/sqft |
Source: JGR Real Estate LLC #13030392 Report a problem | ||
| 7/8/2013 | Price change | $21,000-4.1%$18/sqft |
Source: JGR Real Estate LLC #13030392 Report a problem | ||
| 6/11/2013 | Price change | $21,900-12%$19/sqft |
Source: JGR Real Estate LLC #13030392 Report a problem | ||
| 5/29/2013 | Listed for sale | $24,900-3.9%$21/sqft |
Source: JGR Real Estate LLC #13030392 Report a problem | ||
| 3/31/2013 | Listing removed | $25,900$22/sqft |
Source: RE/MAX Lifestyles #12051236 Report a problem | ||
| 1/5/2013 | Price change | $25,900-3.7%$22/sqft |
Source: RE/MAX Lifestyles #12051236 Report a problem | ||
| 9/25/2012 | Listed for sale | $26,900+50.3%$23/sqft |
Source: RE/MAX Lifestyles #12051236 Report a problem | ||
| 5/15/2011 | Listing removed | $17,900$15/sqft |
Source: RE/MAX Lifestyles #10060966 Report a problem | ||
| 3/30/2011 | Price change | $17,900-10.1%$15/sqft |
Source: RE/MAX Lifestyles #10060966 Report a problem | ||
| 2/11/2011 | Price change | $19,900-13.1%$17/sqft |
Source: RE/MAX Lifestyles #10060966 Report a problem | ||
| 12/31/2010 | Listed for sale | $22,900-46.7%$20/sqft |
Source: RE/MAX Lifestyles #10060966 Report a problem | ||
| 1/31/2005 | Sold | $43,000$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,204 | $68,300 +10.5% |
| 2024 | -- | $61,800 +52.6% |
| 2021 | $1,053 | $40,500 +25% |
| 2020 | $1,053 +3.2% | $32,400 +19.1% |
| 2019 | $1,020 | $27,200 +20.9% |
| 2018 | -- | $22,500 +20.3% |
| 2017 | $1,000 | $18,700 -0.5% |
| 2016 | $1,000 | $18,800 |
| 2015 | $1,000 -19.7% | $18,800 +5% |
| 2013 | $1,245 | $17,900 -22.8% |
| 2011 | -- | $23,200 -18% |
| 2010 | -- | $28,300 -0.7% |
| 2009 | -- | $28,500 -23% |
| 2007 | -- | $37,000 +2.2% |
| 2006 | -- | $36,191 +3.7% |
| 2005 | -- | $34,900 +44.1% |
| 2004 | -- | $24,218 +6.2% |
| 2002 | -- | $22,800 +56.9% |
| 2001 | -- | $14,529 |
Find assessor info on the county website
Neighborhood: South Hill
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Nearby schools
GreatSchools rating
- 3/10Martin Luther King Leadership AcademyGrades: PK-8Distance: 0.4 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 0.9 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$125,400
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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
$125,400
- Michigan
- Kent County
- Grand Rapids
- 49507
- South Hill
- 701 Martin Luther King Jr St SE
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