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    507 Glenwood Ave SE Grand Rapids, MI 49506

    New
    For Sale
    $505,000

    MULTI_FAMILY - Grand Rapids, MI

    Lot size:
    0.15 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 507 Glenwood Ave SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement
    Bedrooms
    6
    APN
    41-14-32-234-020
    Parking
    2
    Basement
    Full
    Lot size
    0.15 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1926
    Number of units
    2
    Building materials
    Brick, Stucco

    Greenridge Realty Inc. (616) 974-5042 [email protected]

    Listing agent Steven J Buck (616) 288-3244

    Listing date Dec 3, 2025

    MLS# 25055950 Listing URL

    Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Eastown Duplex: Investment Opportunity

    This well-maintained brick and stucco duplex is located in Eastown, Grand Rapids, one block from East Grand Rapids. The property features a newer roof, newer mechanical systems, updated service panels, and many new windows. Both units are metered separately and have separate entrances, 1.5 bathrooms, and hardwood floors throughout. The owner's unit includes a sliding door that opens onto a deck and landscaped backyard. The property also features a two-stall garage, concrete driveway, and off-street parking. Situated on a 0.15-acre lot, this duplex presents an opportunity for either owner-occupancy or investment. The property is located on Glenwood Avenue SE, in Grand Rapids, MI. The property is located on a quiet street. The intended use of the property is for residential income. Market rates for a 3 bedroom apartment in the Eastown area are between $1700 and $2,000, per month, plus utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.630761
    Latitude
    42.953351

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    FAQs

    What type of property is this?
    Duplex - Well-maintained Eastown duplex, ideal for owner-occupancy or investment.
    Where is this duplex located?
    The property is located at 507 Glenwood Ave SE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $505,000.
    What are key features of this property?
    This property features: - Prime Eastown location: One block from Eastown amenities and close to East Grand Rapids.; - Well-maintained duplex: Newer roof, newer mechanical systems, updated service panels, and many new windows.; - Two separate units: Each unit has separate entrances, 1.5 bathrooms, and is separately metered.
    (616) 288-3244
    Request Owner's contact information
    507 Glenwood Ave SE Grand Rapids, MI 49506
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    Grand Rapids, MI 49506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507 Glenwood Ave SE Grand Rapids, MI 49506
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