About This Home

This 4-bedroom, 2-bathroom residential multi family at 437 Union Avenue SE in Grand Rapids, MI is listed for $399,900. Built in 1885, on a 0.14 acres lot.

Key Features

  • Built in 1885
  • 0.14 acre lot
  • 4 parking spaces

Property Details

2 full
4 spaces
1885
Listing Description

Don't miss this fantastic opportunity to own a charming historic home just a one-minute walk from vibrant Wealthy Street and all its shops, restaurants, and neighborhood attractions! This well-maintained two-unit property offers a great investment opportunity with $3,175 in monthly gross rental income.

The lower unit has been occupied by the same tenants for four years, while the upper unit was recently leased. Both leases run through July 2027. Updates throughout both units, separate furnaces and water heaters located in the common basement, and split utilities add to the property's appeal.

A rear garage and two available parking spaces provide added convenience. Whether you're looking to expand your investment portfolio or eventually make one unit your own, this property offers historic charm, a desirable location, and excellent rental potential in one of Grand Rapids' most sought-after neighborhoods! *Note pictures were taken when vacant. Professional property management available.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

437 Union Avenue SE

Grand Rapids, MI 49503

Property Details

Construction

Wood Siding

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 437 Union Avenue SE is listed at $399,900. The estimated monthly payment is $2,139 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1885, 0.14 acre lot, 4 parking spaces.

This property is listed by Timothy J VandenToorn.

TV

Timothy J VandenToorn

Agent at United Realty Services LLC

Listed by United Realty Services LLC · Broker phone: (616) 965-2304 · View on Broker Site · Broker website

MLS# 26056954· Source: Michigan Regional Information Center, LLC.· 5 days on PropertySimple

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.

437 Union Avenue SE, Grand Rapids, MI 49503

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