Duplex with Rear
New
For Sale
$399,900
437 Union Ave SE, Grand Rapids, MI 49503
Two separately heated units have split utilities and leases scheduled to continue through July 2027.
Property SizeContact for details
Days on Market3
Property Features for 437 Union Ave SE
General Information
Standard status
Active
Property subtype
Multi-Family
Site & Location
Neighborhood
Heritage Hill
Additional Details
Gross Income
$38,100
Multifamily Units
2
Tenant in Place
Yes
Building Details
Year Built
1885
Listing Agency:
RE/MAX Perrett Associates
Listed By:
Janice Allen
(269) 248-5766
Source:
Michiganhomegirl
Added: Oct 28
Last Checked: Oct 28 at 5:46AM
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 RE/MAX Perrett Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1885, this two-unit residential property has separate furnaces and water heaters in the shared basement. Utility service is split between the units, and a rear garage and two parking spaces are included. Both leases extend through July 2027.
Wealthy Street shops, restaurants, and neighborhood destinations are about a one-minute walk away.
Wealthy Street shops, restaurants, and neighborhood destinations are about a one-minute walk away.
Key Highlights
- Two‑unit property built in 1885
- Both leases run through July 2027
- Separate furnaces and water heaters in the common basement
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,070
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately heated units have split utilities and leases scheduled to continue through July 2027.
Where is this duplex located?
The property is located at 437 Union Ave SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit property built in 1885; Both leases run through July 2027; Separate furnaces and water heaters in the common basement
