Recently Listed New Construction 500 Umatilla Street SE
Grand Rapids, MI, 49507 $ 235,000
Bedrooms2 Baths1.1 Sq 1,224 Monthly Estimate*
$ 1,623
for $235,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,224 square foot home was built in 2026 on a lot size of 0.06.
Brand-new construction and an incredible opportunity for income-qualified buyers! This inviting 2-bedroom, 1.5-bath home features an open-concept living, dining and kitchen area, recessed lighting, and individual mini-split heating and cooling units for personalized comfort. Upstairs, the primary bedroom offers two spacious closets, while the second bedroom includes an impressive walk-in closet. Enjoy a covered front porch, rear deck, landscaped front and back yards, and off-street driveway parking. The full unfinished basement offers room to expand, with an existing egress window for a potential third bedroom and plumbing rough-ins for a future full bathroom. Offered at $235,000 through an income-restricted homeownership program. Household income must be at or below 80% of Area Median Income (AMI); homebuyer education, financing and other eligibility requirements apply. Down payment assistance is available to qualified buyers. Schedule your showing today! This property is offered through LINC UP's affordable homeownership program and is subject to buyer eligibility requirements. Household income must not exceed 80% of Area Median Income (AMI), based on household size. Income eligibility is determined using applicable program guidelines and includes qualifying income from household members. Buyers must complete an approved homebuyer education course, obtain mortgage financing, and contribute a minimum of 1% of the purchase price ($2,350) from their own funds. A completed LINC UP homebuyer application and supporting eligibility documentation are required. Down payment assistance may be available through participating lenders or other programs, subject to qualification and funding availability. This property was developed with HOME program funds and may be subject to additional affordability, occupancy, and resale restrictions. Buyers and their agents should review all applicable program requirements and restrictions before submitting an offer. Contact the listing agent for program information, application instructions, and additional documentation.
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FeaturesGeneralSewer Public
Heating Ductless Heat Pump
Cooling Ductless
Possession Close Of Escrow
Appliances Dishwasher Microwave Range Refrigerator
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 2026
Stories Count 2
Township Grand Rapids Twp
Property Subtype Single Family Residence
Tax Year 2026
Ownership Corporate Owned
County Kent
New Construction true
Property Type Residential
Garage Y/N false
Total Rooms 4
Full Baths 1
Status Active
City Grand Rapids
High School District Grand Rapids
Lot Size Units Acres
Lot Size Square Feet 2396
Listing Terms Cash FHA VA Loan MSHDA Conventional
Tax Annual Amount 3454.41
Standard Status Active
Tax Assessed Value 69900
Legal Description N 1/2 OF W 34 FT OF LOT 13* AIKIN S ADDITION
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InteriorBasement Full
Flooring Carpet Wood
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features Gas Dryer Hookup In Basement Washer Hookup
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 0
Total Baths 2
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ExteriorWater Source Public
Lot Size Area 0.06
Building Area Total 1224
Lot Dimensions 34x70ft
Lot Size Acres 0.06
Waterfront Y/N false
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* Excluded FeaturesList ByContinental Realty Of West Michigan By Maria SaucedoBroker
f.l.rodriguez@outlook.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,623
- Monthly Property Taxes
- $288
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Grand Rapids, MI
Average List Price $397,122
Percent of Sale Price 69%
About Grand Rapids, MI 199,553 Population
1% Since 2002
$ 43,558 Median Income
34 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/2/2026 | $235,000 | | Listed Price |