1053 Martin Luther King Junior St SE Grand Rapids, MI 49507
Baxter NeighborhoodEstimated payment $2,524/month
About This Home
Solid investment opportunity in the heart of Grand Rapids. This 3-unit property features a spacious main-floor 2-bedroom with 1920s character, two 1-bedroom upper units, and a non-conforming studio in the basement with a full bath. Recent updates include new high-efficiency A/C units, fresh interior paint, new toilets in all units, plumbing improvements, and a remodeled front porch with lighting, outlets, and refinished flooring. The basement also offers a new water heater, laundry, and additional storage. Exterior improvements include Ring security cameras, a new back entrance door, and a 2-3 car concrete parking pad. Two of the three main units are vacant, while the seller occupies the main floor and will vacate prior to closing—ideal setup for house-hacking or repositioning for market-rate rents. Conveniently located near downtown, public transit, and neighborhood amenities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,214
Year Built
- Built in 1922
Lot Details
- 5,401 Sq Ft Lot
- Lot Dimensions are 40 x 135
Home Design
- Vinyl Siding
Basement
- Basement Fills Entire Space Under The House
Parking
- 3 Parking Spaces
- Driveway
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- High Speed Internet
- Cable TV Available
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,692 | $143,400 | $0 | $0 |
| 2024 | $5,692 | $129,700 | $0 | $0 |
| 2023 | $5,129 | $111,900 | $0 | $0 |
| 2022 | $5,154 | $99,400 | $0 | $0 |
| 2021 | $5,141 | $98,500 | $0 | $0 |
| 2020 | $3,005 | $82,500 | $0 | $0 |
| 2019 | $3,076 | $63,100 | $0 | $0 |
| 2018 | $2,982 | $56,300 | $0 | $0 |
| 2017 | $1,460 | $42,300 | $0 | $0 |
| 2016 | $2,013 | $37,300 | $0 | $0 |
| 2015 | $2,118 | $37,300 | $0 | $0 |
| 2013 | -- | $36,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Pending | -- | -- | -- | |
| 11/13/2025 11/13/25 | For Sale | $379,900 | +22.0% | -- | |
| 04/28/2023 04/28/23 | Sold | $311,500 | +2.1% | -- | View Prior Sale |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- | |
| 02/27/2023 02/27/23 | For Sale | $305,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $311,500 | None Listed On Document | |
| Warranty Deed | $285,000 | Chicago Title | |
| Special Warranty Deed | $835,500 | Chicago Title Of Mi Inc | |
| Land Contract | -- | None Available | |
| Warranty Deed | $45,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $13,355 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $305,758 | FHA | |
| Previous Owner | $206,250 | New Conventional | |
| Previous Owner | $697,500 | Commercial | |
| Closed | $0 | No Value Available |
Source: MichRIC
MLS Number: 25058148
APN: 41-14-32-183-029
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Information is deemed reliable but not guaranteed.
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