437 Union Avenue Grand Rapids, MI $ 399,900
437 Union Avenue
$ 399,900
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437 Union Avenue

Grand Rapids, MI, 49503
$ 399,900
Bedrooms-- Baths0.0 Sq 2,284

Monthly Estimate*

$ 2,762

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Multi-Family Home for sale in Grand Rapids, MI

for $399,900. 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

Property Type

Multi-Family

Taxes

$ 5,946

Style

Lot Size

0.14

Year Built

1885

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70566609

Features
General
Heating Forced Air
Cooling None
Garage Additional Garage(s)
Status Active Active
Year Built 1885
County Kent
Class MULTIFAMILY
Type Multi-Family
Net Income 14060
Municipality Grand Rapids
Zoning Multi-Family
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Grand Rapids (41032)
Primary City Grand Rapids
Directions Wealthy to Union
City Grand Rapids
School District Grand Rapids City School Distric
Financial Terms Cash Conventional
Legal Description LOT 10 BLK 2* MILLS ADDITION
DOM 1
Postal Code 49503
Price Per Sq Ft Total AG 175.09
Public Remarks 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
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Exterior
Exterior Wood
Frontage 50
Lot Size Area 0.14
Lot Dimensions 50*126
Lot Description Wooded
Roads Paved Street
Waterfront Y/N No
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Interior
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Timothy VandenToorn

Listing Agent

United Realty Services Llc

Broker

tim@rentupm.com

Email

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
3147031 Elementary School
3147033 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$399,900 Listed Price

Map


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437 Union Avenue, 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 has 0.0 baths and was built in 1885. The property's zip code is 49503 which is in Grand Rapids, MI