Ursula Froes - Arterra Realty Logo
$525,000
 $2,818 est/mo Sourced by Back At You
Source MLS Verified

317 Union Avenue SE,Grand Rapids, MI 49503

Grand Rapids, MI 49503

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Description

Exceptional opportunity for an owner-occupied investment in the heart of Grand Rapids' highly desirable Heritage Hill Historic District! Ideally situated between Wealthy and Cherry, this spacious two-unit property offers the perfect combination of historic charm, location, and income potential. Bonus... this property offers a 2-stall garage with basement and additional off-street parking. The full basement offers shared laundry, a, and separate gas and electric utilities for each unit. Both generously sized units feature 2 bedrooms and 1½ baths, along with an abundance of original character, including hardwood floors, natural woodwork, crown molding, coffered ceilings, wainscoting, mosaic tile, and large dining rooms. A walk-up attic provides additional possibilities and storage. Enjoy one of Heritage Hill's most convenient locations, walkable to downtown Grand Rapids, restaurants, bars, parks, and neighborhood favorites, with Eastown and hospitals just minutes away. Whether you're looking to live in one unit while generating income from the other or add a well-located property to your investment portfolio, this is an opportunity worth seeing. Property was certified in September 2025.

Details

MLS #26042259
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site70
Listing Provided ByColdwell Banker Schmidt Realtors | Kate W Houseman

Features

Bath(s)4
BasementY
Units2
Building(s)1
ZoningRes
Acreage0.16

Taxes

Property5224

Area Information

StateMI
CountyKent
CityGrand Rapids
Zip Code49503
School DistrictGrand Rapids
High SchoolGrand Rapids
Listing VS Median (in 49503)
Price:
$525,000
low | high
Med:
$299,900
92.87619047619% of Average
On site:
70
low | high
Med:
15
100% of Average
Sourced by Back At You

Market Activity 49503

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Learn More About This Property

Ursula Froes

Ursula Froes

Arterra

 (248) 252-0075ursula@arterraluxe.com
StateMI
CountyKent
CityGrand Rapids
Zip Code49503
School DistrictGrand Rapids
High SchoolGrand Rapids
Listing VS Median (in 49503)
Price:
$525,000
low | high
Med:
$299,900
92.87619047619% of Average
On site:
70
low | high
Med:
15
100% of Average
Sourced by Back At You
Listing Updated: October 5, 2026 at 1:43:18 AM PDT