For Sale Multi-Family MLS# 26056954

437 Union Avenue SE

Grand Rapids, MI 49503

$399,900

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Listing Office

Officemichigan-regional-information-center-llc-rsd logoUnited Realty Services LLC
AgentTimothy J VandenToorn

About 437 Union Avenue SE

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.

Property details

Property

Type
2 to 4 Units
MLS type
Multi Family Home
Status
Active
Year built
1885
Lot
0.14
Original price
$399,900
MLS #
26056954

Interior

Features
Full
Heating
Forced Air
Laundry
In Basement

Exterior & lot

Features
Parking spaces: 4
Construction
Wood Siding
Roof
Composition
Parking
Paved

Schools

District
Grand Rapids Public Schools

Utilities

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

Financial

Financial
Michigan Regional Information Center (MichRIC), Private Owned
Annual tax
$5,947
Tax year
2026
Parcel
41-14-31-204-016
Legal
LOT 10 BLK 2* MILLS ADDITION

Location

County
Kent
Neighborhood
Heritage Hill
Community
Grand Rapids
Directions
Wealthy to Union

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.