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1951 Ridgewood Avenue SE Grand Rapids, MI $ 455,000
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$ 455,000 Get more info
1951 Ridgewood Avenue SE
$ 455,000
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1951 Ridgewood Avenue SE

Grand Rapids, MI, 49506
$ 455,000
Baths0.0

Monthly Estimate*

$ 2,802

1951 Ridgewood Avenue SE, Grand Rapids, MI 49506 - Image 1
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1951 Ridgewood Avenue SE, Grand Rapids, MI 49506 - Image 12
1951 Ridgewood Avenue SE, Grand Rapids, MI 49506 - Image 13
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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $455,000. This home was built in 1978 on a lot size of 0.43.

Opportunities like this don't come around often. Welcome to 1951 Ridgewood, a turnkey two-unit property offering flexibility for investors and owner-occupants alike. One unit is currently occupied, providing immediate rental income, while the second unit is vacant and ready for your vision. Whether you're looking to renovate for increased cash flow or live in one unit while renting the other, this property offers multiple paths to build equity. Major updates include brand new HVAC and new windows. One unit has been fully renovated with commercial-grade luxury vinyl plank flooring and a completely updated kitchen. The second unit is ready for improvements and added value. Conveniently located near shopping, dining, commuter routes, and Calvin University. Initial showings restricted to the vacant unit. Occupied unit showings available upon request for serious buyers.

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Multi-Family Pending

Price

$ 455,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,916

Style

2 to 4 Units

Lot Size

0.43

Year Built

1978

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26004179
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Aluminum Siding Brick
Year Built 1978
Tenant Pays Electric Trash Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
County Kent
New Construction N
Property Type Multi Family
Status Pending
City Grand Rapids
High School District Grand Rapids
Zoning Description RESIDENTIAL
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 18600.0
Listing Terms FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 7916.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Pending
Tax Assessed Value 153329
Legal Description S 140 FT OF LOT 274* HAMPSHIRE HIGHLANDS
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 0
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Exterior
Total Parking 2.0
Lot Size Area 0.43
Number of Buildings 1
Spa N
Lot Dimensions 133x140
Lot Size Acres 0.43
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1951
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* Excluded Features
List By
The Local Element

Broker

bradkidder@gmail.com

Email

Affordability Calculator

$3,461
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,802
Monthly Property Taxes
$660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/5/2026$455,000 Listed Price

Map

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1951 Ridgewood Avenue SE, Grand Rapids, MI, 49506 is a Multi-Family Home for sale at $455,000 with a lot size of 0.43. 1951 Ridgewood Avenue SE is a studio with 0.0 baths and was built in 1978. The property's zip code is 49506 which is in Grand Rapids, MI

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