#65025004958, Maria C Saucedo Salas, Listing office: Continental Realty of West Michigan by Maria Saucedo
Property details
About 510 Woodlawn St SE
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'tmiss out on this opportunity to add an exceptional duplex to your portfolio!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.11 Acres
Year built1900
MLS #65025026238
Summary
- Basement: Yes
- Heating: Forced Air, Natural Gas
- List Price: $289,900
- Annual Tax Amount: $2,004
- Tax Year: 2024
- Directions: East from US-131 on Hall Left on Madison Right on Woodlawn
- Year Built: 1900
- Lot Size: 0.11 Acres
- MLS Number: 65025026238
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Keller Williams GR East
- Office Phone: (616) 575-1800
- Listing Agent: Taylor Macias, Alexander Macias
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Last updated on: 7/9/2025, 11:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 05, 2018 | Home Sold | $135,000 |
| Sep 15, 2016 | Home Sold | $61,200 |
| Jan 19, 2007 | Home Sold | $49,050 |
| Feb 24, 2006 | Home Sold | $21,642 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $92,000 | $2,004 |
| 2023 | $81,600 | $2,004 |
| 2022 | $67,800 | $2,004 |
| 2021 | $61,300 | $1,983 |
| 2020 | $52,400 | $1,983 |
| 2019 | $44,300 | $1,836 |
| 2018 | $36,300 | $1,411 |
| 2017 | $34,800 | $1,345 |
History based on county public records data.
Nearby schools
8
Grand Rapids Child Discovery Center
Public Charter KG-5
0.9 mi
•409 Lafayette Ave SE
1
Campus Elementary School
Public District PK-5
1.1 mi
•710 Benjamin Ave SE
2
Buchanan Elementary School
Public District PK-5
1.1 mi
•1775 Buchanan Ave SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,947. The most common annual income of people living in Grand Rapids, MI is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
69%
<35k
31%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
36%
Single, with Kids
9%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
11%
12-17 yrs old
23%
18-34 yrs old
31%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 510 Woodlawn St SE
The listing price of 510 Woodlawn St SE property is $289,900.
The property 510 Woodlawn St SE is a multi located in Grand Rapids, Michigan, 49507.
Active Listing: 510 Woodlawn St SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 510 Woodlawn St SE are: Grand Rapids Child Discovery Center (GreatSchools Rating 8/10), Campus Elementary School (GreatSchools Rating 1/10), Buchanan Elementary School (GreatSchools Rating 2/10), Gerald R Ford Academic Center (GreatSchools Rating 5/10), River City Scholars Charter Academy (GreatSchools Rating 1/10), Dickinson Academy (GreatSchools Rating 2/10), Southeast Career Pathways (GreatSchools Rating 1/10), Covenant House Academy Grand Rapids (GreatSchools Rating 1/10), Hope Academy of West Michigan (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $2,004 (source: MLS/based on county public records data).
The last sale was on January 5, 2018 for $135,000 (source: MLS/tax record).
The year of construction for 510 Woodlawn St SE is 1900.
This home is located at 510 Woodlawn St SE in Grand Rapids, MI and zip code 49507 in the Madison Area neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $289,900.
Grand Rapids, MI housing market in June 2025 saw over 144 listings sold above listed price, more than 48 sold at listed price and over 68 sold below. The inventory of homes for sale in Grand Rapids, MI between May and June 2025 increased by 10.6%. In June 2025 median list price was $310,836 and the average listing age was 16 days.
From Rocket Homes Real Estate and based on county public records data.