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  • Price cut: $5K (6/30)
    $209,900

    940 Monroe Ave NW Unit 531, Grand Rapids, MI 49503

    --beds
    550sqft
    : 
    $1,791/mo
    Get pre-qualified
    Condominium
    Built in 1892
    -- sqft lot
    $208,000 Zestimate®
    $382/sqft
    $283/mo HOA

    What's special

    Elevated loft areaStriking historic brick detailsLargest studio availableFresh paint throughoutIn-unit washer and dryerFilled with natural lightBrand-new carpet
    Perched on the top floor, this desirable studio condo is truly the largest studio available and offers a perfect blend of character, comfort, and modern urban living. Featuring brand-new carpet and fresh paint throughout, the space is move-in ready and filled with natural light accentuated by impressive 12'6'' beamed ceilings and striking historic brick details. An elevated loft area adds versatility and charm, while the full kitchen is equipped with sleek stainless steel appliances and in-unit washer and dryer for everyday convenience. Located within the sought-after Boardwalk Condos, this residence delivers an unmatched downtown lifestyle. Residents enjoy an exceptional array of amenities, including 24-hour security, a stylish club room, a serene forest courtyard shaded by majestic trees, and a resort-style courtyard complete with a heated pool and year-round jacuzzi. A sprawling 600+ square foot community rooftop deck provides the perfect space for relaxing or entertaining. Outdoor enthusiasts will appreciate access to kayaks, touring bikes and even a tandem bike, while added conveniences like on-site dining, a fitness center, huge in-house laundry facility, and drop-off/pick-up dry cleaning elevate daily living. Ideally situated along the riverfront in the vibrant North Monroe District, just steps from the newly designed Canal Park, this condo offers the perfect balance of nature, recreation, and city energy in the heart of Grand Rapids.
    91 days
    |
    493
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Arija Wilcox 616-293-9261,

    Keller Williams GR North 616-447-9100

    Source: MichRIC,MLS#: 26019325MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 1
      • Full bathrooms: 1
      Bathroom 1
      • Description: Tile floors, freshly painted
      • Level: Main
      • Area: 65.86
      • Dimensions: 8.90 x 7.40
      Kitchen
      • Description: Newly renovated cabinets, stainless appliances
      • Level: Main
      • Area: 142.68
      • Dimensions: 8.20 x 17.40
      Living room
      • Description: Freshly painted, new carpet, historic brick & 12' 6' beamed ceilings,
      • Level: Main
      • Area: 226.2
      • Dimensions: 13.00 x 17.40
      Loft
      • Description: Expansive beamed loft area for bed
      • Level: Main
      • Area: 72.42
      • Dimensions: 7.10 x 10.20
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
      • Laundry: In Unit, Other, See Remarks
      Features
      • Flooring: Carpet, Ceramic Tile, Laminate
      • Windows: Screens, Insulated Windows
      • Basement: Slab
      • Has fireplace: No
      Interior area
      • Total structure area: 550
      • Total interior livable area: 550 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage Door Opener, Attached
      • Garage spaces: 1
      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Stories: 1
      • Has private pool: Yes
      • Pool features: In Ground, Association
      • On waterfront: Yes
      • Waterfront features: River
      • Body of water: Grand River
      Lot
      • Features: Sidewalk, Shrubs/Hedges
      Details
      • Parcel number: 411324285261
      • Zoning description: RES

      Construction

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

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Phone Connected, Cable Connected

      Community & HOA

      Community
      • Security: 24 Hour Security, Building Security, Smoke Detector(s)
      • Subdivision: Boardwalk Condominiums
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Laundry, Meeting Room, Pool, Security, Other
      • Services included: Other, Water, Trash, Snow Removal, Sewer, Maintenance Grounds
      • HOA fee: $283 monthly
      Location
      • Region: Grand Rapids

      Financial & listing details

      • Price per square foot: $382/sqft
      • Tax assessed value: $70,718
      • Annual tax amount: $3,555
      • Date on market: 5/1/2026
      • Listing terms: Other,Cash,FHA,Conventional
      • Road surface type: Paved

        Estimated market value

        $208,000

        $198,000 - $218,000

        $1,822/mo

        Price history

        DateEventPrice
        6/30/2026Price change$209,900-2.3%$382/sqft
        Source: MichRIC #26019325 Report a problem
        6/5/2026Price change$214,900-2.3%$391/sqft
        Source: MichRIC #26019325 Report a problem
        5/1/2026Listed for sale$219,900+63.1%$400/sqft
        Source: MichRIC #26019325 Report a problem
        10/31/2007Sold$134,791$245/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,464 $98,100 +6.9%
        2024-- $91,800 +24.4%
        2021$3,029 $73,800 +5%
        2020$3,029 +3.2%$70,300 +4%
        2019$2,936 $67,600 +6%
        2018-- $63,800 +5.8%
        2017$2,878 $60,300 +9.4%
        2016$2,878 $55,100
        2015$2,878 +5%$55,100 +2.8%
        2013$2,742 $53,600 -1.3%
        2011-- $54,300
        2010-- $54,300 -6.1%
        2009-- $57,800 +35.7%
        2007-- $42,600 +11.5%
        2006-- $38,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Belknap Lookout

        Getting around

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

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Coit Creative Arts Academy
        • Middle: Center for Economicology
        • High: Innovation Central High School

        Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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