945 Sheridan Avenue SW, Grand Rapids, MI 49503

New Listing
$309,000
Property Type: Multi Family Status: Active
Current Price: $309,000 List Date: 8/14/2026 Last Modified: 8/14/2026

Overview

Description

Multi-unit investment property in Grand Rapids offering solid income-producing potential. This 2 unit building provides an excellent platform for ownership-focused buyers seeking diversified real estate assets. The configuration allows for multiple revenue streams while maintaining a single, manageable property. Positioned in Michigan's second-largest city, this holding delivers both practical utility and long-term appreciation prospects for discerning investors.

Listing Details MLS# 26042672

Location Property Info

County
Kent
Street #
945
Street Name
Sheridan
Suffix
Avenue
Post Direction
SW
State
MI
Zip Code
49503
Zip (4)
5056

General Property Info

Lot Measurement
Acres
Lot Dimensions
40x115
Year Built
1911
New Construction
No
Financial Comments
0 Pts/0 Reps
Cert of Compliance
No
Road Frontage
40
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Parking Spaces
2
Waterfront
No
School District
Grand Rapids
Basement
Yes

Tax Info

Tax ID #
41-13-36-334-021
Taxable Value
27631
SEV
79300
For Tax Year
2025
Tax Year
2025
Spec Assessment & Ty
N/A
Zoning
Res
Seller's Annual Property Tax
0
Homestead %
0

Access Feat

Accessibility Features
No

Income and Expenses

Gross Op. Inc.
11400

More Information

Unit 1

Unit Description
lower
Occupied
No
Monthly Rent
1000
Bathrooms
Yes
Full Baths
Yes

Unit 2

Unit #
2
Unit Description
upper
Occupied
No
Monthly Rent
1000
Bathrooms
Yes
Full Baths
Yes

Location & Property Info

Cross Streets
Beacon St.
Property Sub-Type
2 to 4 Units
Municipality
City of Grand Rapids

Office/Contract Info

On-Market Date
2026-08-13
Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
Multi-unit investment property in Grand Rapids offering solid income-producing potential. This 2 unit building provides an excellent platform for ownership-focused buyers seeking diversified real estate assets. The configuration allows for multiple revenue streams while maintaining a single, manageable property. Positioned in Michigan's second-largest city, this holding delivers both practical utility and long-term appreciation prospects for discerning investors.
Legal
LOT 5 BLK 1* CAULFIELD S SUBDIVISION* OF CAULFIELD S SECOND ADDITION

Street Type

Unpaved
Yes

Util Avail at Street

None
Yes

Utilities Attached

Electricity Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Laundry Features

None
Yes

Exterior Material

Vinyl Siding
Yes

Roofing

Other
Yes

Heat Source

Electric
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

None
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Driveway

Unpaved
Yes

Substructure

Michigan Basement
Yes

Owner Pays

Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: None Exterior Material: Vinyl Siding Roofing: Other Substructure: Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected Util Avail at Street: None Owner Pays: Sewer; Water Tenant Pays: Electric; Gas Heat Source: Electric Heat Type: Forced Air Air Conditioning: None Driveway: Unpaved Street Type: Unpaved Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None
IDX
Listing Office: Coldwell Banker Woodland Schmidt
Listing Agent: JJ Lozano
Source MLS Verified
Last Updated: August - 14 - 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.