Foreclosure for Sale on Prospect Ave SE, Grand Rapids, MI 49507

Foreclosures โ€บ Michigan โ€บ Kent โ€บ Grand Rapids โ€บ Prospect Ave SE
Bank-owned REO foreclosure property at Prospect Ave SE, Grand Rapids, MI 49507. Kent County foreclosure listing.
Foreclosure (REO) Active 75 days on market
Prospect Ave SE, Grand Rapids, MI 49507
Price TBD
Kent County ยท Michigan
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Property details
Listing type Foreclosure
Property type SingleFamily
County Kent County
State Michigan
ZIP 49507
Days on Market 75 days
Listing ID 65814558
About this property

This Grand Rapids, MI property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

๐Ÿ“Š Kent County Market ยท Updated daily
Active Listings
579
Avg. Est. Value
$338,350
Bank-Owned (REO)
55
Pre-Foreclosures
524

310 active foreclosure listings in Grand Rapids, MI.

Browse all Kent County foreclosures โ†’
โ“ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Kent County foreclosures for additional guidance on the purchase process.
There are currently 310 active foreclosure listings in Grand Rapids, MI. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Grand Rapids, MI Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 49507 ยท U.S. Census ACS
Population
39,899
Median Age
29.7 yrs
Households
13,174
Median Household Income
$52,887
Median Home Value
$161,000
Median Rent
$1,073/mo
Owner-Occupied
61% of homes
Vacancy Rate
4% of units
Unemployment Rate
6.6%

~14% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 49507
๐Ÿซ Elementary
Brookside Elementary
Grades Pre-Kโ€“5ยทGRAND RAPIDS ZIP 49507
๐Ÿซ Middle
Alger Middle School
Grades 6โ€“8ยทGRAND RAPIDS ZIP 49507
Burton Middle School
Grades 6โ€“8ยทGRAND RAPIDS ZIP 49507
๐ŸŽ“ High
Covenant High School Grand Rapids Charter
Grades 9โ€“12ยทGRAND RAPIDS ZIP 49507

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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๐Ÿ“ Nearby Foreclosures
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