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$502,500
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Property Description
Excellent owner-occupied or investment opportunity in the heart of Heritage Hill! This classic duplex offers historic charm and strong income potential, with one unit already rented at $1,900/month to excellent long-term tenants and the other unit primed to immediately rent at a similar pricepoint. Both units are rental certified with the City of Grand Rapids until May of 2031, with the certifications transferable to the new owner. Each spacious 3-bedroom unit features timeless character with rich woodwork and generous living space, along with a full appliance package including dishwasher, range, refrigerator, and garbage disposal. The upper unit includes in-unit laundry, while the lower unit offers dedicated basement laundry, as well as 9-ft ceilings and original pocket doors. Current tenants keep the unit in amazing condition, have never been late on rent, and would love to stay. Enjoy a beautifully maintained yard with vibrant flowers and great curb appeal. Offers Due Monday at 5PM. Located in one of Grand Rapids' most desirable historic districts, this home is highly 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 all that East Town has to offer. Don't miss this rare opportunity to own a standout Heritage Hill property with immediate income and long-term upside
Full Property Details
Full Property Details for 240 Union Ave SE
General
- Sold For: $502,500
- Taxes: $7,927
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26017295
- Added to Site: 80 day(s) ago
Parking
- Total Spaces: 3
- Parking Features: Paved
Location
- County: Kent
- Subdivision: Heritage Hill
- Cross Streets: college and cherry
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Wood Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,621
- Frontage: Paved
Financial Considerations
- Tax Amount: $7,927
- Terms: VA Loan, FHA, Cash, Conventional
- Landlord Pays: Water, Sewer
- Tenant Pays: Electricity, Trash, Gas
Disclosures and Reports
- Legal Description: S 36 FT OF LOT 8 BLK 6 & N 14 FT OF LOT 9 BLK 6* HOLBROOK S ADDITION
- Property ID: 41-14-30-476-009
Listed by Paul Bunce Real Estate, Paul Bunce
Sold by Realiant Real Estate, Ryan M Schafer
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Schools
Schools serving 240 Union Ave SE
School District:Grand Rapids Public Schools
| Name | Grades | Distance |
|---|---|---|
Martin Luther King Leadership Academy 645 Logan Street Southeast, Grand Rapids, MI 49503 | PK-8 | 0.3 mi |
John Ball Park Zoo School 1300 Fulton Street West, Grand Rapids, MI 49504 | 6- | 2.4 mi |
Center For Economicology 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505 | 6- | 2.4 mi |
Grand Rapids University Preparatory Academy 512 Division Avenue South, Grand Rapids, MI 49503 | 6-12 | 0.7 mi |
City High Middle School 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505 | 7-12 | 2.4 mi |
Alger Middle School 921 Alger Street Southeast, Grand Rapids, MI 49507 | 6-8 | 2.6 mi |
Innovation Central High School 421 Fountain Street Northeast, Grand Rapids, MI 49503 | 9-12 | 0.6 mi |
Ottawa Hills High School 2055 Rosewood Avenue Southeast, Grand Rapids, MI 49506 | 9-12 | 2.6 mi |
Blandford Nature Center 3143 Milo Street Northwest, Grand Rapids, MI 49534 | 6- | 5.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 240 Union Ave SE
Date
Details
Price
Change
Source
5/08/2026
Sold
$502,500
11.69%
MLS
4/23/2026
Listed
$449,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
240 Union Avenue SE, Grand Rapids, MI 49503 (MLS# 26017295) is a Single Family property that was sold at $502,500 on May 08, 2026. Want to learn more about 240 Union Avenue SE? Do you have questions about finding other Single Family real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

