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940 Monroe Ave

Grand Rapids, MI 49503

1 bd 1 ba 764 sqft Built 1892 condos
Most recent sale
$194,000
Mar 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 8, 2026 Sold $240,000 MichRic
Apr 12, 2026 Listed $248,000 MichRic
Oct 5, 2022 Sold $205,000 MichRic
Jun 21, 2022 Listed $205,000 MLS #22025144
Mar 1, 2021 Sold $194,000 Public Record
Feb 13, 2021 Sold $194,000 MichRic
Jan 7, 2021 Listed $199,000 MLS #21000447
Mar 10, 2020 Listed $189,900 MLS #20009039
Jul 10, 2017 Sold $163,500 Public Record
Jul 9, 2016 Listing removed $1,350 AppfolioUnits
Jun 28, 2016 Listed for rent $1,350 AppfolioUnits
Sep 12, 2015 Listing removed $1,300 AppfolioUnits
Aug 19, 2015 Listed for rent $1,300 AppfolioUnits
Jul 1, 2015 Listing removed $1,600 AppfolioUnits
Jun 28, 2015 Listed for rent $1,600 AppfolioUnits
Mar 5, 2007 Sold $119,900 Public Record

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1892
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
764 sqft
Lot size
ZIP code
49503
City
Grand Rapids
Street
Monroe Ave
Coordinates
42.97949, -85.67158

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,146
Gross rental yield
7.09%
Implied cap rate
4.61%
Trend-extrapolated value

Frequently asked questions

When did 940 Monroe Ave last sell?
940 Monroe Ave most recently sold on Mar 1, 2021 for $194,000.
What is the current tax assessment for 940 Monroe Ave?
No tax-assessment history is recorded for this parcel.
When was 940 Monroe Ave built?
940 Monroe Ave was built in 1892.
How does 940 Monroe Ave compare to others on Monroe Ave?
We track 8 other properties on Monroe Ave. Browse the list under "Other properties on Monroe Ave" to compare beds, baths, and sale history.
What are the property facts for 940 Monroe Ave?
940 Monroe Ave is a 1 bed, 1 bath, 764 sqft condos.
Is 940 Monroe Ave a flip candidate?
No — 940 Monroe Ave does not appear in our flips dataset.
Is 940 Monroe Ave a tax-appeal candidate?
No — 940 Monroe Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$432.4K
2026 Q4
$439.7K
ZIP 49503 — Median Price History + Forecast

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