Sold
940 Monroe Avenue NW 341, Grand Rapids, MI 49503
Sold on 06/03/2026 for$330,000
MLS # 26006590 (Michigan Regional Information Center (MichRIC))
2 beds1 bath930 sqftBuilt 18920 acres
1 / 47
Listing Description
Elevated downtown living with premium updates and iconic Boardwalk character! This beautifully updated *RIVER VIEW* 2-bedroom condo combines historic charm with modern finishes, featuring exposed brick, rustic wood beams, soaring ceilings, and abundant natural light. 2-year-old furnace and water heater offer added peace of mind. The interior stands out from many comparable units with quartz countertops throughout, WASHER HOOKUPS, updated flooring, and a stylish, move-in-ready feel from top to bottom. The open-concept layout provides great flow for everyday living and entertaining, with flexible bedroom space for guests or a home office. Enjoy all Boardwalk amenities, including pool/hot tub, fitness center, community rooftop deck, club and theater center, courtyards with grills, and on-site conveniences such as a restaurant/bar, coffee shop, and salon. One covered parking space is included. Prime downtown Grand Rapids location near the riverfront, parks, restaurants, and entertainmen
Source: SparkMLS
About this home
Located in Grand Rapids in Grand Rapids, this property offers 2-bedroom, 1-bath, 930 sq ft, with original construction dating to 1892.
Final sale price: $330,000 (about $355/sq ft).
Estimated annual property tax: $5,625, or about $469 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.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area930 sqft
Year Built1892
Stories1
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49503
CountyKent
School DistrictGrand Rapids
Construction & Systems
StyleHistoric
ConstructionBrick
BasementOther
Garage1 space
HeatingHeat Pump
WaterPublic
SewerPublic
InteriorElevator, Hot Tub Spa, Center Island
Sale & Financing
Listed2/23/2026
Sold Date6/2/2026
Original Price$345,000
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
HOA
HOA Fee$399 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$5,625
Tax Year2025
State Equalized Value$138,200
Taxable Value$111,888
Assessed Value$108,947
Parcel #411324285151
Source: Public Records
Legal Description
LL in LO
Property Records
FEMA Flood Zone: Zone D — Undetermined flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tyler Johnson
Clear Realty Group
Frequently Asked Questions about 940 Monroe Avenue NW 341, Grand Rapids, MI 49503
Which school district serves 940 Monroe Avenue NW 341, Grand Rapids, MI 49503?
Per MLS# 26006590, 940 Monroe Avenue NW 341, 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# 26006590, this listing accepts Cash, FHA, VA Loan, MSHDA, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 940 Monroe Avenue NW 341, Grand Rapids, MI 49503?
Per public tax records, annual property taxes for this property are $5,625 (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 341, 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 940 Monroe Avenue NW 341, 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 341, 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$2,520
Principal & interest$2,121
HOA$399
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 341, Grand Rapids, MI 49503
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Municipality
Grand Rapids
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