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
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
Listing Office: Coldwell Banker Woodland Schmidt
Listing Agent: JJ Lozano
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.
