921 Fairmount St SE, Grand Rapids, MI, 49506
About This Home
Updated two-unit multifamily for sale at 921 Fairmount Street SE, Grand Rapids, MI 49506 in the highly desirable Fairmount Square neighborhood. This well maintained 1,726 sq ft duplex features two updated units with immediate opportunity. Lower unit is tenant occupied providing day-one rental income, upper unit is vacant and ready for an owner occupant or new tenant. Ideal for house hackers, owner occupants, and buy and hold investors seeking cash flow in one of West Michigan's strongest rental markets and the high-demand 49506 zip code. Minutes from Heritage Hill, Midtown, and Downtown Grand Rapids with easy access to restaurants, coffee shops, parks, and shopping. Location, condition, and income potential in one package.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1895
Materials
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: 2 to 4 Units
Interior
Appliances
- Laundry features: Common Area,In Basement
Basement
- Has basement: Yes
- Basement: Full,Michigan Basement
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total interior livable area: 1,726 sqft
Property
Details
- Parcel number: 411429354017
- Zoning description: Res Multifamily
Lot
- Lot size: 3,484 sqft
- Features: Level,Sidewalk,Corner Lot
- Lot size dimensions: 43 x 84
Parking
- Total spaces: 2
- Parking features: Concrete,Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Kent County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,845 | $22,140 |
| Home Insurance * | $142 | $1,704 |
| Property Taxes | $319 | $3,828 |
| Electricity | $188 | $2,259 |
| Total | $2,494 | $29,928 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-10 | Listed for sale | $374,900 |
| 2023-12-23 | Listing removed | -- |
| 2022-06-07 | Listing removed | $249,900 |
| 2021-12-22 | Sold | $252,000 |
| 2021-11-12 | Pending sale | $249,900 |
| 2021-11-06 | Price change | $249,900 |
| 2021-08-28 | Listed for sale | $265,900 |
| 2013-08-26 | Sold | $119,000 |
| 2005-10-14 | Sold | $125,000 |
For Sale by Agent
View on Zillow