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240 Union Avenue Se, Grand Rapids, MI 49503

$449,900
  • 240 Union Avenue Se, Grand Rapids, MI 49503 Main Photo

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New to the Market Pending
BEDS0 BATHS MLS#26017295
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHeritage Hill SCHOOLGrand Rapids

Property Description

Excellent owner-occupied or investment opportunity in the heart of Heritage Hill! This classic duplex offers historic charm and strong income potential, with one unit already rented at $1,900/month to excellent long-term tenants and the other unit primed to immediately rent at a similar pricepoint. Both units are rental certified with the City of Grand Rapids until May of 2031, with the certifications transferable to the new owner. Each spacious 3-bedroom unit features timeless character with rich woodwork and generous living space, along with a full appliance package including dishwasher, range, refrigerator, and garbage disposal. The upper unit includes in-unit laundry, while the lower unit offers dedicated basement laundry, as well as 9-ft ceilings and original pocket doors. Current tenants keep the unit in amazing condition, have never been late on rent, and would love to stay. Enjoy a beautifully maintained yard with vibrant flowers and great curb appeal. Offers Due Monday at 5PM. Located in one of Grand Rapids most desirable historic districts, this home is highly walkable to downtown amenities, dining, and parks, including establishments like Donkey, Wealthy Street Bakery, the Winchester, Brewery Vivant, Maru Sushi, and Grove, as well as proximity to hospitals and all that East Town has to offer. Dont miss this rare opportunity to own a standout Heritage Hill property with immediate income and long-term upside

240 Union Avenue Se | MLS# 26017295

This multi-family property located at 240 Union Avenue Se, Grand Rapids, MI 49503 is currently listed for sale with an asking price of $449,900. Union Avenue Se is located within the Grand Rapids school district. Search Grand Rapids real estate on www.darrellrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Michigan Basement
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Composition
Taxes: $7,927
Year Built: 1890

Feature Descriptions

Days on Site: 5
Exterior: Wood Siding
Laundry: In Basement, In Unit, Upper Level
Lot Dimensions: 50 x 132
Owner Pays: Water, Sewer
Parcel Number: 41-14-30-476-009
Parking: Paved
Parking Total: 3
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Trash, Gas
Units: 2
Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Local Schools

School District: Grand Rapids

Listed By / Shown By

Listed By

Agency Name: Paul Bunce Real Estate
Agency Phone: 616-209-8477
Agent Name: Paul Bunce

agent picture

Shown By

Agent Name: Darrell Blausey
Agent Phone: (419) 351-1525
Agency Title: Key Realty

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 04/28/2026.

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Estimated Payment

$ 3,308.42 per month $2,516.61 Principal & Interest $660.58 Property Tax $131.22 Homeowner's Insurance

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