508 E Grove St, Midland, MI, 48640
About This Home
Duplex in Downtown Midland For Sale on 508 E. Grove St., 2 Unit is currently leased at $2,050. Tenants pay Gas, electric, and water. City certified rental. 2146 sq feet and in nice shape. Close to Downtown and Grove Park. Rents are below the current market value.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1880
Materials
- Foundation: Basement
- Construction materials: Other,Wood
Type & Style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence,Duplex
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Unfinished
Bathroom1
- Features: Linoleum Floor
- Level: First
- Area: 25
Bathroom2
- Features: Linoleum Floor
- Level: First
- Area: 35
Bathroom3
- Features: Linoleum Floor
- Level: First
- Area: 30
Bedroom1
- Features: Carpet
- Level: First
- Area: 100
Bedroom2
- Features: Carpet
- Level: First
- Area: 100
Bedroom3
- Features: Carpet
- Level: First
- Area: 90
Bedroom4
- Features: Carpet
- Level: First
- Area: 99
Bedroom5
- Features: Carpet
- Level: First
- Area: 99
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Family Room
- Features: Carpet
- Level: First
- Area: 130
Features
- Flooring: Carpet,Carpet,Carpet,Carpet,Carpet,Carpet,Carpet,Carpet,Linoleum,Linoleum,Carpet,Linoleum
- Finished area below ground: 0
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 20,241,600
- Total interior livable area: 2,024 sqft
Kitchen
- Features: Carpet
- Level: First
- Area: 140
Living Room
- Features: Carpet
- Level: First
- Area: 130
Property
Details
- Parcel number: 141550080
- Zoning description: Residential
Features
- Levels: Two
- Stories: 2
- Frontage type: Road
- Frontage length: 90
Lot
- Lot size: 10,018 sqft
- Lot size dimensions: 90 x 120
Parking
- Total spaces: 1
- Parking features: Detached,Unassigned,On Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
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
- Cold Wave
- Strong Wind
- Tornado
- Winter Weather
- Hail
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Midland 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 | $1,006 | $12,072 |
| Home Insurance * | $106 | $1,272 |
| Property Taxes | $230 | $2,760 |
| Electricity | $220 | $2,649 |
| Total | $1,562 | $18,744 |
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 |
|---|---|---|
| 2026-03-19 | Price change | $199,000 |
| 2026-03-04 | Price change | $207,000 |
| 2025-11-11 | Listed for sale | $220,000 |
| 2018-01-16 | Sold | $85,000 |
| 2015-05-07 | Sold | $83,500 |
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