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$399,900

Est. payment - /mo

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2 Baths

6,316 Sqft Lot

New

437 Union SE Avenue Grand Rapids, MI 49503

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Matthew Cramer

matt@theeliteteamwestmi.com +1(616) 802-4184

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26056954

Year Built 1885

Annual Tax Amount $5,946

Tax Year 2025

Lot Size 6,316 Sqft

Acres 0.14

Lot Dimensions 50*126

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

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.

Location

State MI

County Kent

Direction Wealthy to Union

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Laundry In Basement

Exterior

Parking Features Paved

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 4

Building

Lot Description Wooded

Sewer Public Sewer

Structure Type Wood Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-31-204-016

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by United Realty Services LLC

NEARBY SCHOOL & BUSINESS

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Matthew Cramer

Real Estate Agent License ID: 6501406869

+1(616) 802-4184

437 Union SE Avenue Grand Rapids, MI 49503

Matthew Cramer

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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437 Union SE Avenue