Sold
942-944 Sherman Street SE, Grand Rapids, MI 49506
Sold on 07/08/2026 for$315,000
MLS # 26016925 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19200.17 acres
1 / 34
Listing Description
Spacious Side By Side Two Family in a great SE location. 3 beds/2 baths in unit 1. 3 Beds/1.5 baths in unit 2. Strong rental history, both units occupied. Great opportunity for investment or owner occupancy. Close to transportation, churches and other shopping needs.
Source: SparkMLS
About this home
This home sold for $315,000.
Property tax estimate: $5,200 per year ($433/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 Size0.17 acres
Year Built1920
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49506
CountyKent
School DistrictGrand Rapids
Construction & Systems
ConstructionVinyl Siding
BasementMichigan Basement
HeatingForced Air
SewerPublic Sewer
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Sale & Financing
Listed4/20/2026
Sold Date7/7/2026
Original Price$335,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,200
Tax Year2025
State Equalized Value$154,000
Taxable Value$104,245
Assessed Value$101,505
Parcel #411432176008
Source: Public Records
Legal Description
LOT 8* MARY J FINCH SECOND ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Logan Perham
EXP Realty LLC
Frequently Asked Questions about 942-944 Sherman Street SE, Grand Rapids, MI 49506
Which school district serves 942-944 Sherman Street SE, Grand Rapids, MI 49506?
Per MLS# 26016925, 942-944 Sherman 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# 26016925, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 942-944 Sherman Street SE, Grand Rapids, MI 49506?
Per public tax records, annual property taxes for this property are $5,200 (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, 942-944 Sherman 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 942-944 Sherman 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 942-944 Sherman Street SE, Grand Rapids, MI 49506?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public Sewer. 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.
Map
Mortgage Calculator
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Monthly payment$2,108
Principal & interest$2,108
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
942-944 Sherman Street SE, Grand Rapids, MI 49506
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Municipality
Grand Rapids
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