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437 Union Avenue SE City of Grand Rapids, MI $ 399,900
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437 Union Avenue SE
$ 399,900
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437 Union Avenue SE

City of Grand Rapids, MI, 49503
$ 399,900
Bedrooms4 Baths0.0 Sq 2,284

Monthly Estimate*

$ 2,762

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Multi-Family Home for sale in City of Grand Rapids, MI for $399,900 with 4 bedrooms. This 2,284 square foot home was built in 1885 on a lot size of 0.14.

Don't miss this fantastic opportunity to own a charming historic home just a one-minute walk from vibrant Wealthy Street and all its shops, restaurants, and neighborhood attractions! This well-maintained two-unit property offers a great investment opportunity with $3,175 in monthly gross rental income. The lower unit has been occupied by the same tenants for four years, while the upper unit was recently leased. Both leases run through July 2027. Updates throughout both units, separate furnaces and water heaters located in the common basement, and split utilities add to the property's appeal. A rear garage and two available parking spaces provide added convenience. Whether you're looking to expand your investment portfolio or eventually make one unit your own, this property offers historic charm, a desirable location, and excellent rental potential in one of Grand Rapids' most sought-after neighborhoods! *Note pictures were taken when vacant. Professional property management available.

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Multi-Family Active

Price

$ 399,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 5,946

Style

MultiFamily

Lot Size

0.14

Year Built

1885

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026056954
Features
General
Sewer PublicSewer SewerAtStreet StormDrain
Heating ForcedAir NaturalGas
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneAvailable PhoneConnected SewerConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials WoodSiding
Year Built 1885
Property Subtype MultiFamily
Tax Year 2026
County Kent
Net Operating Income 14060.0
Operating Expense 1540.0
Insurance Expense 700.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Wealthy to Union
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Other
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5946.57
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 112804
Legal Description LOT 10 BLK 2* MILLS ADDITION
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features InBasement
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Exterior
Parking Features Garage Paved
Lot Features Wooded
Water Source Public
Total Parking 4.0
Lot Size Area 6316.0
Number of Buildings 1
Spa N
Building Area Total 2284.0
Lot Dimensions 50*126
Lot Size Acres 0.14
Road Surface Type Paved
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 1 437
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* Excluded Features
List By
Timothy J VandenToorn

Listing Agent

United Realty Services Llc

Broker

(616) 450-6018

Phone

Affordability Calculator

$3,258
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,762
Monthly Property Taxes
$496
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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/26/2026$399,900 Listed Price

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437 Union Avenue SE, City of Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $399,900 with 2,284 sqft and a lot size of 0.14. 437 Union Avenue SE has 4 bedrooms, 0.0 baths, and was built in 1885. The property's zip code is 49503 which is in City of Grand Rapids, MI

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