$249,900
MLS# 26016781
1 / 26
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!
Details
Location & Property Info
Cross Streets: College Ave SE & Woodlawn
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: 40x125
Road Frontage: 40
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 3
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4792
Lot Acres: 0.11
Year Built: 1900
Tax Info
Taxable Value: 46311
SEV: 103800
For Tax Year: 2025
Seller's Annual Property Tax: 2328.37
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: TN-LDR
Remarks & Misc
Public Remarks: 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!
Legal: LOT 76* WESTON & LOW S ADDITION
Street Type
Paved: 1
Public: 1
Util Avail at Street
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
MSHDA: 1
VA Loan: 1
Laundry Features
In Basement: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Concrete: 1
Gravel: 1
Substructure
Full: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: Lower
SqFt: 900
Occupied: No
Monthly Rent: 1350
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 900
Occupied: Yes
Monthly Rent: 1350
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
State: MI
Zip Code: 49507
OfficeContract Info
Status: Active
Current Price: $249,900
List Price: $249,900
Listing Date: 2026-04-21
Remarks Misc
Directions: East from US-131 on Hall Left on Madison Right on Woodlawn
Property Features
Laundry Features: In Basement
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Water
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Concrete; Gravel
Street Type: Paved; Public
Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; Sep. Heat System
Unit 2: Range/Oven; Refrigerator; Sep. Heat System
Listing Office: Keller Williams GR East
Listing Agent: Taylor Macias
Last Updated: April - 21 - 2026
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