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  • $225,000

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

    4beds
    2baths
    2,256sqft
    2 to 4 Units
    Built in 1922
    -- sqft lot
    $263,200 Zestimate®
    $100/sqft
    $1,259 Estimated rent

    Home value

    $263,200

    $247,000 - $282,000

    $1,259/mo

    Zestimate® history
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    $1,259/mo

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    Rent Zestimate®

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    $1,523/mo

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    $1,523/mo

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    What's special

    **This home qualifies for a $5300 down payment assistance through 5/3 Bank. This is free money to any borrower and can be their primary home or a rental! They can use this money to cover closing costs, buy down the rate, etc** Looking for a lucrative investment opportunity in Grand Rapids? Welcome to 926 M.L.K. Jr. St SE where you can bring in $2,680 /month!! This classic duplex features identical 2 BR's units with hardwood floors throughout. Easy access to local amenities, schools, and parks. Each unit offers its own laundry hookups in the basement with plenty of storage space. Separate utility meters. Tenants pay electric/gas/trash. Unit 1 is leased until Jan. 2025 & Unit 2 is month-to-month. Schedule a showing today and add this cash-flowing 2-unit to your investment portfolio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Johnson 616-799-2903,

    Clear Realty Group

    Bought with:

    Neil DeMeester

    Bellabay Realty LLC

    Angela J Worth, 6506048923

    Source: MichRIC,MLS#: 24026364MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: Gas Dryer Hookup, In Basement, Washer Hookup
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,256 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 37 x 132
    Details
    • Parcel number: 411432303011
    • Zoning description: Res.

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Wood 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: $100/sqft
    • Tax assessed value: $71,803
    • Annual tax amount: $3,951
    • Date on market: 5/30/2024
    • Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/24/2025Listing removed$1,200$1/sqft
    Source: Zillow Rentals Report a problem
    4/16/2025Price change$1,200-7.7%$1/sqft
    Source: Zillow Rentals Report a problem
    4/5/2025Listed for rent$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    3/14/2025Listing removed$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    3/8/2025Listed for rent$1,300-1.4%$1/sqft
    Source: Zillow Rentals Report a problem
    7/3/2024Sold$225,000+0%$100/sqft
    Source: MichRIC #24026364 Report a problem
    6/7/2024Pending sale$224,900$100/sqft
    Source: MichRIC #24026364 Report a problem
    5/30/2024Price change$224,900-2.2%$100/sqft
    Source: MichRIC #24026364 Report a problem
    5/26/2024Listed for sale$229,900+70.4%$102/sqft
    Source: MichRIC #24026364 Report a problem
    12/24/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/23/2023Listed for rent$1,318$1/sqft
    Source: Zillow Rentals Report a problem
    10/29/2020Sold$134,900$60/sqft
    Source: Agent Provided Report a problem
    7/29/2020Pending sale$134,900$60/sqft
    Source: DeBartolo Realty #20028075 Report a problem
    7/17/2020Listed for sale$134,900+145.3%$60/sqft
    Source: DeBartolo Realty #20028075 Report a problem
    4/5/2016Sold$55,000+175%$24/sqft
    Source: Public Record Report a problem
    2/21/2014Sold$20,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,910 $109,400 +7.6%
    2024-- $101,700 +53.6%
    2021$2,159 $66,200 +17.2%
    2020$2,159 +3.2%$56,500 +18.2%
    2019$2,093 $47,800 +18.9%
    2018-- $40,200 +19.3%
    2017$1,599 $33,700 +13.1%
    2016$1,599 $29,800
    2015$1,599 +5%$29,800 -6.9%
    2013$1,523 $32,000 -18.6%
    2011-- $39,300 -13.6%
    2010-- $45,500 -6.4%
    2009-- $48,600 +18.5%
    2007-- $41,000 +112.8%
    2006-- $19,271 +3.7%
    2005-- $18,584 +3.3%
    2004-- $17,991 +6.2%
    2002-- $16,938 +3.2%
    2001-- $16,413
    Find assessor info on the county website

    Neighborhood: 49507

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $263,200
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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
    $263,200