Building Details

Year built 1911

Listing Agency: Holland · Coldwell Banker Real Estate c***@schmidtfamilyofcompanies.com Show Phone

Listed By: Yarith Lozano Show Phone

Added: Aug 14 Changed: Aug 19 Last Checked: Aug 21 at 7:06PM

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MLS# 26042672

Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex property contains two dwelling units within a single residential building. The asset is located at 945 Sheridan Avenue SW in Grand Rapids, Michigan, in ZIP Code 49503. Built in 1911, the property is classified as a duplex and is offered for sale as a residential income asset.

Key Highlights

• Two dwelling units within one duplex property
• Built in 1911
• Located at 945 Sheridan Avenue SW, 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Residential income property with two dwelling units in Grand Rapids.

Where is this duplex located?

The property is located at 945 SHERIDAN AVENUE SW 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 dwelling units within one duplex property; Built in 1911; Located at 945 Sheridan Avenue SW, Grand Rapids, MI 49503