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$495,000
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Property Description
Top-floor living in the highly desirable Boardwalk Condominiums in the heart of downtown Grand Rapids. This move-in ready 2 bed, 1 bath condo blends historic character with modern updates, featuring exposed brick, beamed ceilings, oversized windows and abundant natural light with peaceful courtyard views from the 5th floor. Updated carpet and custom Norman blinds installed in 2026. Kitchen includes Sub-Zero refrigerator drawers and Aga stove. Spacious primary bedroom with large walk-in closet plus a unique sitting room converted from a historic elevator shaft. In-unit laundry and 2 garage parking spaces conveniently located near the entrance. Amenities include rooftop deck, heated pool, year-round jacuzzi, clubhouse, courtyard, 24-hour security, restaurants and dry cleaning. Located along the riverfront near Canal Park, coffee shops, restaurants and downtown attractions in the thriving Monroe North district.
Full Property Details
Full Property Details for 940 Monroe Ave NW #503
General
- Price: $495,000
- HOA FEE: $547/month
- Taxes: $5,901
- Status: Active
- Type: Condo
- Source: SWMRIC_MLS
- MLS ID: 26021575
- Updated: 5/12/2026
- Added to Site: 9 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Center Island
- Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Bathroom, Main Level
Additional Information
- Shared Amenities: Clubhouse, Laundry, Meeting Room, Pets Allowed, Pool, Security, Spa/Hot Tub
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached
Location
- County: Kent
- Cross Streets: Monroe and Mason
- Driving Directions: 940 Monroe between Mason and Leonard across from Canal Park
Community
- Association: Yes
- Assoc. Fees Include: Water, Trash, Snow Removal
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Heat Pump
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Architectural Style: Historic
- Construction: Brick
- Basement: Yes
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 1,437
- Living Area: 1,437 Sq. Ft.
- Year Built: 1892
Lot Features
- Lot Features: Sidewalk
- Zoning: res
Financial Considerations
- Association Fee: $547
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,901.64
- Terms: Cash, VA Loan, Conventional
Disclosures and Reports
- Legal Description: 411324285230 UNIT 230 * BOARDWALK CONDOMINIUMS KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.823 INSTRUMENT NO.20060428-0048899 AS AMENDED BY REPLAT NO.1 INSTRUMENT NO.20060919-0103267 & AS AMENDED BY REPLAT NO.2 INSTRUMENT NO.20071226-0120097 & AS AME NDED BY REPLAT NO.2 INSTRUMENT NO. 20080226-0016507 & AS AMENDED BY REPLAT NO.3 INSTRUMENT NO.20080714-0065135 & AS AMENDED BY REPLAT NO.4 INSTRUMENT
- Property ID: 41-13-24-285-230
Listed by ReSIDE Grand Rapids, Kyle Visser
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Schools
Schools serving 940 Monroe Ave NW #503
School District:Grand Rapids Public Schools
| Name | Grades | Distance |
|---|---|---|
Coit Creative Arts Academy 617 Coit Avenue Northeast, Grand Rapids, MI 49503 | K-5 | 0.4 mi |
Center For Economicology 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505 | 6- | 1.2 mi |
John Ball Park Zoo School 1300 Fulton Street West, Grand Rapids, MI 49504 | 6- | 1.8 mi |
City High Middle School 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505 | 7-12 | 1.2 mi |
Grand Rapids University Preparatory Academy 512 Division Avenue South, Grand Rapids, MI 49503 | 6-12 | 1.7 mi |
Riverside Middle School, Grand Rapids, MI 265 Eleanor Street Northeast, Grand Rapids, MI 49505 | 6-8 | 1.8 mi |
Innovation Central High School 421 Fountain Street Northeast, Grand Rapids, MI 49503 | 9-12 | 1.1 mi |
Union High School, Grand Rapids, MI 1800 Tremont Boulevard Northwest, Grand Rapids, MI 49504 | 9-12 | 2.1 mi |
Blandford Nature Center 3143 Milo Street Northwest, Grand Rapids, MI 49534 | 6- | 3.9 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 940 Monroe Ave NW #503
Date
Details
Price
Change
Source
5/12/2026
Listed
$495,000
71.28%
MLS
12/20/2017
Sold
$289,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 940 Monroe Ave NW #503
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,425
6%
$223,700
16%
2021
$5,110
—
$193,600
11%
2021
$5,110
—
$173,900
3%
2019
$5,116
—
$168,300
5%
2019
$5,116
—
$160,400
10%
2019
$5,116
18%
$145,400
—
2016
$4,337
1%
$145,400
2%
2017
$4,285
9%
$142,300
3%
2014
$3,933
-2%
$137,500
9%
2015
$4,033
3%
$125,700
4%
2014
$3,933
3%
$120,500
—
2012
$3,829
—
$120,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 940 Monroe Ave NW #503
940 Monroe Avenue NW #503, Grand Rapids, MI 49503 (MLS# 26021575) is a Condo property with 2 bedrooms and 1 full bathroom. 940 Monroe Avenue NW #503 is currently listed for $495,000 and was received on May 12, 2026. Want to learn more about 940 Monroe Avenue NW #503? Do you have questions about finding other Condo 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.

