317 Union Avenue SE Grand Rapids, MI $ 525,000
317 Union Avenue SE
$ 525,000
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317 Union Avenue SE

Grand Rapids, MI, 49503
$ 525,000
Bedrooms-- Baths4.0

Monthly Estimate*

$ 3,626

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Multi-Family Home for sale in Grand Rapids, MI

for $525,000 with 4 full baths. This home was built in 1900 on a lot size of 0.16.

Exceptional opportunity for an owner-occupied investment in the heart of Grand Rapids' highly desirable Heritage Hill Historic District! Ideally situated between Wealthy and Cherry, this spacious two-unit property offers the perfect combination of historic charm, location, and income potential. Bonus... this property offers a 2-stall garage with basement and additional off-street parking. The full basement offers shared laundry, a, and separate gas and electric utilities for each unit. Both generously sized units feature 2 bedrooms and 1½ baths, along with an abundance of original character, including hardwood floors, natural woodwork, crown molding, coffered ceilings, wainscoting, mosaic tile, and large dining rooms. A walk-up attic provides additional possibilities and storage. Enjoy one of Heritage Hill's most convenient locations, walkable to downtown Grand Rapids, restaurants, bars, parks, and neighborhood favorites, with Eastown and hospitals just minutes away. Whether you're looking to live in one unit while generating income from the other or add a well-located property to your investment portfolio, this is an opportunity worth seeing. Property was certified in September 2025.

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Multi-Family Active

Price

$ 525,000

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,224

Style

2 to 4 Units

Lot Size

0.16

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26042259

Features
General
Heating Forced Air
Cooling None
Utilities Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Construction Materials Wood Siding
Year Built 1900
Tenant Pays Electric Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
County Kent
New Construction false
Property Type Multi Family
Status Active
Directions North off of Wealthy (Between Wealthy and Cherry)
City Grand Rapids
High School District Grand Rapids
Zoning Description Res
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 6970
Listing Terms Cash Conventional
Tax Annual Amount 5224
Standard Status Active
Tax Assessed Value 103852
Legal Description LOT 28* NORTHROP S ADDITION
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Interior
Basement Full
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Common Area In Basement
Total Baths 4
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Exterior
Lot Features Sidewalk
Total Parking 2
Lot Size Area 0.16
Number of Buildings 1
Lot Dimensions 50x139
Lot Size Acres 0.16
Waterfront Y/N false
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Internal Only
Street Number 1 317
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* Excluded Features
List By
Coldwell Banker Schmidt Realtors

Broker

kate.houseman@cbgreatlakes.com

Email

Affordability Calculator

$4,061
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,626
Monthly Property Taxes
$435
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$525,000 -4.37% Price Down
8/13/2026$549,000 Listed Price

Map


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317 Union Avenue SE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $525,000 with a lot size of 0.16. 317 Union Avenue SE has 4.0 baths and was built in 1900. The property's zip code is 49503 which is in Grand Rapids, MI