For Sale
627 Watkins Street SE, Grand Rapids, MI 49507
$250,000
MLS # 26033917 (Michigan Regional Information Center (MichRIC))
3 beds2 baths840 sqftBuilt 19200.08 acres
1 / 20
Listing Description
Investment Opportunity with a Head Start! Here's your chance to add value in Grand Rapids! This 3-bedroom, 2-bath home offers a functional layout with room to make it your own. The first floor features a kitchen, family room, dining room, one bedroom, and a fully remodeled full bath -- already giving you a head start on renovations. Upstairs you'll find two additional bedrooms and a full bath, while the basement includes a finished office space, perfect for remote work or extra flex space. Priced to reflect the work still needed throughout the rest of the home, this property is a great fit for investors, rehabbers, or anyone looking to build sweat equity with solid bones to work with. Whether your plan is a full rehab for resale or adding to your rental portfolio, 627 Watkins St SE offers real upside for the right buyer. Conveniently located with easy access to major roads, shopping, and downtown Grand Rapids.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 840 sq ft home in Grand Rapids in Grand Rapids built in 1920.
Listed at $250,000 (about $298/sq ft).
Property tax estimate: $1,206 per year ($100/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 Area840 sqft
Lot Size0.08 acres
Year Built1920
Stories2
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49507
CountyKent
School DistrictGrand Rapids
Construction & Systems
ConstructionAluminum Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Electricity Available
Sale & Financing
Listed7/5/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,206
Tax Year2026
State Equalized Value$52,900
Taxable Value$22,452
Assessed Value$22,452
Parcel #411431430018
Source: Public Records
Legal Description
LOT 15* THOMAS PECK ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Filloreta Balaj-Elezi
EXP Realty LLC
Frequently Asked Questions about 627 Watkins Street SE, Grand Rapids, MI 49507
Which school district serves 627 Watkins Street SE, Grand Rapids, MI 49507?
Per MLS# 26033917, 627 Watkins Street SE, Grand Rapids, MI 49507 is in the Grand Rapids boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Grand Rapids directly to confirm enrollment eligibility.
What financing options are available for 627 Watkins Street SE, Grand Rapids, MI 49507?
Per MLS# 26033917, this listing accepts Cash, FHA, VA Loan, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 627 Watkins Street SE, Grand Rapids, MI 49507?
Per public tax records, annual property taxes for this property are $1,206 (2026). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 627 Watkins 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.
Is 627 Watkins Street SE, Grand Rapids, MI 49507 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 627 Watkins Street SE, Grand Rapids, MI 49507?
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.
What is the crime rate in 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.
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Monthly payment$1,621
Principal & interest$1,621
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
627 Watkins Street SE, Grand Rapids, MI 49507
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Municipality
Grand Rapids
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