$455,000
Grand Rapids, MI 49506
MLS# 26004179

1 / 24
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
Documents
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: Active
Current Price: $455,000
List Price: $455,000
Listing Date: 2026-02-05
General Property Info
Lot Measurement: Acres
Lot Square Footage: 18600
Lot Acres: 0.43
Lot Dimensions: 133x140
Year Built: 1978
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-12-05
Road Frontage: 133
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-18-03-452-020
Taxable Value: 153329
SEV: 172500
For Tax Year: 2025
Seller's Annual Property Tax: 7916
Tax Year: 2025
Spec Assessment & Ty: NO
Zoning: RESIDENTIAL
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1951
Unit Description: Month to Month
SqFt: 1500
Occupied: Yes
Monthly Rent: 1800
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 1953
Unit Description: Unoccupied
SqFt: 1500
Occupied: No
Monthly Rent: 1800
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
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
Listing Office: The Local Element
Listing Agent: Bradley Kidder
Last Updated: February - 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.

Lead Based Paint Disclosure