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.
Active
Price cut: $30K (11/3)
$495,000
317 Union Ave SE, Grand Rapids, MI 49503
4beds
4baths
--sqft
2 to 4 Units
Built in 1900
-- sqft lot
$479,900 Zestimate®
$--/sqft
$-- HOA
What's special
Additional off-street parkingHistoric charmHardwood floorsCrown moldingAbundance of original characterCoffered ceilingsMosaic tile
- 85 days
- 975
- 70
Zillow last checked:
Listing updated:
Listed by:
Kate W Houseman 616-957-1680,
Coldwell Banker Schmidt Realtors 616-957-1680
Source: MichRIC,MLS#: 26042259
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Common Area, In Basement
Features
- Basement: Full
Property
Parking
- Total spaces: 2
Lot
- Size: 6,969 Square Feet
- Dimensions: 50 x 139
- Features: Sidewalk
Details
- Parcel number: 411430454036
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Tax assessed value: $103,852
- Annual tax amount: $5,224
- Date on market: 8/12/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
Estimated market value
$479,900
$456,000 - $504,000
$1,450/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2026 | Price change | $495,000-5.7% |
Source:  MichRIC #26042259 Report a problem | ||
| 9/29/2026 | Price change | $525,000-4.4% |
Source: MichRIC #26042259 Report a problem | ||
| 8/12/2026 | Listed for sale | $549,000 |
Source: MichRIC #26042259 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,221 +2.7% | $258,900 +4.3% |
| 2025 | $5,086 | $248,300 +4.7% |
| 2024 | -- | $237,200 +35.9% |
| 2021 | $4,448 | $174,600 +8.9% |
| 2020 | $4,448 +3.2% | $160,400 +30% |
| 2019 | $4,312 | $123,400 +8.3% |
| 2018 | -- | $113,900 +9.3% |
| 2017 | $4,227 | $104,200 +16.6% |
| 2016 | $4,227 | $89,400 |
| 2015 | $4,227 +5% | $89,400 +9.7% |
| 2013 | $4,027 | $81,500 -15.5% |
| 2011 | -- | $96,500 -4.3% |
| 2010 | -- | $100,800 -2.7% |
| 2009 | -- | $103,600 +3.5% |
| 2007 | -- | $100,100 +49.4% |
| 2006 | -- | $67,013 +3.7% |
| 2005 | -- | $64,622 +3.3% |
| 2004 | -- | $62,558 +6.2% |
| 2002 | -- | $58,895 +3.2% |
| 2001 | -- | $57,069 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Heritage Hill
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