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240 Union Avenue SE Grand Rapids, MI 49503

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For Sale
$449,900

MULTI_FAMILY - Grand Rapids, MI

Lot size:
0.15 Acres
Added:
Apr 23, 2026
Days on Market:
3
Last Refresh:
Apr 25 at 12:06 am

Property Features for 240 Union Avenue SE

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 5, Basement, Bathroom 1, Bedroom 6, Bedroom 1
Parking
3
Basement
Full
Standard status
Active
APN
41-14-30-476-009
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
S 36 FT OF LOT 8 BLK 6 & N 14 FT OF LOT 9 BLK 6* HOLBROOK S ADDITION
Tax Annual Amount
7927

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air

Building Details

Year built
1890
Number of units
2
Building materials
Wood Siding
Roof type
Composition

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Listing Contact
Paul Bunce
Paul Bunce

Listing agent Paul Bunce License #6502415557

Listing office Paul Bunce Real Estate 2230 Edgewood Ave SE, Grand Rapids, MI

Listing date Apr 23, 2026

MLS# 26017295 Listing URL

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Heritage Hill Duplex Opportunity

This duplex presents an opportunity for owner-occupancy or investment in the Heritage Hill area. The property features historic charm and income potential. One unit is currently rented for $1,900 per month to long-term tenants, and the other unit is ready to be rented at a similar price. Both units are rental certified with the City of Grand Rapids until May 2031, and the certifications are transferable to the new owner. Each unit includes 3 bedrooms, woodwork, and living space, along with a full appliance package including a dishwasher, range, refrigerator, and garbage disposal. The upper unit has in-unit laundry, while the lower unit offers dedicated basement laundry, 9-ft ceilings, and original pocket doors. The current tenants maintain the unit and would like to stay. The property includes a maintained yard with flowers and curb appeal. Located in one of Grand Rapids' historic districts, the home is 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 East Town. The lot size is 0.15 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.653895
Latitude
42.958282

FAQs

What type of property is this?
Duplex - Classic duplex in historic district with income potential.
Where is this duplex located?
The property is located at 240 Union Avenue SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Strong Income Potential: One unit is currently rented at $1,900/month, with the other ready to rent at a similar price.; Rental Certified Until 2031: Both units are rental certified with the City of Grand Rapids, transferable to the new owner.; Prime Heritage Hill Location: Highly walkable to downtown amenities, dining, parks, and hospitals.
More about this property
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