510 Woodlawn Street SE, Grand Rapids, MI 49507

$234,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$234,000
List Price
$249,900
Closing Date
May 18, 2026
Days on Market
8
MLS#
26016781
Status
SOLD
Type
Multifamily

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!

Additional Information

Owner Pays
Sewer, Trash Collection, Water
Taxes
$2,328
Acres
0.11
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Tenant Pays
Electricity, Gas
Total Parking Spaces
3
Utilities
Natural Gas Connected, Electricity Connected
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: Taylor Macias from Listing Office: Keller Williams GR East.

Selling Agent: Selling Office: .

© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .