240 Union Avenue Se, Grand Rapids, MI 49503
Local realty services provided by:ERA Reardon Realty Great Lakes
240 Union Avenue Se,Grand Rapids, MI 49503
$449,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: paul bunce
Office: paul bunce real estate
MLS#:26017295
Source:MI_MICHRIC
Price summary
- Price:$449,900
About this home
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. 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...
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Home facts
- Year built:1890
- Listing ID #:26017295
- Added:1 day(s) ago
- Updated:April 23, 2026 at 04:50 PM
Rooms and interior
- Basement:Yes
- Basement Description:Michigan Basement
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1890
- Lot area:0.15 Acres
- Construction Materials:Wood Siding
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$449,900
- Tax amount:$7,927 (2025)
Parking
- Total parking spaces:3
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