For Sale
49 Monroe Center Street NW 5, Grand Rapids, MI 49503
$645,000
MLS # 26012910 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,795 sqftBuilt 1890
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Listing Description
Experience the best of urban living in this stunning 2-bedroom, 2-bathroom loft condo that perfectly blends style, comfort, and functionality. Featuring an open-concept layout, this spacious home is filled with natural light from expansive windows and boasts soaring ceilings that create an airy, inviting atmosphere. The sleek kitchen is designed for both everyday living and entertaining, complete with contemporary finishes, ample cabinetry, and a large island that flows seamlessly into the living and dining areas. The primary suite offers a private retreat with a generous closet and a well-appointed en-suite bathroom, while the second bedroom is ideal for guests, a home office, or additional living space. Enjoy the convenience of in-unit laundry, a private balcony, modern fixtures, and thoughtfully designed storage throughout. Whether you're relaxing at home or hosting friends, this loft provides the perfect backdrop for any lifestyle. 49 Monroe Center is a boutique-style building
Source: SparkMLS
About this home
Located in Grand Rapids in Grand Rapids, this property offers 2-bedroom, 2-bath, 1,795 sq ft, with original construction dating to 1890.
Currently offered at $645,000 (about $359/sq ft).
Estimated annual property tax: $8,113, or about $676 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,795 sqft
Year Built1890
Stories1
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49503
CountyKent
School DistrictGrand Rapids
Construction & Systems
StyleContemporary
ConstructionBrick
BasementOther
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/31/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$899 / Monthly
IncludesOther, Electricity, Water, Trash, Snow Removal, Sewer, Heat
Source: SparkMLS
Tax Information
Annual Tax$8,113
Tax Year2026
State Equalized Value$242,500
Taxable Value$242,500
Assessed Value$242,500
Parcel #411325294029
Source: Public Records
Legal Description
UNIT 5 * 47 MONROE CENTER KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.665
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Christopher Billmeier
The Billmeier Group
Frequently Asked Questions about 49 Monroe Center Street NW 5, Grand Rapids, MI 49503
Which school district serves 49 Monroe Center Street NW 5, Grand Rapids, MI 49503?
Per MLS# 26012910, 49 Monroe Center Street NW 5, Grand Rapids, MI 49503 is in the Grand Rapids boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Grand Rapids directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26012910, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 49 Monroe Center Street NW 5, Grand Rapids, MI 49503?
Per public tax records, annual property taxes for this property are $8,113 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 49 Monroe Center Street NW 5, Grand Rapids, MI 49503 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 49 Monroe Center Street NW 5, Grand Rapids, MI 49503 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 49 Monroe Center Street NW 5, Grand Rapids, MI 49503?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the City of Grand Rapids police department or the Kent County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$5,082
Principal & interest$4,183
HOA$899
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
49 Monroe Center Street NW 5, Grand Rapids, MI 49503
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Municipality
Grand Rapids
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