$454,000
Grand Rapids, MI 49506
MLS# 26004179
Status: Sold
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Property Description
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.
Details
Maps
Documents
Location & Property Info
Cross Streets: Ridgewood and Burton
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 133x140
Road Frontage: 133
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-12-05
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 18600
Lot Acres: 0.43
Year Built: 1978
Tax Info
Taxable Value: 153329
SEV: 172500
For Tax Year: 2025
Seller's Annual Property Tax: 7916
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: NO
Zoning: RESIDENTIAL
Tax ID #: 41-18-03-452-020
Remarks & Misc
Public Remarks: 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.
Legal: S 140 FT OF LOT 274* HAMPSHIRE HIGHLANDS
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Laundry Features
In Basement: 1
Exterior Material
Aluminum Siding: 1
Brick: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Substructure
Full: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 1951
Unit Description: Month to Month
SqFt: 1500
Occupied: Yes
Monthly Rent: 1800
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Central Air: 1
Unit 2
Unit #: 1953
Unit Description: Unoccupied
SqFt: 1500
Occupied: No
Monthly Rent: 1800
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
Central Air: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 1951
Street Name: Ridgewood
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 5030
OfficeContract Info
Status: Sold
Current Price: $454,000
List Price: $455,000
Listing Date: 2026-02-05
Status Change Info
Under Contract Date: 2026-02-11
Sold Date: 2026-03-06
Sold Price: $454,000
Property Features
Laundry Features: In Basement
Exterior Material: Aluminum Siding; Brick
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Terms Available: Cash; Conventional; FHA
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Central Air
Unit 2: Central Air
Lead Based Paint Disclosure 
Listing Office: The Local Element
Listing Agent: Bradley W Kidder
Last Updated: March - 08 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.