$343,800
- 5 Beds
- 4 Baths
- 2,796 sqft (on 0.30 acres)
515 E Grove St, Midland, MI 48640
Est. Refi. Payment $2,291/mo*
Refinance Your HomeCurrently Off Market - Sold May 29, 2024 for $312,000
Home Value
Trulia Estimate
$344KSince last month
Decreased$5K (-1.4%)Since last year
Increased$14K (+4.1%)Since last sale
Increased$34K (+10.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +64% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $346K |
| August 2026 | $345K |
| July 2026 | $351K |
| June 2026 | $343K |
| May 2026 | $340K |
| April 2026 | $341K |
| March 2026 | $338K |
| February 2026 | $338K |
| January 2026 | $332K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $350,000 | 02/11/26 | 4 | 4 | 9,999 | |
0.69 | Multi-Family Home | $250,000 | 12/12/25 | 4 | 4 | 1,920 | |
0.32 | Multi-Family Home | $180,000 | 04/17/26 | 2 | 2 | 1,350 | |
1.34 | Multi-Family Home | $277,500 | 12/18/25 | 6 | 4 | 2,816 | |
1.26 | Multi-Family Home | $199,000 | 09/04/25 | 4 | 2 | 1,534 | |
1.38 | Multi-Family Home | $199,000 | 09/04/25 | 4 | 2 | 1,534 | |
1.62 | Multi-Family Home | $122,500 | 05/15/26 | 3 | 1 | 2,379 | |
2.00 | Multi-Family Home | $285,000 | 12/02/25 | 4 | 4 | 1,920 | |
2.00 | Multi-Family Home | $285,000 | 12/02/25 | 4 | 4 | 1,920 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $160,100 | 3 | 1 | 1,044 | Off Market | |
0.08 | $298,600 | 4 | 4 | 2,519 | Off Market | |
0.04 | $199,000 | 5 | 3 | 2,024 | For Sale | |
0.09 | $434,600 | 6 | 7 | 4,430 | Off Market | |
0.06 | $220,900 | 3 | 1.5 | 1,836 | Off Market | |
0.06 | $209,000 | 3 | 2 | 1,108 | Recently Sold | |
0.09 | $187,900 | 3 | 1 | 1,166 | Off Market | |
0.09 | $137,500 | 5 | 2.5 | 2,154 | Recently Sold | |
0.07 | $196,200 | 2 | 1.5 | 1,394 | Off Market | |
0.13 | $224,600 | 5 | 2 | 1,200 | Off Market | |
0.13 | $160,000 | 3 | 1 | 1,098 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1890
Lot Size
0.3 acres
Living Area
2,796 sqft
Price/Sqft
$123
About this House
Average monthly revenue of $4,035. Welcome to your next investment venture! This meticulously maintained four-unit property is a golden opportunity for savvy investors. With all units currently occupied, you'll enjoy immediate returns on your investment. Inside, three out of the four units have been tastefully updated with new flooring, fresh paint, and modernized bathrooms. With new lighting fixtures throughout, these units shine with contemporary charm, attracting quality tenants and maximizing rental income. Step outside and admire the newer installed roof, ensuring durability and peace of mind for years to come. The front porch, crafted from low-maintenance Trex material, adds to the property's curb appeal while reducing maintenance hassles. Plus, the freshly painted exterior gives the building a crisp, inviting look that tenants and locals alike will appreciate. The upgrades don't stop there! A brand-new storage shed provides convenient storage space, while a new boiler and oversized hot water tank ensure efficient operation and lower utility costs. There's more! This property offers additional income potential with a shared basement featuring coin laundry facilities. That's right, sit back and watch as the coin-operated machines generate steady income month after month. Located in a desirable area, this property promises steady rental income and long-term appreciation. Don't miss out on this lucrative investment opportunity – schedule your viewing today!
515 E Grove St, Midland, MI 48640 is a 5 bedroom, 4 bathroom, 2,796 sqft multi-family built in 1890. It last sold for $312,000 on May 29, 2024 (4% below the $325,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $343,800, with a rent estimate of $1,232/month.
Last check for updates: about 3 hours ago
Listed by Bryan Gardner
Ayre Rhinehart Real Estate Partners
Bought with: Denise Vinson, Century 21 Signature Realty Midland
Source: MIDMLS, MLS#50140991

Home Details for 515 E Grove St
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Interior Details Basement: Block,Common,Full |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 2796 Square Feet |
Appliances & Utilities Appliances: Range/Oven, Refrigerator, Gas Water HeaterLaundry: Lower LevelRefrigerator |
Heating & Cooling Heating: BoilerHas HeatingHeating Fuel: Boiler |
Fireplace & Spa No Fireplace |
Gas & Electric Gas: Natural Gas |
Levels, Entrance, & Accessibility Levels: More than 2 Stories |
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Exterior Home Features Patio / Porch: PorchOther Structures: Shed(s)Exterior: Sidewalks, Street LightsFoundation: Basement |
Parking & Garage No GarageParking: 3 or More Spaces |
Frontage Road Frontage: City/CountyNot on Waterfront |
Water & Sewer Sewer: Public Sanitary |
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Cumulative Days on Market: 5 |
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Year Built Year Built: 1890 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, 1 to 4 Units |
Property Information Parcel Number: 141650034 |
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Price List Price: $325,000Price Range: $312,000 - $325,000 |
Status Change & Dates Off Market Date: Wed May 08 2024 |
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MLS Status: Closed |
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Direction & Address City: MidlandCommunity: Carpenter's Addition to The City of Midland |
School Information Elementary School District: Midland Public SchoolsJr High / Middle School District: Midland Public SchoolsHigh School District: Midland Public Schools |
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Building Area Building Area: 2796 Square Feet |
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Community Features: Laundry Facility |
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Lot Area: 0.30 acres |
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Listing Terms: Cash, Conventional |
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Business Information Ownership: LLC |
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BasementMls Number: 50140991 |
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Laundry Facility |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 29, 2024 Source: MIDMLS #50140991 | Sold | $312,000 |
May 8, 2024 Source: MIDMLS #50140991 | Pending | $325,000 |
May 3, 2024 Source: MIDMLS #50140991 | Listed For Sale | $325,000 |
Aug 30, 2019 Source: N/A | Sold | $159,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,638 | $230,800 |
Home facts updated by county records
Market trends in Midland
Last updated July 2026
Avg. sale price
$268K
$22.42KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$163
$5MoM
Available listings
213
24MoM
Around this home
What Locals Say about Midland
At least 318 Trulia users voted on each feature.
92 % Say car is needed
88 % Say parking is easy
88 % Say it's dog friendly
80 % Say people would walk alone at night
80 % Say yards are well-kept
78 % Say kids play outside
74 % Say there's holiday spirit
73 % Say there are sidewalks
67 % Say it's quiet
61 % Say there's wildlife
59 % Say streets are well-lit
57 % Say neighbors are friendly
45 % Say they plan to stay for at least 5 years
33 % Say it's walkable to restaurants
29 % Say it's walkable to grocery stores
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Frequently asked questions about 515 E Grove St
- What is 515 E Grove St estimated to be worth?Trulia's estimated value for 515 E Grove St in Midland, MI is $343,800.
- What is the price history for 515 E Grove St?515 E Grove St in Midland, MI last sold for $312,000 in May 2024.
- Is Midland a buyer's or seller's market?Midland is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Midland?The median sale price in Midland is $268K. That is up $22.42K from the prior month.
- Does 515 E Grove St have laundry facilities?Yes, 515 E Grove St in Midland, MI has laundry facilities.
- Does 515 E Grove St have parking?Yes, 515 E Grove St in Midland, MI has on-site parking.