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

317 UNION AVENUE SE, Grand Rapids, MI 49503

GRAND RAPIDS, MI

Property SizeContact for details
Days on Market50

Property Features for 317 UNION AVENUE SE

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Standard status Active

Amenities

shared laundry

Building Details

Year built 1900
Listing Agency: Cascade · Coldwell Banker Real Estate
Listed By: Kate Houseman
Added: Aug 14 Changed: Sep 30 Last Checked: Oct 2 at 2:06AM
MLS# 26042259

Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit property at 317 Union Avenue SE includes two residences, each with two bedrooms and one-and-a-half baths. Interior details include hardwood floors, natural woodwork, crown molding, coffered ceilings, wainscoting, mosaic tile, and large dining rooms. A full basement provides shared laundry, while separate gas and electric utilities serve each unit. The property also includes a two-stall garage with basement space, additional off-street parking, and a walk-up attic for storage or future use. Built in 1900, the property was certified in September 2025.

Located in Grand Rapids' Heritage Hill Historic District between Wealthy and Cherry, the property is walkable to downtown Grand Rapids, restaurants, bars, parks, and neighborhood establishments. Eastown and hospitals are minutes away. The 49503 property is in Kent County, Michigan.

Key Highlights

  • Two‑unit duplex with two bedrooms and 1 1/2 baths in each unit
  • Two‑stall garage with basement plus additional off‑street parking
  • Full basement includes shared laundry

Property Analytics

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Current Use

six one six ... Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store Pet Grooming Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

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
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers two bedrooms, one-and-a-half baths, original architectural details, and access to shared basement laundry.
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‑unit duplex with two bedrooms and 1 1/2 baths in each unit; Two‑stall garage with basement plus additional off‑street parking; Full basement includes shared laundry
More about this property
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