1040 Madison Avenue SE, Grand Rapids, MI 49507

New Listing
$210,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,413 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $210,000 List Date: 2/21/2026 Last Modified: 2/21/2026

Description

Motivated Seller!! At least one local lender is offering a $15,000 grant with the purchase of this home. Seller is offering a home warranty with purchase as well. Updated and extra roomy 3 bedroom home, currently setup as 2 one bedroom apartments. Kitchenette in 3rd bedroom can be utilized for a savvy house-hacking individual or converted back to a bedroom. This home has all the space you need- large kitchen, dining room, main floor laundry, lots of parking and closet space plus 2 full baths!

More Information MLS# 25058492

Location & Property Info

Cross Streets: Division & Delaware Property Sub-Type: Single Family Residence Area: Grand Rapids - G Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 148.62

General Property Info

New Construction: No Lot Dimensions: 43 x 142 Road Frontage: 43 Garage Y/N: No Fireplace: No Waterfront: No Income Property: No Basement: Yes Total Rooms AG: 8 Total Fin SqFt All Levels: 1413 SqFt Above Grade: 1413 Below Grade Finished SqFt: 0 Below Grade Unfinished SqFt: 728 Building Total SqFt: 1413 Total Beds Above Grade: 3 Main Level Primary: Yes Stories: 2 School District: Grand Rapids Association YN: No Lot Measurement: Acres Lot Acres: 0.14 Lot Square Footage: 6098 Year Built: 1900 Total Bedrooms: 3 Full Baths: 2 Total Baths: 2

Tax Info

Taxable Value: 72788 SEV: 79000 For Tax Year: 2025 Seller's Annual Property Tax: 2431.34 Tax Year: 2025 Homestead %: 100 Spec Assessment & Type: None Zoning: RES Tax ID #: 41-14-31-451-003

Remarks & Misc

Public Remarks: Motivated Seller!! At least one local lender is offering a $15,000 grant with the purchase of this home. Seller is offering a home warranty with purchase as well. Updated and extra roomy 3 bedroom home, currently setup as 2 one bedroom apartments. Kitchenette in 3rd bedroom can be utilized for a savvy house-hacking individual or converted back to a bedroom. This home has all the space you need- large kitchen, dining room, main floor laundry, lots of parking and closet space plus 2 full baths! Legal: PART OF LOT 2 COM AT THE SW COR SD LOT TH N 43 FT E 100 FT N 1 FT E 42.7 FT S 44 FT TH W 142.7 FT TO BEG* FRALICK & WORDEN S ADDITION

Lot Description

Sidewalk: 1

Street Type

Paved: 1 Public: 1

Util Avail at Street

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1

Utilities Attached

Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public: 1

Terms Available

Cash: 1 Conventional: 1 MSHDA: 1

Laundry Features

Main Level: 1

Exterior Material

Aluminum Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Access Feat

Accessibility Features: No

Upper Rooms

Upper Bedrooms: 2 Upper Full Baths: 1 Upper Level Square Feet: 728 Total Baths Above Grade: 2

Main Rooms

Main Bedrooms: 1 Main Full Baths: 1 Main Level SQFT: 975

Lower Rooms

Lower Finished SQFT: 0 Total Lower SQFT: 0

Basement Rooms

Basement Finished SQFT: 0 Total Basement SQFT: 728

Driveway

Paved: 1

Substructure

Michigan Basement: 1

Water Heater

Natural Gas: 1

Architectural Style

Traditional: 1

Possession

Negotiable: 1

Location Property Info

County: Kent Street #: 1040 Street Name: Madison Suffix: Avenue Post Direction: SE State: MI Zip Code: 49507 Zip (4): 1282

OfficeContract Info

Status: Active List Price: $210,000 Current Price: $210,000 Listing Date: 2025-11-14

Remarks Misc

Directions: Division to Delaware St, East to Madison Ave, South to address.

Property Features

Laundry Features: Main Level Exterior Material: Aluminum Siding Roofing: Composition Substructure: Michigan Basement Lot Description: Sidewalk Sewer: Public Sewer Water: Public Utilities Attached: Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet Heat Source: Natural Gas Heat Type: Forced Air Water Heater: Natural Gas Architectural Style: Traditional Driveway: Paved Street Type: Paved; Public Terms Available: Cash; Conventional; MSHDA Possession: Negotiable Sale Conditions: None
Listing Office: 616 Realty LLC
Listing Agent: Catherine J Conklin
IDX
Last Updated: February - 21 - 2026
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