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Multi-Family: MLS #26016781 Grand Rapids, MI $ 249,900
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Multi-Family: MLS #26016781
$ 249,900
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Multi-Family: MLS #26016781

Grand Rapids, MI, 49507
$ 249,900
Baths0.0

Monthly Estimate*

$ 1,539

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $249,900. This home was built in 1900 on a lot size of 0.11.

Amazing Investment Opportunity in the Heart of Grand Rapids! Welcome to 510 Woodlawn St SE, a meticulously maintained duplex offering a fantastic opportunity for both seasoned and first-time investors. Located just steps from the vibrant Madison neighborhood and Alexander Park, this property sits in a highly desirable and convenient location. The upper 3-bedroom unit is currently leased, with both units historically generating $1,350 per month each. The property also includes a valid Certificate of Compliance, making it a true turnkey investment. The upper unit is occupied by reliable, long-term tenants who take excellent care of the home. This property checks all the boxes with strong rental income, solid condition, and compliance already in place. Don't miss your chance to add this exceptional duplex to your portfolio!

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Multi-Family Active

Price

$ 249,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,328

Style

2 to 4 Units

Lot Size

0.11

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26016781
Features
General
Heating Forced Air
Utilities Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays Electric Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions East from US-131 on Hall Left on Madison Right on Woodlawn
City Grand Rapids
High School District Grand Rapids
Zoning Description TN-LDR
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4792.0
Listing Terms VA Loan MSHDA FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 2328.37
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 46311
Legal Description LOT 76* WESTON & LOW S ADDITION
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 0
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Exterior
Parking Features Concrete Driveway Gravel
Total Parking 3.0
Lot Size Area 0.11
Number of Buildings 1
Spa N
Lot Dimensions 40x125
Lot Size Acres 0.11
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Keller Williams Gr East

Broker

taylormacias@kw.com

Email

Affordability Calculator

$1,733
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$194
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
4/21/2026$249,900 Listed Price

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