For Sale
921 Fairmount Street SE, Grand Rapids, MI 49506
$374,900
MLS # 26008983 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 18950.08 acres
1 / 39
Listing Description
Updated two-unit in Grand Rapids desirable Fairmount Historic District offering exceptional flexibility for owner-occupants and investors alike. The lower unit will be vacant on June 30, providing an opportunity to occupy one unit while generating rental income from the other, or lease both units as an investment. This well maintained 1,726 sq. ft. duplex features updated interiors and is ideally located near Eastown, Heritage Hill, Midtown, downtown Grand Rapids, parks, restaurants, coffee shops, shopping. Located in the highly sought-after 49506 zip code, this property combines location, versatility, and income potential in one offering. A rare opportunity to own a move-in-ready duplex in one of Grand Rapids' strongest rental markets.
Source: SparkMLS
About this home
Listed at $374,900.
Annual property taxes run approximately $7,008 ($584/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 TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.08 acres
Year Built1895
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49506
CountyKent
School DistrictGrand Rapids
Construction & Systems
ConstructionWood Siding
BasementFull, Michigan Basement
HeatingForced Air
UtilitiesPhone Available, Natural Gas Connected, Electricity Connected, Cable Connected
Sale & Financing
Listed3/9/2026
Terms AcceptedVA Loan, FHA, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,008
Tax Year2025
State Equalized Value$166,400
Taxable Value$139,382
Assessed Value$135,718
Parcel #411429354017
Source: Public Records
Legal Description
W 42.74 FT OF S 84 FT OF LOT 19* WEATHERLY S ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Julie A ONeill
616 Realty LLC
Frequently Asked Questions about 921 Fairmount Street SE, Grand Rapids, MI 49506
What school district is 921 Fairmount Street SE, Grand Rapids, MI 49506 in?
Per MLS# 26008983, this property is served by Grand Rapids. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26008983, the seller has indicated this property accepts the following financing types: VA Loan, FHA, Cash, 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# 26008983, the most recent reported annual property tax for 921 Fairmount Street SE, Grand Rapids, MI 49506 is $7,008 (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 921 Fairmount Street SE, Grand Rapids, MI 49506 eligible for USDA financing?
Per USDA Rural Development boundary data, 921 Fairmount Street SE, Grand Rapids, MI 49506 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, 921 Fairmount Street SE, Grand Rapids, MI 49506 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. 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$2,432
Principal & interest$2,432
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
921 Fairmount Street SE, Grand Rapids, MI 49506
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Municipality
Grand Rapids
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