For Sale
940 Monroe Avenue NW 123, Grand Rapids, MI 49503
$320,000
MLS # 26035970 (Michigan Regional Information Center (MichRIC))
2 beds1 bath992 sqftBuilt 18920 acres
1 / 24
Listing Description
Welcome to this first floor unit in the historic Boardwalk Condominiums. Step inside to discover a bright, open-concept living space beautifully accented by engineered wood floors that flow throughout. The stylish kitchen boasts granite countertops, stainless steel appliances, and a functional center island perfect for hosting friends. Off the kitchen you'll find a convenient dining space with room for a full table and chairs. The spacious living room is bathed in natural light from large windows and a door leading out to your private balcony - an ideal spot for grilling out or relaxing while overlooking the community pool. This layout features two large bedrooms positioned on opposite ends of the unit, making it an ideal setup for guests, roommates, or creating a quiet, dedicated home office. A generously sized bathroom provides plenty of space to get ready. This unit also includes a covered parking spot and access to top-tier amenities, including a pool, laundry room, fitness center,
Source: SparkMLS
About this home
Located in Grand Rapids in Grand Rapids, this property offers 2-bedroom, 1-bath, 992 sq ft, with original construction dating to 1892.
Listed at $320,000 (about $323/sq ft).
Property tax estimate: $3,519 per year ($293/month). 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
Bathrooms1
Living Area992 sqft
Year Built1892
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
InteriorCenter Island
Sale & Financing
Listed7/14/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$419 / Monthly
IncludesOther, Water, Trash, Sewer
Source: SparkMLS
Tax Information
Annual Tax$3,519
Tax Year2025
State Equalized Value$133,300
Taxable Value$108,024
Assessed Value$105,185
Parcel #411324285035
Source: Public Records
Legal Description
See documents
Property Records
FEMA Flood Zone: Zone D — Undetermined flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Corrin E Wiersema
Keller Williams Harbortown
Frequently Asked Questions about 940 Monroe Avenue NW 123, Grand Rapids, MI 49503
Which school district serves 940 Monroe Avenue NW 123, Grand Rapids, MI 49503?
Per MLS# 26035970, 940 Monroe Avenue NW 123, 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.
What financing options are available for 940 Monroe Avenue NW 123, Grand Rapids, MI 49503?
Per MLS# 26035970, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 940 Monroe Avenue NW 123, Grand Rapids, MI 49503?
Per public tax records, annual property taxes for this property are $3,519 (2025). 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, 940 Monroe Avenue NW 123, Grand Rapids, MI 49503 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 940 Monroe Avenue NW 123, Grand Rapids, MI 49503 in a flood zone?
Per FEMA flood maps, this property is designated as Zone D, a moderate-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 940 Monroe Avenue NW 123, 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$2,495
Principal & interest$2,076
HOA$419
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
940 Monroe Avenue NW 123, Grand Rapids, MI 49503
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Municipality
Grand Rapids
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