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340 Cherry Street SE City of Grand Rapids, MI $ 949,000
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$ 949,000 Get more info
340 Cherry Street SE
$ 949,000
Back to search
Share Save

340 Cherry Street SE

City of Grand Rapids, MI, 49503
$ 949,000
Baths0.0

Monthly Estimate*

$ 5,843

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Studio Multi-Family Home for sale in City of Grand Rapids, MI for $949,000. This home was built in 1900 on a lot size of 0.14.

Discover an exceptional income-producing property in the heart of Grand Rapids! This massive duplex features two expansive units, one offering 6 bedrooms and the other 7 bedrooms. Making it ideal for investors or owner-occupants seeking rental income. It is located in the highly desirable Heritage Hill neighborhood and is located a short distance from downtown, hospitals, universities, and numerous restaurants. This home features plenty of character along with a blend of modern charm. Inside each unit you will find multiple bathrooms, spacious living and dining areas, updated kitchens with ample cabinetry, and in-unit laundry. Outside features a huge front porch, a quiet backyard with deck, and a private driveway for off-street parking. With its size, location, and updates, this duplex is a rare find. Be sure to schedule your showing today!

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Multi-Family Active

Price

$ 949,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,607

Style

MultiFamily

Lot Size

0.14

Year Built

1900

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65025052799
Features
General
Sewer PublicSewer SewerAtStreet StormDrain
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials WoodSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 13607.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://next-door-photos.vr-360-tour.com/e/RroBltM_P2o/e?accessibility=false&dimensions=false&hidelive=true&share_button=false&t_3d_model_dimensions=false https://next-door-photos.vr-360-tour.com/e/RroBltM_P2o/e?accessibility=false&dimensions=false&hidelive=true&share_button=false&t_3d_model_dimensions=false
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 273936
Legal Description LOT 2 & W 1/2 OF VACATED ALLEY ADJ ON E* WELTON S ADDITION
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea
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Exterior
Parking Features Concrete
Water Source Public
Total Parking 4.0
Lot Size Area 6055.0
Number of Buildings 1
Spa N
Lot Dimensions 55 x 110
Lot Size Acres 0.14
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 340
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* Excluded Features
List By
Joshua Schaub

Listing Agent

Icon Realty Group Llc

Broker

(616) 690-7973

Phone

Affordability Calculator

$6,977
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,843
Monthly Property Taxes
$1,134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909624 Elementary School
4909684 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/5/2026$949,000 -1.15% Price Down
11/30/2025$960,000 -4.00% Price Down
10/14/2025$1,000,000 Listed Price

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340 Cherry Street SE, City of Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $949,000 with a lot size of 0.14. 340 Cherry Street SE is a studio with 0.0 baths and was built in 1900. The property's zip code is 49503 which is in City of Grand Rapids, MI

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