940 Monroe Avenue NW # 405A
Grand Rapids, MI, 49503 $ 184,900
Bedrooms-- Baths1.0 Sq 500 Monthly Estimate*
$ 1,277
for $184,900 with 1 full bath. This 500 square foot condo was built in 1893.
Located in the renovated historic Berkeley & Gay Furniture Factory Building with original brick arched windows, wood beams, and high ceilings, this gorgeous loft style condo is located .7 miles from city center. Close enough to do it all but quiet enough to sleep well at night. Restaurants, entertainment venues, shopping, coffee houses, bar, and trails, are all within walking distance, or use the free Downtown DASH Shuttle that arrives every 8 minutes and travels throughout the city. In fact, the building itself has a restaurant, spa, pool, gym, onsite laundry facilities, grilling area, garden, and roof top patio. Downtown Grand Rapids is transforming! The new Acrisure Amphitheater has already featured a diverse lineup spanning rock, pop, country, hip-hop, and comedy, including major headliners such as Lionel Richie, Kid Cudi, Santana, Dave Matthews Band, Lynyrd Skynyrd, Pitbull, and Mumford & Sons. There is also a new Amway Soccer Stadium underway, restoration of the Grand River's historic rapids (right across from the building), and continued riverfront and park improvements. Now is an exciting time to own downtown. This studio offers a great opportunity to be part of it all and it will not be around for long. This is an ideal low-maintenance home or investment opportunity in the heart of a rapidly evolving downtown!
See more
FeaturesGeneralSewer Public
Heating Forced Air
Cooling Central Air
Possession Close Of Escrow
Appliances Microwave Oven Range Refrigerator
HOA Fee 209.07
Association Fee Includes Electricity Water Trash Snow Removal Sewer Lawn/Yard Care Heat Cable/Satellite
Architectural Style Other
Pool Features Outdoor/Above
Construction Materials Brick
Year Built 1893
Stories Count 1
Township City of Grand Rapids
Unit Number 405A
Property Subtype Condominium
Tax Year 2021
Assoc Fee Paid Per Monthly
County Kent
New Construction N
Property Type Residential
Association Amenities Clubhouse Fitness Center Laundry Meeting Room Pool Restaurant/Bar Security Storage Trail(s)
HOA Y
Garage Y/N N
Total Rooms 2
Full Baths 1
Status Active
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 FHA VA Loan MSHDA Conventional
Land Lease Y/N N
Tax Annual Amount 3498.0
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 52690
Legal Description DIST:51 CITY/MUNI/TWP:GRAND RAPIDS CITY 411324285275 UNIT 170 * BOARDWALK CONDOMINIUMS KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.823 INSTRUMENT NO.20060428-0048899
Senior Community None
See more
InteriorBasement Full
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Common Area Laundry Room Main Level
Total Bedrooms 0
Main Level Bedrooms 0
Total Baths 1
See more
ExteriorWater Source Public
Spa N
Building Area Total 500.0
Lot Size Acres 0.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
* Excluded FeaturesList ByKeller Williams Gr EastBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,277
- Monthly Property Taxes
- $292
- 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.
Learn more about how to save NearbyCondo listings in Grand Rapids, MI
Average List Price $356,235
Percent of Sale Price 93%
About Grand Rapids, MI 199,553 Population
1% Since 2002
$ 43,558 Median Income
34 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/26/2026 | $184,900 | -7.04% | Price Down |
| 9/3/2026 | $198,900 | -2.93% | Price Down |
| 8/18/2026 | $204,900 | | Listed Price |