918 Martin Luther King Jr St SE, Grand Rapids, MI, 49507
About This Home
Excellent investment opportunity in Grand Rapids! This classic up/down duplex features two spacious 2-bed, 1-bath units, each showcasing original hardwood floors, beautiful oak trim and coving that highlight the home's timeless character. Modern vinyl double-pane windows provide efficiency & functionality, whilst the vinyl siding is maintenance free. Both units are tenant occupied and currently rent for $1,130 & $1,095 per month, offering excellent upside potential with comparable 2-bedroom units renting for approximately $1,400 per month. Conveniently located just 2 mins from the new MLK Community Center featuring a swimming pool, tennis courts, pickleball courts, basketball courts and year-round community amenities, making this an attractive location for both tenants and owner. 2 mins from Wealthy St, 4 to Eastown, 10 to Downtown.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1926
Materials
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: 2 to 4 Units
Interior
Appliances
- Laundry features: Gas Dryer Hookup,In Basement,Washer Hookup
Basement
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Heating features: Forced Air
Interior Area
- Total interior livable area: 2,496 sqft
Property
Details
- Parcel number: 411432303009
- Zoning description: Residential
Lot
- Lot size: 5,227 sqft
- Features: Sidewalk
- Lot size dimensions: 40*132
Parking
- Total spaces: 2
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
- Cold Wave
- Heat Wave
- 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 | $1,441 | $17,292 |
| Home Insurance * | $137 | $1,644 |
| Property Taxes | $249 | $2,988 |
| Electricity | $272 | $3,267 |
| Total | $2,099 | $25,188 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Price change | $265,000 |
| 2026-08-02 | Listed for sale | $285,000 |
| 2018-12-06 | Sold | $145,000 |
| 2018-11-07 | Listed for sale | $145,000 |
| 2018-11-07 | Pending sale | $145,000 |
| 2018-10-20 | Listed for sale | $145,000 |
| 2018-01-16 | Listing removed | $800 |
| 2018-01-12 | Listed for rent | $800 |
| 2017-11-20 | Listing removed | $129,900 |
| 2017-11-18 | Pending sale | $129,900 |
| 2017-11-18 | Listed for sale | $129,900 |
| 2017-11-16 | Sold | $125,000 |
| 2016-04-08 | Listing removed | $775 |
| 2014-04-08 | Listing removed | $650 |
| 2013-12-07 | Listed for rent | $650 |
| 2007-10-24 | Sold | $45,000 |
| 2007-05-01 | Sold | $32,957 |
| 2000-03-31 | Sold | $39,000 |
For Sale by Agent
View on Zillow