For Sale
927 Bemis Street SE, Grand Rapids, MI 49506
$205,000
MLS # 26020609 (Michigan Regional Information Center (MichRIC))
1 bed1 bath1,256 sqftBuilt 19000.1 acres
1 / 1
Listing Description
Great opportunity for investors or first-time homebuyers! This property (3 bedroom and 1 bath) offers strong potential as either a rental or owner-occupied home, with plenty of room to add value and build equity over time. Whether you're looking to expand your investment portfolio or purchase your first home, this is an affordable option with long-term upside. Conveniently located near the Wealthy Street corridor and the Baxter community, you'll enjoy easy access to local amenities, dining, and neighborhood conveniences.
Source: SparkMLS
About this home
This 1-bedroom, 1-bath, 1,256 sq ft home built in 1900 sits in Grand Rapids in Grand Rapids.
Currently offered at $205,000 (about $163/sq ft).
Property tax estimate: $947 per year ($79/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
Bedrooms1
Bathrooms1
Living Area1,256 sqft
Lot Size0.1 acres
Year Built1900
Stories1
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49506
CountyKent
School DistrictGrand Rapids
Construction & Systems
StyleTraditional
ConstructionVinyl Siding
BasementMichigan Basement
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/6/2026
Terms AcceptedCash, FHA, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$947
Tax Year2025
State Equalized Value$77,900
Taxable Value$18,840
Assessed Value$18,345
Parcel #411432105044
Source: Public Records
Legal Description
LOT 20 & W 5 FT OF LOT 21 EXCEPT S 6 FT FOR STREET* VAN LEEUWEN S ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Latasha Black
LCB & Associates Realty
Frequently Asked Questions about 927 Bemis Street SE, Grand Rapids, MI 49506
Which school district serves 927 Bemis Street SE, Grand Rapids, MI 49506?
Per MLS# 26020609, 927 Bemis Street SE, Grand Rapids, MI 49506 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.
Can I use FHA or VA financing for this property?
Per MLS# 26020609, this listing accepts Cash, FHA, MSHDA, 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 927 Bemis Street SE, Grand Rapids, MI 49506?
Per public tax records, annual property taxes for this property are $947 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 927 Bemis 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.
Is 927 Bemis Street SE, Grand Rapids, MI 49506 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 927 Bemis Street SE, Grand Rapids, MI 49506?
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$1,330
Principal & interest$1,330
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
927 Bemis Street SE, Grand Rapids, MI 49506
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Municipality
Grand Rapids
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