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Duplex with Rear Garage
New
For Sale
$399,900

437 Union Avenue SE, Grand Rapids, MI 49503

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market4

Property Features for 437 Union Avenue SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RMHH2_RES MULTI
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 4, Basement, Bedroom 1, Bathroom 1
Parking 4
Basement Full
Lot features Wooded
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Directions Wealthy to Union
Standard status Active
APN 41-14-31-204-016
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 10 BLK 2* MILLS ADDITION
Tax Annual Amount 5947
Legal Description LOT 10 BLK 2* MILLS ADDITION

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1885
Number of units 2
Building materials Wood Siding
Roof type Composition
Listing Agency: United Realty Services LLC
Listed By: Timothy J VandenToorn
Added: Oct 26 Changed: Oct 29 Last Checked: Oct 29 at 5:06PM
MLS# 26056954

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1885, this two-unit property includes a rear garage and two parking spaces. Each residence has a separate furnace and water heater in the shared basement, and the utilities are split. Updates have been made throughout both units.

The lower residence has had the same tenants for four years, while the upper residence was recently leased. Both leases extend through July 2027. Wealthy Street shops and restaurants are a one-minute walk away.

Key Highlights

  • Two‑unit property built in 1885
  • 0.14‑acre lot
  • Separate furnaces and water heaters for each unit, located in the basement

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,070
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
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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 - Two leased residences have separate furnaces, water heaters, and utility service.
Where is this duplex located?
The property is located at 437 Union Avenue 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; 0.14‑acre lot; Separate furnaces and water heaters for each unit, located in the basement
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