240 Union Avenue SE, Grand Rapids, MI 49503 (MLS# 26017295)

Home240 Union Avenue SE, Grand Rapids, MI 49503...
$449,900
240 Union Avenue SE
Grand Rapids, MI 49503
MLS# 26017295

240 Union Avenue SE, Grand Rapids, MI 49503
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240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503 240 Union Avenue SE, Grand Rapids, MI 49503

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.

Details
Documents
Location Property Info
County: Kent
Street #: 240
Street Name: Union
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Zip (4): 4719
OfficeContract Info
Status: Active
Current Price: $449,900
List Price: $449,900
Listing Date: 2026-04-23
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6621
Lot Acres: 0.15
Lot Dimensions: 50 x 132
Year Built: 1890
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2031-05-13
Road Frontage: 50
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 3481
Total Parking Spaces: 3
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-14-30-476-009
Taxable Value: 186300
SEV: 231100
For Tax Year: 2025
Seller's Annual Property Tax: 7927
Tax Year: 2025
Homestead %: 50
Spec Assessment & Ty: None Known
Zoning: N/A
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: Upper
SqFt: 1163
Occupied: No
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Lower
SqFt: 1253
Occupied: Yes
Monthly Rent: 1900
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: In Basement; In Unit; Upper Level
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full; Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Dishwasher; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Unit 2: Dishwasher; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Supplements
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. Don't miss this rare opportunity to own a standout Heritage Hill property with immediate income and long-term upside

Listing Office: Paul Bunce Real Estate

Listing Agent: Paul Bunce

Last Updated: April - 23 - 2026

240 Union Avenue SE, Grand Rapids, MI 49503 - MLS# 26017295

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