Amazing Investment Opportunity in the Heart of Grand Rapids! Welcome to 510 Woodlawn St SE, a meticulously maintained duplex offering an incredible opportunity for both seasoned and first-time investors. Steps away from the heart of the Madison neighborhood & Alexander park, this location makes for an exceptional investment. The upper 3 bedroom unit is currently leased, with both units historically bringing in $1,350/month each, and the property comes with a valid Certificate of Compliance, making it a true turn-key investment. The upper unit is occupied by exceptional tenants who care for the home like it's their own. Showings require a 24 hour notice. This property checks all the boxes: strong rental income, great condition, and compliance-ready. Showings require 24 hours notice. Don't miss out on this opportunity to add an exceptional duplex to your portfolio!
Active
Price cut: $10K (6/17)
$289,900
510 Woodlawn St SE, Grand Rapids, MI 49507
5beds
2baths
1,800sqft
Est.:
2 to 4 Units
Built in 1900
-- sqft lot
$286,800 Zestimate®
$161/sqft
$-- HOA
What's special
- 37 days
- on Zillow |
- 544 |
- 41 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 11:18am
Listed by:
Taylor Macias 517-488-2280,
Keller Williams GR East 616-575-1800,
Alexander Macias 616-368-4132,
Keller Williams GR East
Source: MichRIC,MLS#: 25026238

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 2
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 40 x 125
Details
- Parcel number: 411431456003
- Zoning description: TN-LDR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $45,094
- Annual tax amount: $2,268
- Date on market: 6/4/2025
- Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
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