240 Union Avenue Grand Rapids, MI $ 449,900
240 Union Avenue
$ 449,900
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240 Union Avenue

Grand Rapids, MI, 49503
$ 449,900
Baths0.0 Sq 3,481

Monthly Estimate*

$ 2,770

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $449,900. This 3,481 square foot home was built in 1890 on a lot size of 0.15.

Excellent owner-occupied or investment opportunity in the heart of Heritage Hill! This classic duplex offers historic charm and strong income potential, with one unit already rented at $1,900/month to excellent long-term tenants and the other unit primed to immediately rent at a similar pricepoint. Both units are rental certified with the City of Grand Rapids until May of 2031, with the certifications transferable to the new owner. Each spacious 3-bedroom unit features timeless character with rich woodwork and generous living space, along with a full appliance package including dishwasher, range, refrigerator, and garbage disposal. The upper unit includes in-unit laundry, while the lower unit offers dedicated basement laundry, as well as 9-ft ceilings and original pocket doors. Current tenants keep the unit in amazing condition, have never been late on rent, and would love to stay. Enjoy a beautifully maintained yard with vibrant flowers and great curb appeal. Offers Due Monday at 5PM.

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Multi-Family Active

Price

$ 449,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,927

Style

Lot Size

0.15

Year Built

1890

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70526984

Features
General
Heating Forced Air
Status Active Active
Year Built 1890
County Kent
Class MULTIFAMILY
Type Multi-Family
Municipality Grand Rapids
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Grand Rapids (41032)
Primary City Grand Rapids
City Grand Rapids
School District Grand Rapids City School Distric
Financial Terms Cash Conventional FHA VA
Legal Description S 36 FT OF LOT 8 BLK 6 & N 14 FT OF LOT 9 BLK 6* HOLBROOK S ADDITION
DOM 1
Postal Code 49503
Price Per Sq Ft Total AG 129.24
Public Remarks Excellent owner-occupied or investment opportunity in the heart of Heritage Hill! This classic duplex offers historic charm and strong income potential with one unit already rented at $1
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Interior
Basement MI Basement
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Wood
Frontage 50
Lot Size Area 0.15
Lot Dimensions 50 x 132
Roads City/County Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Paul Bunce

Listing Agent

Paul Bunce Real Estate

Broker

paul@paulbunce.com

Email

Affordability Calculator

$3,431
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,770
Monthly Property Taxes
$661
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3147031 Elementary School
3147033 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$449,900 Listed Price

Map


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240 Union Avenue, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $449,900 with 3,481 sqft and a lot size of 0.15. 240 Union Avenue is a studio with 0.0 baths and was built in 1890. The property's zip code is 49503 which is in Grand Rapids, MI