$199,900

554 Ethel Ave SE Grand Rapids, MI 49506

$2,374
Closing credit¹
3 beds
1 full
1,540 sqft
0.08 acres
$130 / sqft
House

Property details

About 554 Ethel Ave SE

Here's what you've been waiting for....the perfect flipper, investor, first time homeowner or those-wanting-to-build-sweat-equity-kind-of-home! Located right smack dab in the middle of Eastown. Just steps away from Eastown's vibrant shops, restaurants, and entertainment. This 3 Bedroom, 1 Bath, 1540 Sq Ft has been in the same family for decades. The home is just waiting for right person who will appreciate and restore the original architectural detail including wide trim, wood floors, timeless tiled bath. Please note, the house has cat damage. It is being sold 'as is'. And it is priced to sell! So, bid generously and know with confidence that a home like this only comes along once every 50 years or so. SELLER HAS DIRECTED LA TO HOLD ALL OFFERS UNTIL WEDNESDAY, MAY 28TH AT 3PM.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,540 sqft
BasementYes
Lot size0.08 Acres
Year built1905
ParkingAttached, Concrete, Garage Door Opener, Paved, Garage Faces Side
MLS #65025023529
Attached garage1 space
FireplaceLiving Room, Wood Burning

Summary

  • Full Bathrooms: 1
  • Appliances: Disposal, Dryer, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Wood
  • Fireplace: Living Room, Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Concrete, Garage Door Opener, Paved, Garage Faces Side
  • Exterior: Garden
  • Architectural Style: Traditional
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $199,900
  • Price/SqFt: $129
  • Annual Tax Amount: $1,301
  • Tax Year: 2024
  • Lot: Corner Lot, Level
  • Directions: From Downtown take Wealthy St SE heading East. Turn Right on Ethel. Subject Property in on the left side on the corner of Ethel and Sherman.
  • Year Built: 1905
  • Stories: 2
  • Living Area: 1,540 SqFt
  • Lot Size: 0.08 Acres
  • MLS Number: 65025023529
  • MLS Name: Greater Regional Alliance of REALTORS
  • Office Name: Five Star Real Estate (Eastown)
  • Office Phone: (616) 608-0600
  • Listing Agent: Amy E Miller

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 5:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

554 Ethel Ave SE, Grand Rapids, MI 49506 - traditional style home featuring a front lawn and entry steps

$199,900

554 Ethel Ave SE

$2,374

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$125,800$1,301
2023$115,200$1,301
2022$99,000$1,301
2021$91,500$1,303
2020$86,700$1,303
2019$76,600$1,225
2018$67,600$1,240
2017$66,100$1,153

History based on county public records data.

Nearby schools

1

Campus Elementary School

Public District PK-5

0.3 mi

710 Benjamin Ave SE

8

Wealthy School

Public District PK-5

0.7 mi

1961 Lake Dr SE

3

William C Abney Academy Elementary School

Public Charter KG-6

0.8 mi

1435 Fulton St E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,940. Typical income of Grand Rapids, MI residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

59%
<35k
36%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
40%
18-34 yrs old
27%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 554 Ethel Ave SE

The listing price of 554 Ethel Ave SE property is $199,900.

The property 554 Ethel Ave SE is a house located in Grand Rapids, Michigan, 49506.

Active Listing: 554 Ethel Ave SE is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 554 Ethel Ave SE are: Campus Elementary School (GreatSchools Rating 1/10), Wealthy School (GreatSchools Rating 8/10), William C Abney Academy Elementary School (GreatSchools Rating 3/10), Martin Luther King Leadership Academy (GreatSchools Rating 3/10), River City Scholars Charter Academy (GreatSchools Rating 1/10), East Grand Rapids Middle School (GreatSchools Rating 9/10), East Grand Rapids High School (GreatSchools Rating 10/10), Grand Rapids Learning Center (GreatSchools Rating 5/10), Grand Rapids Montessori Academy (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $1,301 (source: MLS/based on county public records data).

The property at 554 Ethel Ave SE has 3 bedrooms and 1 bathroom.

The property 554 Ethel Ave SE is 1,540 SqFt (source: MLS/tax record).

The year of construction for 554 Ethel Ave SE is 1905.

This home is located at 554 Ethel Ave SE in Grand Rapids, MI and zip code 49506 in the Eastown neighborhood. This 1,540 square foot home, which was built in 1905, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $199,900.

In April 2025, from all listings sold in Grand Rapids, MI there were more than 167 sold above asking price, over 94 sold below and more than 57 were sold right at the asked price. The inventory of homes for sale in Grand Rapids, MI between March and April 2025 increased by 11.4%. Listings spent 21 days on the market in April 2025, and had a median list price of $310,440 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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