1559 Coit Ave NE · Grand Rapids, MI 49505

$225,000

3 bd · 1.5 ba · 1,542 sqft · SingleFamily public records · 59 Days on market

Built 1890 4,182 sqft lot $146/sqft · 22% below area Est $289k · 22% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.9/30.0
• ARV discount +15.0/15.0
• DSCR +5.6/10.0
• 1% rule +4.9/10.0
• Livability +4.2/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

Key facts

• Boiler
• New kitchen
• Water heater

Tags

• CRESTON NEIGHBORHOOD
• NEW KITCHEN
• BOILER
• WATER HEATER
• UPDATED ROOF
• CLASSIC CHARACTER

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $188 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $223k (0.9% below list).
• Recommended offer: $218k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 4.5% in Grand Rapids — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#44 in MI, #939 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment C-, crime F.
• Grand Rapids Public Schools (urban): math 15% / reading 29% proficiency, ranked #451 of 540 in MI (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.5%/yr); 147 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 84% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,253 units permitted in Kent County in 2024 (969 in 5+ unit buildings).
• This rent runs 36% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Kent County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
• 17 sale attempts since 36y ago; this cycle's ask has dropped $25k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $218,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 59 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.99% ✗
• Cap rate: 7.30%
• Cash-on-cash: 3.58%
• DSCR: 1.16
• GRM: 8.4

CMA / ARV

• ARV (median comp): $289,317
• List price: $225,000
• Delta: -22.23%
• Verdict: UNDERPRICED
• Comps: 17 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.55% rent growth · sell at horizon

5-year hold

• IRR: -8.9%
• Equity multiple: 0.67×
• Total profit: $-20,902
• Equity at exit: $33,548

10-year hold

• IRR: 2.6%
• Equity multiple: 1.20×
• Total profit: $12,363
• Equity at exit: $19,454

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 49505

• Rents YoY: 4.5%
• Active inventory: 147
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $2,229 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$299 /mo · $3,591/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$468
• Net cashflow: $188

Break-even live

Break-even rent $1,991

Max offer price $225,000

Occupancy floor 87%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
50 Mathews Ct NE Grand Rapids, MI	3.0	1.5	1100	$1,850	$1.68	43d	1	0.12mi
138 Travis St NE Grand Rapids, MI	4.0	2.0	1800	$2,395	$1.33	11d	1	0.18mi
1359 Plainfield Ave NE Grand Rapids, MI	2.0	1.0–2.0	720	$2,325	$3.23	3d	9	0.21mi
135 Page St NE Grand Rapids, MI	3.0	2.0	1100	$3,100	$2.82	43d	1	0.30mi
1335 Hamilton Ave NW Unit 2 Grand Rapids, MI	3.0	1.0	1124	$1,395	$1.24	43d	1	0.81mi
1001 Monroe Ave NW #202 Grand Rapids, MI	2.0	2.0	1333	$2,645	$1.98	43d	1	0.82mi
1429 Quarry Ave NW Unit 1 Grand Rapids, MI	3.0	1.5	1200	$1,800	$1.50	43d	1	0.85mi
2317 Coit Ave NE Grand Rapids, MI	2.0	1.0	1087	$1,700	$1.56	43d	1	0.98mi
728 Fairview Ave NE Grand Rapids, MI	4.0	2.0	2000	$2,100	$1.05	43d	1	1.04mi
1044 Muskegon Ave NW Unit 2 Grand Rapids, MI	3.0	1.0	1100	$1,800	$1.64	43d	1	1.12mi
734 Crosby St NW Unit 1 Grand Rapids, MI	3.0	1.0	1057	$1,800	$1.70	43d	1	1.16mi
700 Broadway Ave NW Unit 1 Grand Rapids, MI	4.0	2.0	1450	$2,795	$1.93	43d	1	1.26mi
841 Houseman Ave NE Grand Rapids, MI	2.0	1.5	1128	$1,700	$1.51	43d	1	1.31mi
927 Arianna St NW Grand Rapids, MI	4.0	3.0	1500	$3,000	$2.00	43d	1	1.37mi
900 Leonard St NW Grand Rapids, MI	2.0	1.0–2.0	720	$2,850	$3.96	2d	10	1.39mi
201 Michigan St NW Grand Rapids, MI	1.0–2.0	1.0–2.0	981	$2,800	$2.85	43d	10	1.46mi
1756 Tamarack Ave NW Grand Rapids, MI	3.0	2.0	1700	$2,195	$1.29	43d	1	1.46mi
541 Eastern Ave NE Grand Rapids, MI	4.0	2.0	1600	$2,300	$1.44	43d	1	1.49mi
414 Benson Ave NE Grand Rapids, MI	1.0–3.0	1.0–2.0	1110	$2,673	$2.41	43d	14	1.50mi

Listing history 50 events

1. 2026-05-03
   status Pending 465-char remark

   Show marketing remark (465 chars)

   Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

2. 2026-05-03
   status Pending 465-char remark

   Show marketing remark (465 chars)

   Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

3. 2026-05-03
   status Pending

   Show marketing remark (465 chars)

   Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

4. 2026-05-01
   price $225,000 465-char remark

   Show marketing remark (465 chars)

   Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

5. 2026-04-30
   status Active 465-char remark

   Show marketing remark (465 chars)

   Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

6. 2026-04-30
   status Active 465-char remark

   Show marketing remark (465 chars)

   Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

7. 2026-04-30
   price $225,000 465-char remark

   Show marketing remark (465 chars)

   Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

8. 2026-04-30
   status Active

   Show marketing remark (465 chars)

   Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

9. 2026-04-30
   price $225,000

   Show marketing remark (465 chars)

   Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

10. 2026-01-10
    status Pending 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

11. 2026-01-10
    status Pending 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

12. 2026-01-10
    status Pending

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

13. 2026-01-05
    price $210,000 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

14. 2026-01-04
    price $210,000 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

15. 2026-01-04
    price $210,000

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

16. 2025-12-02
    price $235,000 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

17. 2025-12-01
    price $235,000 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

18. 2025-12-01
    price $235,000

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

19. 2025-11-16
    status Active 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

20. 2025-11-16
    status Active 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

21. 2025-11-16
    status Active

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

22. 2025-11-15
    historical Active Under Contract 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

23. 2025-11-15
    historical Keep Showing-Contgcy Appl 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

24. 2025-11-15
    historical Active - Contingent

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

25. 2025-11-15
    listed $250,000 Active 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

26. 2025-11-15
    listed $250,000 Active 465-char remark

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

27. 2025-11-15
    listed $250,000 Active

    Show marketing remark (465 chars)

    Charming home in the sought-after Creston neighborhood, just 5 minutes from downtown! Nicely updated over the years with a new kitchen, boiler and water heater in 2023. Roof has also been updated by the previous owner. Offering great bones and classic character, this home is ready for a little TLC to make it truly your own. A fantastic opportunity to bring your vision to life in a prime location. * This is a short sale. closing could take longer than normal. *

28. 2024-03-12
    soldstatus $278,650
29. 2024-03-08
    soldstatus $278,650 Sold
30. 2024-03-08
    soldstatus $278,650 Closed
31. 2024-03-08
    soldstatus $278,650 Sold
32. 2024-01-17
    status Pending
33. 2024-01-17
    status Pending
34. 2024-01-17
    status Pending
35. 2024-01-10
    price $269,900
36. 2024-01-09
    price $269,900
37. 2024-01-09
    price $269,900
38. 2023-12-06
    listed $279,900 Active
39. 2023-12-06
    listed $279,900 Active
40. 2023-12-06
    listed $279,900 Active
41. 2023-07-12
    soldstatus $150,000
42. 2015-01-29
    historical
43. 2004-01-07
    soldstatus $100,000
44. 2004-01-07
    soldstatus $100,000
45. 2003-10-31
    listed $99,900
46. 2003-10-31
    listed $99,900
47. 1991-03-28
    soldstatus $46,000
48. 1991-02-04
    listed $47,900
49. 1990-08-22
    historical
50. 1990-05-22
    listed $47,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $3,591 · $299/mo
• Projected year-2 tax: $3,591 · $299/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,750
• − Mortgage interest: −$12,603
• − Property taxes: −$3,591
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,140
• − Management: −$2,140
• − Depreciation: −$6,545
• Taxable loss: −$1,395
• Est. tax savings @ 24.0%: +$335
• After-tax cash flow: $2,592/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Grand Rapids Public Schools
• NCES district ID: 2616440
• Math proficiency: 15% ▼ -5.00%
• Reading proficiency: 29% ▼ -1.00%
• Median HH income: $40,612
• Composite: 18.62/100
• National rank: #8899
• State rank: #451 of 540 in MI

Livability — Grand Rapids

• Score: 83/100
• State rank: #44
• US rank: #939

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment C- Housing A+ Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Grand Rapids, MI
• County: Kent County · 533,805 people
• City population: 181,325
• Metro: Grand Rapids-Kentwood, MI
• Population (ZIP): 32,426
• Household income: $74,906
• Rent vs Own: 34.3% rent · 65.7% own
• Severe rent burden: 1330.0

Population outlook (Kent County) Hauer SSP2

• Today (2025): 712,484 people
• By 2030: 748,618 · +5.1%
• By 2040: 814,777 · +14.4%
• By 2050: 868,556 · +21.9%
• By 2075: 966,487 · +35.7%
• By 2100: 967,975 · +35.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Black 14% Two or more races 11% Hispanic / Latino 8% Asian 3%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Iranian 12% Romanian 8% Italian 3%
• Foreign-born: 6% · Canada, China, Vietnam
• Languages at home: 92% English-only · Spanish 3% Chinese 1% Other Indo-European 1%

Political lean MEDSL · Kent

• 2024 margin: Lean D (+5.4) · D 51.8% · R 46.5% · Other 1.7%
• 2008→2024 swing: +4.8pp toward D · 2008: 0.5pp · 2024: 5.4pp
• All cycles: 2024: D+5.4 2020: D+6.1 2016: R+3.1 2012: R+7.9 2008: D+0.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -324.57%
• Current HPI: 306.797
• Rent YoY: ▲ 4.55%
• Metro: Grand Rapids-Kentwood, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+369.7% since first listed

51 events — show timeline

• 2026-05-03 Pending — MiRealSource-MiMLS
• 2026-05-03 Pending — REALCOMP
• 2026-05-03 Pending — SW Michigan MLS
• 2026-05-01 Price Changed $225,000 MiRealSource-MiMLS
• 2026-04-30 Relisted — REALCOMP
• 2026-04-30 Relisted — MiRealSource-MiMLS
• 2026-04-30 Price Changed $225,000 REALCOMP
• 2026-04-30 Relisted — SW Michigan MLS
• 2026-04-30 Price Changed $225,000 SW Michigan MLS
• 2026-01-10 Pending — MiRealSource-MiMLS
• 2026-01-10 Pending — REALCOMP
• 2026-01-10 Pending — SW Michigan MLS
• 2026-01-05 Price Changed $210,000 MiRealSource-MiMLS
• 2026-01-04 Price Changed $210,000 REALCOMP
• 2026-01-04 Price Changed $210,000 SW Michigan MLS
• 2025-12-02 Price Changed $235,000 MiRealSource-MiMLS
• 2025-12-01 Price Changed $235,000 REALCOMP
• 2025-12-01 Price Changed $235,000 SW Michigan MLS
• 2025-11-16 Relisted — MiRealSource-MiMLS
• 2025-11-16 Relisted — REALCOMP
• 2025-11-16 Relisted — SW Michigan MLS
• 2025-11-15 Contingent — REALCOMP
• 2025-11-15 Contingent — MiRealSource-MiMLS
• 2025-11-15 Contingent — SW Michigan MLS
• 2025-11-15 Listed $250,000 REALCOMP
• 2025-11-15 Listed $250,000 SW Michigan MLS
• 2025-11-15 Listed $250,000 MiRealSource-MiMLS
• 2024-03-12 Sold (Public Records) $278,650 Public Records
• 2024-03-08 Sold (MLS) $278,650 SW Michigan MLS
• 2024-03-08 Sold (MLS) $278,650 MiRealSource-MiMLS
• 2024-03-08 Sold (MLS) $278,650 REALCOMP
• 2024-01-17 Pending — MiRealSource-MiMLS
• 2024-01-17 Pending — REALCOMP
• 2024-01-17 Pending — SW Michigan MLS
• 2024-01-10 Price Changed $269,900 MiRealSource-MiMLS
• 2024-01-09 Price Changed $269,900 REALCOMP
• 2024-01-09 Price Changed $269,900 SW Michigan MLS
• 2023-12-06 Listed $279,900 SW Michigan MLS
• 2023-12-06 Listed $279,900 MiRealSource-MiMLS
• 2023-12-06 Listed $279,900 REALCOMP
• 2023-07-12 Sold (Public Records) $150,000 Public Records
• 2015-01-29 Listing Removed — SW Michigan MLS
• 2004-01-07 Sold (MLS) $100,000 REALCOMP
• 2004-01-07 Sold (MLS) $100,000 SW Michigan MLS
• 2003-10-31 Listed $99,900 REALCOMP
• 2003-10-31 Listed $99,900 SW Michigan MLS
• 1991-03-28 Sold (MLS) $46,000 REALCOMP
• 1991-02-04 Listed $47,900 REALCOMP
• 1990-08-22 Listing Removed — REALCOMP
• 1990-05-22 Listed $47,900 REALCOMP
• 1990-05-22 Listed $47,900 SW Michigan MLS

Property tax history

+6.0%/yr

Latest (2025): $3,591 · +4.9% YoY. Source: county tax records.