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Condo21780 sq ft

Monroe Terrace Condominiums

Great schools with outdoor access

🏙️0.8 mito Downtown GR
🏞️29 mito Lake Michigan
🚶Top 12% walkability💰Top 21% home values🏡Top 25% lot size🌳Top 3% park access
GR

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3 homes sold in Monroe Terrace Condominiums this year. Thinking of selling?

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🎓Schools
43

Average schools

  • Grand Rapids Public Schools
  • 40 rated schools nearby
  • Best nearby: 8/10
💰Home Values

$408K median

  • 3 sales in last 12mo
  • $62K median household income
  • 55% owner-occupied
🚶Walkability
62

Very walkable

  • Skate Park (CCW): 0 min walk
  • 11 places within a 10 min walk
🛝Walk to a playground

If you're making the drive to Monroe Terrace, know this upfront: you're buying location and view more than sprawl. The condos sit on a hilltop in Belknap Lookout, that neighborhood perched 160 feet above downtown Grand Rapids, and the vistas justify the elevation—downtown spreads out below like something you'd normally need a plane ticket to see. Homes here run around $439K, and while the buildings themselves are modest, the real estate is the bluff. You're minutes from restaurants and coffee shops (literally steps), with 462 dining options within a mile and transit stops equally close. Downtown is 2.7 minutes away, which means you can be at your desk faster than you can order a second coffee.

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Grand Rapids Real Estate Co.

Local real estate specialists

Questions about Monroe Terrace Condominiums? Our team can help with availability, schools, and what it's really like to live here.

Mortgage Calculator

Median home price in Monroe Terrace Condominiums

Estimated Monthly Payment

$2,770/mo

$
$81,600
20%
%
Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.

Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access

Your Budget in Monroe Terrace Condominiums

Median home price: $408,000

See homes that fit your budget

Your budget of $234,189 works for starter homes and condos in this area

Tip: A lower down payment or first-time buyer programs could help you get here sooner.

$

Car loans, student loans, credit cards, etc.

$
20%

$1,138/mo

Median Rent

3 sold in the past 12 months — homes here go fast

Nearby Schools

4.3
/10 avg
Average schools

Based on 40 rated schools nearby

Range: 1/10 to 8/10

Elementary

22

K-5 nearby

Middle

5

6-8 nearby

High School

18

9-12 nearby

School District: Grand Rapids Public Schools

8City MiddleHighHigh · 07-12 · 908 students · 23:1 · 0.0 mi
8Center for EconomicologyMiddle · 06-06 · 59 students · 22:1 · 0.0 mi
6Union High SchoolHigh · 09-12 · 922 students · 20:1 · 0.0 mi
6Blandford SchoolMiddle · 06-06 · 60 students · 23:1 · 0.0 mi
5John Ball Park Zoo SchoolMiddle · 06-06 · 59 students · 26:1 · 0.0 mi
5Grand Rapids Public Museum HighHigh · 09-12 · 273 students · 17:1 · 0.0 mi
4Innovation Central HighHigh · 09-12 · 523 students · 16:1 · 0.0 mi
3Coit Creative Arts AcademyElementary · PK-05 · 242 students · 12:1 · 0.0 mi
2Riverside Middle SchoolMiddle · 06-08 · 248 students · 16:1 · 0.0 mi

At a Glance

Median Sale Price

$408K

3 sales in last 12mo

Units

36

Complex Size

0.50 ac

36 units

Median Income

$62K

Household

Walkability

6.2

Good

Overall walkability score out of 10

🛒Daily Errands
3.6
🍽️Dining
10.0
🌳Nature
4.5
🚌Transit
10.0
💪Fitness
3.0

Based on actual walk/bike/drive times to nearby amenities via Mapbox

Nearby Locations

Coffee Shops
Easy walk

Sweetwaters Coffee & Tea Monroe North

1 minwalk· 1 min bike· <1 min drive
🍺Bars & Breweries
Easy walk

Speakez Lounge

<1 minwalk· <1 min bike· <1 min drive
Broadway Bar
11 minwalk
Drip Drop Cocktail Room
13 minwalk
🌳Parks
Easy walk

Sixth Street Park

3 minwalk· 2 min bike· <1 min drive
Calder Plaza
9 minwalk
Coit Park
9 minbike
🛝Playgrounds
Short walk

Canal Street Park Playground

7 minwalk· 4 min bike· 2 min drive
Coit Park Playground
8 minbike
🏞️Lakes & Water
Quick drive

West Lake

9 mindrive
🏖️Beaches
Quick drive

Lamberton Lake Fen Nature Preserve Beach

12 mindrive
🥾Hiking Trails
Walkable

Grand Rapids Riverwalk West

11 minwalk· 6 min bike· 2 min drive
🐕Dog Parks
Quick drive

Wyoming Dog Park Dog Park

10 mindrive
🚴Bike Paths
Short walk

Fish Ladder Park Trail

10 minwalk· 4 min bike· 2 min drive
Canal Street Park Trail
12 minwalk
Boat Launches
Quick drive

Comstock Riverside Park Launch

6 mindrive· 14 min bike
Butterworth Park Launch
6 mindrive
Johnson Park Launch
14 mindrive
Grandville Launch
14 mindrive

+1 more

💪Gyms & Fitness
Bikeable

Planet Fitness

10 minbike· 23 min walk· 4 min drive
🚌Transit Stops
Easy walk

Skate Park (CCW)

<1 minwalk· <1 min bike· <1 min drive
Skate Park (CW)
<1 minwalk
Riverwalk North (CCW)
3 minwalk
Riverwalk North (CW)
4 minwalk

+1 more

👶Daycares
Quick drive

Kidz Clubhouse

9 mindrive
🎬Movie Theaters
Bikeable

Celebration Cinema Studio Park

9 minbike· 20 min walk· 4 min drive
AMC Grand Rapids 18
9 mindrive

3 sold in the past 12 months — homes here go fast

Data sources: parcels, sales, schools, census · Updated 4/19/2026