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  • Price cut: $20K (7/16)
    $475,000

    940 Monroe Ave NW Unit 503, Grand Rapids, MI 49503

    2beds
    1,437sqft
    : 
    $3,896/mo
    Get pre-qualified
    Condominium
    Built in 1892
    -- sqft lot
    $460,300 Zestimate®
    $331/sqft
    $547/mo HOA

    What's special

    Heated poolModern updatesHistoric characterYear-round jacuzziBeamed ceilingsTop-floor livingAbundant natural light
    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.
    73 days
    |
    391
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle Visser 616-419-9637,

    ReSIDE Grand Rapids 616-419-9637

    Source: MichRIC,MLS#: 26021575MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Oven, Refrigerator, Washer
      • Laundry: In Bathroom, Main Level
      Features
      • Center Island
      • Flooring: Wood
      • Basement: Other
      • Has fireplace: No
      Interior area
      • Total structure area: 1,437
      • Total interior livable area: 1,437 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Garage spaces: 2
      Features
      • Stories: 1
      • Pool features: Association
      • Spa features: Association
      Lot
      • Features: Sidewalk
      Details
      • Parcel number: 411324285230
      • Zoning description: res

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Historic
      • Property subtype: Condominium
      Materials
      • Brick
      • Roof: Rubber
      Condition
      • New construction: No
      • Year built: 1892

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Security System
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Laundry, Meeting Room, Pool, Security, Spa/Hot Tub
      • Services included: Water, Trash, Snow Removal
      • HOA fee: $547 monthly
      Location
      • Region: Grand Rapids

      Financial & listing details

      • Price per square foot: $331/sqft
      • Tax assessed value: $181,165
      • Annual tax amount: $5,901
      • Date on market: 5/12/2026
      • Listing terms: Cash,VA Loan,Conventional

        Estimated market value

        $460,300

        $437,000 - $483,000

        $2,386/mo

        Price history

        DateEventPrice
        7/16/2026Price change$475,000-4%$331/sqft
        Source: MichRIC #26021575 Report a problem
        5/12/2026Listed for sale$495,000+73.7%$344/sqft
        Source: MichRIC #26021575 Report a problem
        12/20/2017Sold$285,000-3.4%$198/sqft
        Source: MichRIC #17048971 Report a problem
        11/22/2017Pending sale$294,900$205/sqft
        Source: Grand Rapids East #17048971 Report a problem
        9/27/2017Listed for sale$294,900+6.5%$205/sqft
        Source: Keller Williams GR East #17048971 Report a problem
        5/13/2010Listing removed$276,900$193/sqft
        Source: Keller Williams - Grand Rapids East #772199 Report a problem
        11/17/2009Listed for sale$276,900+2.6%$193/sqft
        Source: Keller Williams - Grand Rapids East #772199 Report a problem
        11/17/2006Sold$269,900$188/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,762 $223,700 +6.8%
        2024-- $209,400 +24.4%
        2021$5,116 $168,300 +4.9%
        2020$5,116 +1.1%$160,400 +10.3%
        2019$5,059 $145,400
        2018-- $145,400 +5.7%
        2017$4,337 $137,500 +9.4%
        2016$4,337 $125,700
        2015$4,337 +7.5%$125,700 +4.6%
        2013$4,033 $120,200 -1.1%
        2011-- $121,500
        2010-- $121,500 -6%
        2009-- $129,300
        2007-- $129,300 +56.7%
        2006-- $82,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Belknap Lookout

        Getting around

        74 / 100
        Very Walkable
        45 / 100
        Some Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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