Photos and Property Details for 945 Sheridan Avenue SW, Grand Rapids, MI 49503 (MLS# 26042672).
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$295,000
Grand Rapids, MI 49503
MLS# 26042672
1 / 16
Property 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.
Details
Maps
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: 1
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
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
Income and Expenses
Gross Op. Inc.: 11400
Access Feat
Accessibility Features: No
Unit 1
Unit Description: lower
Occupied: No
Monthly Rent: 1000
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: upper
Occupied: No
Monthly Rent: 1000
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Location Property Info
County: Kent
Street #: 945
Street Name: Sheridan
Suffix: Avenue
Post Direction: SW
State: MI
Zip Code: 49503
Zip (4): 5056
OfficeContract Info
Status: Active
Current Price: $295,000
List Price: $295,000
Listing Date: 2026-08-13
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: September - 04 - 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.