Pending
515 Martin Luther King Jr Street SE, Grand Rapids, MI 49507
$210,000
MLS # 26026840 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,144 sqftBuilt 19250.04 acres
1 / 35
Listing Description
This home is move in ready, a rare find at this price point! Nestled between the South Hills and Madison Square neighborhoods, this charming 3 bedroom, 1.5 bath home offers the perfect blend of comfort, convenience, and character. Natural light pours through the windows, creating a bright and welcoming atmosphere throughout the home. The updated kitchen provides a stylish and functional space for everyday living, while the inviting living areas offer plenty of room to relax and entertain. Step outside to enjoy the spacious front porch overlooking a stunning perennial flower garden that provides beautiful color and curb appeal throughout the seasons. An attached carport adds convenience and protection from the elements. Ideally located near local shops, restaurants, parks, schools, and everyday amenities, this home offers easy access to everything you need. Schedule your showing today!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,144 sq ft home built in 1925 sits in Grand Rapids in Grand Rapids.
Currently offered at $210,000 (about $184/sq ft).
Annual property taxes run approximately $2,499 ($208/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,144 sqft
Lot Size0.04 acres
Year Built1925
Stories2
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49507
CountyKent
School DistrictGrand Rapids
Construction & Systems
StyleCraftsman, Traditional
ConstructionVinyl Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/2/2026
Original Price$220,000
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,499
Tax Year2025
State Equalized Value$94,800
Taxable Value$76,711
Assessed Value$74,695
Parcel #411431256029
Source: Public Records
Legal Description
W 40 FT OF LOT 10* LUCE ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Faune Benson-Schuitema
Five Star Real Estate LLC Main Grand Rapi
Frequently Asked Questions about 515 Martin Luther King Jr Street SE, Grand Rapids, MI 49507
What school district is 515 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 in?
Per MLS# 26026840, this property is served by Grand Rapids. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 515 Martin Luther King Jr Street SE, Grand Rapids, MI 49507?
Per MLS# 26026840, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26026840, the most recent reported annual property tax for 515 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 is $2,499 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 515 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 eligible for USDA financing?
Per USDA Rural Development boundary data, 515 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 515 Martin Luther King Jr Street SE, Grand Rapids, MI 49507 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the City of Grand Rapids police department or the Kent County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$1,362
Principal & interest$1,362
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
515 Martin Luther King Jr Street SE, Grand Rapids, MI 49507
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Municipality
Grand Rapids
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