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Duplex with Two-Stall Garage
For Sale
$525,000

317 Union Avenue Se, Grand Rapids, MI 49503

Each residence has two bedrooms and one-and-a-half baths, with separate gas and electric service.

Property SizeContact for details
Days on Market12

Property Features for 317 Union Avenue Se

General Information

Standard status Active
Property subtype Multi Family
Zoning Res

Site & Location

Neighborhood Heritage Hill

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2
Individually Metered Utilities gas, electricity

Taxes and HOA fees

Annual Taxes $5,224

Amenities

shared laundry
walk-up attic
Full
true
4
Common Area,In Basement
false
Sidewalk
0.16
2
50x139
1

Building Details

Year Built 1900
Listing Agency: Coldwell Banker Schmidt Realtors
Listed By: Kate W Houseman
Source: Danhendrick.clydehendrickrealtors
Added: Oct 19 Changed: Oct 28 Last Checked: Oct 28 at 4:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmidt Realtors

Rey
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Investment Insights

Based on property information with market context.

This two-unit residential property contains matching apartments, each with two bedrooms and one-and-a-half baths. Original interior details include hardwood floors, natural woodwork, crown molding, coffered ceilings, wainscoting, mosaic tile, and large dining rooms. A full basement has shared laundry, and a walk-up attic provides storage. The property also includes a two-stall garage and additional off-street parking.

Set in Grand Rapids’ Heritage Hill Historic District between Wealthy and Cherry, the property is walkable to downtown, restaurants, bars, parks, and neighborhood businesses. Eastown and hospitals are a short distance away.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1½ baths
  • Separate gas and electric service for each unit
  • Two‑stall garage, basement, and additional off‑street parking

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,390
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms and one-and-a-half baths, with separate gas and electric service.
Where is this duplex located?
The property is located at 317 Union Avenue Se Grand Rapids, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1½ baths; Separate gas and electric service for each unit; Two‑stall garage, basement, and additional off‑street parking
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