1053 Martin Luther King Jr Street SE, Grand Rapids, MI 49507

$385,000

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Sold Price
$385,000
List Price
$379,900
Closing Date
Jan 05, 2026
Days on Market
1
MLS#
25058148
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

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.

Additional Information

Owner Pays
Electricity, Gas, Sewer, Trash Collection, Water
Taxes
$6,214
Acres
0.12
Basement
Full
Heating
Hot Water
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
None
Total Parking Spaces
3
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: James Hocking from Listing Office: Smallegan Real Estate.

Selling Agent: Selling Office: .

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