Under Contract
742 Olympia Street SW, Grand Rapids, MI 49503
$195,500
MLS # 20261028153 (Realcomp)
3 beds1 bath1,190 sqftBuilt 19050.09 acres
1 / 8
Listing Description
Very unique home! You will be hard press to find another one like this gem here.Vaulted ceiling in the kitchen and upstairs master suite. Open floor plan with loft, hot tub and full bath upstairs. Downstairs is a Kitchen with eating area and vaulted ceiling. Living room/dining room combo and Bedroom on main and half bath. Detached garage with deck above. Nearby restaurants, parks, and shopping. Near 131, I 96, downtown, Grand Valley State, YMCA, and new amphitheater. Schools of choice or Grand Rapids Public. Don't let this gem get-a-way from you call to schedule your private tour today. All measurements are approximate. BATVAI
Source: SparkMLS
About this home
Located in Grand Rapids in Grand Rapids, this property offers 3-bedroom, 1-bath, 1,190 sq ft, with original construction dating to 1905.
Currently offered at $195,500 (about $164/sq ft).
Estimated annual property tax: $2,425, or about $202 monthly. 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
Bathrooms1
Living Area1,190 sqft
Lot Size0.09 acres
Year Built1905
Stories2
Location
CityGrand Rapids
Zip Code49503
CountyKent
School DistrictGrand Rapids
Construction & Systems
ConstructionVinyl Siding
BasementSlab
Garage2 spaces
HeatingForced Air
WaterPublic
InteriorWhirlpool Tub
Sale & Financing
Listed5/13/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,425
State Equalized Value$90,200
Taxable Value$74,435
Parcel #411701104007
Source: Public Records
Legal Description
LOT 9* VAN DER LEEST ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David L Kimbrough
Berkshire Hathaway HomeServices Michigan Real Est
Frequently Asked Questions about 742 Olympia Street SW, Grand Rapids, MI 49503
Which school district serves 742 Olympia Street SW, Grand Rapids, MI 49503?
Per MLS# 20261028153, 742 Olympia Street SW, Grand Rapids, MI 49503 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 type of financing is accepted for this listing?
Per MLS# 20261028153, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 742 Olympia Street SW, Grand Rapids, MI 49503?
Per public tax records, annual property taxes for this property are $2,425. 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, 742 Olympia Street SW, Grand Rapids, MI 49503 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 742 Olympia Street SW, Grand Rapids, MI 49503 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 742 Olympia Street SW, Grand Rapids, MI 49503?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. 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 local police department or county sheriff's office.
Map
Mortgage Calculator
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Monthly payment$1,268
Principal & interest$1,268
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
742 Olympia Street SW, Grand Rapids, MI 49503
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Municipality
Grand Rapids
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