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Kristine Ludy

kristine@realtorsinmichigan.com +1(248) 704-9922

$249,900

Est. payment - /mo

4,792 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26016781

Year Built 1900

Annual Tax Amount $2,328

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 40x125

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

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!

Location

State MI

County Kent

Direction East from US-131 on Hall Left on Madison Right on Woodlawn

Rooms

Basement Full

Interior

Heating Forced Air

Laundry In Basement

Exterior

Parking Features Concrete, Driveway, Gravel

Utilities Available Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 3

Building

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-31-456-003

Acceptable Financing VA Loan, MSHDA, FHA, Cash, Conventional

Listing Terms VA Loan, MSHDA, FHA, Cash, Conventional

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Listed by Keller Williams GR East

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Kristine Ludy

+1(248) 704-9922

Agent | License ID: 6501431660

Agent License ID: 6501431660

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510 Woodlawn SE Street Grand Rapids, MI 49507

Kristine Ludy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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510 Woodlawn SE Street