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  • Zestimate®
    $540,000

    265 Union Ave SE, Grand Rapids, MI 49503

    4beds
    2baths
    --sqft
    2 to 4 Units
    Built in 1885
    -- sqft lot
    $540,000 Zestimate®
    $--/sqft
    $1,558 Estimated rent

    Home value

    $540,000

    $513,000 - $567,000

    $1,558/mo

    Zestimate® history
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    What's special

    A rare find in Heritage Hill: a two unit with a carriage house and nearly four decades of care behind it. This well maintained home offers 2 bedrooms and 1 bathroom in each unit, giving you flexibility to live in one and rent the other, or convert back to a spacious single family home. Above the 2 stall garage sits a carriage house with unfinished bonus space, ready for your vision. Studio, home office, creative retreat, the possibilities are wide open. Owned and cared for by the same family since 1988, this home has been a labor of love for decades. The garden was even featured in the 2026 Heritage Hill Garden Tour, a backyard space that adds charm and character that you don't often see in multi-unit properties. Located between Wealthy and Cherry, you're close to restaurants, coffee, and everyday conveniences, with quick access to downtown. Whether you're looking for an income producing property, a multigenerational setup, or a SFH with room to grow, this gem checks all the boxes.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Oakley 616-647-7164,

    Five Star Real Estate (Eastown)

    Bought with:

    Dustin J Anderson, 6501390851

    Five Star Real Estate (Ada)

    Source: MichRIC,MLS#: 26044253MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Common Area, In Basement
    Features
    • Basement: Michigan Basement

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 50 x 139
    Details
    • Parcel number: 411430454031
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Sewer: Public Sewer, Storm Sewer
    • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Tax assessed value: $69,914
    • Annual tax amount: $3,588
    • Date on market: 8/21/2026
    • Listing terms: VA Loan,FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/21/2026Sold$540,000-6.1%
    Source: MichRIC #26044253 Report a problem
    8/31/2026Pending sale$575,000
    Source: MichRIC #26044253 Report a problem
    8/21/2026Listed for sale$575,000
    Source: MichRIC #26044253 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$3,515 +2.7%$203,700 +3.8%
    2025$3,424 $196,200 +5.7%
    2024-- $185,600 +36.7%
    2021$2,994 $135,800 +8.9%
    2020$2,994 +3.2%$124,700 +16.2%
    2019$2,903 $107,300 +11.3%
    2018-- $96,400 +9.4%
    2017$2,846 $88,100 +17.6%
    2016$2,846 $74,900
    2015$2,846 +5%$74,900 +9.5%
    2013$2,711 $68,400 -15.2%
    2011-- $80,700 -4.2%
    2010-- $84,200 -2.9%
    2009-- $86,700 -12.8%
    2007-- $99,400 +120.3%
    2006-- $45,116 +3.7%
    2005-- $43,507 +3.3%
    2004-- $42,118 +6.2%
    2002-- $39,653 +3.2%
    2001-- $38,424
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $540,000

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    Estimated market value

    $540,000