1951 Ridgewood Avenue SE, Grand Rapids, MI 49506

$454,000

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Sold Price
$454,000
List Price
$455,000
Closing Date
Mar 06, 2026
Days on Market
6
MLS#
26004179
Status
SOLD
Type
Multifamily

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.

Additional Information

Owner Pays
Sewer, Water
Taxes
$7,916
Acres
0.43
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
2
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bradley W Kidder from Listing Office: The Local Element.

Selling Agent: Selling Office: .

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