Listing provided courtesy of Keller Williams GR North- MLS# 26019325MLS ProviderSource MLS Verified

940 Monroe Avenue NW #531Grand Rapids, MI 49503

Condo/Townhouse · 1 Full Bath · 550 Sq. ft.
$209,900 Active

940 Monroe Avenue NW #531 Overview

Time on Site:
60 days
Visits:
0

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.

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940 Monroe Avenue NW #531 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 550
  • Price/Sq.ft. $382

Details

General

Association/HOA

  • Association Fee: 282.79
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Other,Water,Trash,Snow Removal,Sewer,Lawn/Yard Care
  • Association: Yes

School Information

  • Elementary School: Coit Creative Arts Academy
  • Middle Or Junior School: Center for Economicology
  • High School: Innovation Central High School

Building Information

  • New Construction: No
  • Year Built: 1892

Location/Region

  • County Or Parish: Kent
  • Subdivision Name: Boardwalk Condominiums

Tax Information

  • Tax Annual Amount: 3555.51

General Information

  • Parcel Number: 41-13-24-285-261
  • Property Sub Type: Condominium
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 0

Building Interior

  • Building Area Total: 550.0

General Information

  • Accessibility Features: Ramped Entrance
  • Appliances: Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Refrigerator,Washer
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Ceramic Tile,Laminate
  • Laundry Features: In Unit,Other,See Remarks
  • Living Area: 550.0
  • Rooms Total: 4
  • Security Features: 24 Hour Security,Building Security,Smoke Detector(s)
  • Stories: 1

Unit Information

  • Unit Number: 531

Exterior

Parking Information

  • Parking Features: Garage Door Opener,Attached

Lot Information

  • Lot Features: Sidewalk
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Water Body Name: Grand River
  • Waterfront: Yes

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Pool Features: In Ground
  • Sewer: Public
  • Utilities: Phone Connected,Cable Connected,High-Speed Internet

940 Monroe Avenue NW #531 Neighborhood

Community

49503 (GRAND RAPIDS) Demographics

30
Median Age
5,027
Population Density (per sq. mile)
53%
College Educated
$49,717
Estimated Median Income
6,183
Estimated Total Home Owners
9,640
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

940 Monroe Avenue NW #531 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

940 Monroe Avenue NW #531 Market Data

Based on the last 30 days in this zip code

$375,225
Average List Price
$268
Average Price per Square Foot
41
Properties Sold
77
Average Days on Market
198
Properties for Sale
Calculations provided by Reliance Network

940 Monroe Avenue NW #531 History

Date Event Value Agent
6/30/2026Source: MichRIC MLS Price Reduction
$209,900 -2.3%
6/5/2026Source: MichRIC MLS Price Reduction
$214,900 -2.3%
5/1/2026Source: MichRIC MLS Added to Database
May 01, 2026