Building Details

Year Built 1911

Buildings 1

Units 2

Listing Agency: Coldwell Banker Woodland Schmidt Show Phone

Listed By: JJ Lozano Show Phone

Source: Irishhillsfivestarhomes

Added: Aug 15 Changed: Aug 28 Last Checked: Aug 29 at 10:18AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Woodland Schmidt

Investment Insights

Based on property information with market context.

This duplex contains two residential units within a single building constructed in 1911. The property is located at 945 SW Sheridan Ave in Grand Rapids, Michigan, with a 49503 ZIP code.

Its two-unit configuration provides a straightforward residential income-property format for ownership and management within one structure.

Key Highlights

• Two residential units in one building
• Constructed in 1911
• Located at 945 SW Sheridan Ave, Grand Rapids, MI 49503

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Computer & Electronic Repair (Bike/Boat/Book/etc) Store Law Firm Acupuncture Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

684

Businesses Nearby

Explore this area Business Placement

Demographics for 49503, MI

39,344

Population

19,017

Households

2.1

Avg Household Size

30

Median Age

44%

College-Educated

88%

High-School Grad

7.3 sq mi

ZIP Area

5,390

Density / Sq Mi

$61,734

Median Household Income

$36,694

Median Earnings

$1,207

Median Rent

$224,100

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Built in 1911, the property contains two residential units at a Grand Rapids address.

Where is this duplex located?

The property is located at 945 Sheridan Avenue Grand Rapids, MI.

What is the asking price?

The asking price for this property is $309,000.

What are key features of this property?

This property features: Two residential units in one building; Constructed in 1911; Located at 945 SW Sheridan Ave, Grand Rapids, MI 49503