317 Union Avenue SE
City of Grand Rapids, MI, 49503 $ 549,000
Bedrooms2 Baths0.0 Sq 2,846 Monthly Estimate*
$ 3,466
Multi-Family Home for sale in City of Grand Rapids, MI
for $549,000 with 2 bedrooms. This 2,846 square foot 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 11/2 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.
See more
FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Utilities CableConnected ElectricityConnected NaturalGasConnected
Possession ClosePlus3Days Negotiable
Construction Materials WoodSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions North off of Wealthy (Between Wealthy and Cherry)
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5224.0
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 103852
Legal Description LOT 28* NORTHROP S ADDITION
See more
InteriorBasement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea InBasement
See more
ExteriorParking Features SharedDriveway
Water Source Public
Total Parking 2.0
Lot Size Area 6970.0
Number of Buildings 1
Spa N
Building Area Total 2846.0
Lot Dimensions 50x139
Lot Size Acres 0.16
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
* Excluded FeaturesList ByKate W HousemanListing Agent
Coldwell Banker Schmidt RealtorsBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,466
- Monthly Property Taxes
- $435
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyMulti-family listings in Grand Rapids, MI
Average List Price $405,972
Percent of Sale Price 26%
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.
4909624 Elementary School
4909684 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/12/2026 | $549,000 | | Listed Price |