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1951 Ridgewood Avenue SE City of Grand Rapids, MI $ 455,000
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$ 455,000 Get more info
1951 Ridgewood Avenue SE
$ 455,000
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Share Save

1951 Ridgewood Avenue SE

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

Monthly Estimate*

$ 2,802

1951 Ridgewood Avenue SE, City of Grand Rapids, MI 49506 - Image 1
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1951 Ridgewood Avenue SE, City of Grand Rapids, MI 49506 - Image 9
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1951 Ridgewood Avenue SE, City of Grand Rapids, MI 49506 - Image 24
Studio Multi-Family Home for sale in City of 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

MultiFamily

Lot Size

0.43

Year Built

1978

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026004179
Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials AluminumSiding Brick
Year Built 1978
Property Subtype MultiFamily
Tax Year 2025
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Pending
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7916.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered 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
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features InBasement
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Exterior
Water Source Public
Total Parking 2.0
Lot Size Area 18600.0
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
Bradley W Kidder

Listing Agent

The Local Element

Broker

(269) 945-7323

Phone

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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/5/2026$455,000 Listed Price

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1951 Ridgewood Avenue SE, City of 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 City of Grand Rapids, MI

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