940 Monroe Avenue NW # 503 Grand Rapids, MI $ 495,000
940 Monroe Avenue NW # 503
$ 495,000
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940 Monroe Avenue NW # 503

Grand Rapids, MI, 49503
$ 495,000
Bedrooms2 Baths1.0 Sq 1,437

Monthly Estimate*

$ 3,048

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Condo for sale in Grand Rapids, MI

for $495,000 with 2 bedrooms and 1 full bath. This 1,437 square foot condo was built in 1892.

Top-floor living in the highly desirable Boardwalk Condominiums in the heart of downtown Grand Rapids. This move-in ready 2 bed, 1 bath condo blends historic character with modern updates, featuring exposed brick, beamed ceilings, oversized windows and abundant natural light with peaceful courtyard views from the 5th floor. Updated carpet and custom Norman blinds installed in 2026. Kitchen includes Sub-Zero refrigerator drawers and Aga stove. Spacious primary bedroom with large walk-in closet plus a unique sitting room converted from a historic elevator shaft. In-unit laundry and 2 garage parking spaces conveniently located near the entrance. Amenities include rooftop deck, heated pool, year-round jacuzzi, clubhouse, courtyard, 24-hour security, restaurants and dry cleaning. Located along the riverfront near Canal Park, coffee shops, restaurants and downtown attractions in the thriving Monroe North district.

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Condo Active

Price

$ 495,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 5,901

Style

Historic

Year Built

1892

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26021575

Features
Interior
Interior Amenities Center Island
Basement Other
Flooring Wood
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features In Bathroom Main Level
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
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General
Sewer Public
Heating Heat Pump
Cooling Central Air
Possession Negotiable
Roof Rubber
Appliances Dishwasher Dryer Oven Refrigerator Washer
HOA Fee 547.0
Garage Spaces 2.0
Association Fee Includes Water Trash Snow Removal
Architectural Style Historic
Security Features Security System
Construction Materials Brick
Year Built 1892
Stories Count 1
Township City of Grand Rapids
Unit Number 503
Property Subtype Condominium
Tax Year 2026
Assoc Fee Paid Per Monthly
County Kent
New Construction N
Property Type Residential
Association Amenities Clubhouse Laundry Meeting Room Pets Allowed Pool Security Spa/Hot Tub
HOA Y
Attached Garage Y
Garage Y/N Y
Total Rooms 7
Full Baths 1
Status Active
Directions 940 Monroe between Mason and Leonard across from Canal Park
City Grand Rapids
High School District Grand Rapids
Zoning Description res
Lot Size Units Acres
Lot Size Square Feet 0.0
Carport Y/N N
Listing Terms Cash VA Loan Conventional
Land Lease Y/N N
Tax Annual Amount 5901.64
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 181165
Legal Description 411324285230 UNIT 230 * BOARDWALK CONDOMINIUMS KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.823 INSTRUMENT NO.20060428-0048899 AS AMENDED BY REPLAT NO.1 INSTRUMENT NO.20060919-0103267 & AS AMENDED BY
Senior Community None
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Exterior
Parking Features Attached
Lot Features Sidewalk
Water Source Public
Spa N
Building Area Total 1437.0
Lot Size Acres 0.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 940
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* Excluded Features
List By
Reside Grand Rapids

Broker

kyle@kylevisser.com

Email

Affordability Calculator

$3,540
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,048
Monthly Property Taxes
$492
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
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$495,000 Listed Price

Map


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940 Monroe Avenue NW # 503, Grand Rapids, MI, 49503 is a Condo for sale at $495,000 with 1,437 sqft. 940 Monroe Avenue NW # 503 has 2 bedrooms, 1.0 baths, and was built in 1892. The property's zip code is 49503 which is in Grand Rapids, MI