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  • $234,000

    510 Woodlawn St SE, Grand Rapids, MI 49507

    5beds
    2baths
    1,800sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $235,200 Zestimate®
    $130/sqft
    $1,542 Estimated rent

    Home value

    $235,200

    $223,000 - $247,000

    $1,542/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Taylor Macias 517-488-2280,

    Keller Williams GR East,

    Alexander Macias 616-368-4132,

    Keller Williams GR East

    Bought with:

    Giovanni Gonzalez Galindo, 6501444121

    Bellabay Realty LLC

    Source: MichRIC,MLS#: 26016781MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Driveway, Gravel
    Lot
    • Size: 4,791 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

    • Utilities for property: Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $130/sqft
    • Tax assessed value: $46,311
    • Annual tax amount: $2,328
    • Date on market: 4/21/2026
    • Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/18/2026Sold$234,000-6.4%$130/sqft
    Source: MichRIC #26016781 Report a problem
    4/29/2026Pending sale$249,900$139/sqft
    Source: MichRIC #26016781 Report a problem
    4/23/2026Listed for sale$249,900-13.8%$139/sqft
    Source: MichRIC #26016781 Report a problem
    8/6/2025Listing removed$289,900$161/sqft
    Source: MichRIC #25026238 Report a problem
    6/17/2025Price change$289,900-3.3%$161/sqft
    Source: MichRIC #25026238 Report a problem
    6/4/2025Listed for sale$299,900+122.1%$167/sqft
    Source: MichRIC #25026238 Report a problem
    1/5/2018Sold$135,000-1.4%$75/sqft
    Source: Public Record Report a problem
    10/31/2017Price change$136,900-0.1%$76/sqft
    Source: United Realty Services LLC #17053582 Report a problem
    10/27/2017Listed for sale$137,000+123.9%$76/sqft
    Source: United Realty Services LLC #17053582 Report a problem
    9/15/2016Sold$61,200-1.3%$34/sqft
    Source: Public Record Report a problem
    7/6/2016Listed for sale$62,000+26.4%$34/sqft
    Source: Coldwell Banker AJS (Rock) #16034171 Report a problem
    1/19/2007Sold$49,050-27.3%$27/sqft
    Source: Public Record Report a problem
    4/21/2006Sold$67,500+211.9%$38/sqft
    Source: Public Record Report a problem
    2/24/2006Sold$21,642$12/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,268 $99,500 +8.2%
    2024-- $92,000 +50.1%
    2021$1,984 $61,300 +17%
    2020$1,984 +3.2%$52,400 +18.3%
    2019$1,923 $44,300 +22%
    2018-- $36,300 +19%
    2017$1,412 $30,500 +13%
    2016$1,412 $27,000
    2015$1,412 +5%$27,000 +0.7%
    2013$1,345 $26,800 -18%
    2011-- $32,700 -13.3%
    2010-- $37,700 -6.5%
    2009-- $40,300 +4.9%
    2007-- $38,400 -5.7%
    2006-- $40,700 +117.1%
    2005-- $18,749 +3.3%
    2004-- $18,151 +2%
    2002-- $17,796 +3.2%
    2001-- $17,245
    Find assessor info on the county website

    Neighborhood: Madison Area

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $235,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $235,200