623 Cherry Street SE Grand Rapids, MI $ 689,900
623 Cherry Street SE
$ 689,900
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623 Cherry Street SE

Grand Rapids, MI, 49503
$ 689,900
Baths0.0

Monthly Estimate*

$ 4,304

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $689,900. This home was built in 1875 on a lot size of 0.39.

Great investment opportunity with this Cherry Hill 5 unit property! All units are 1 bedroom/1 bathroom and bringing in a total of 6,815/month in rent. The property also offers amble off street parking! Conveniently located to Medical Mile, downtown Grand Rapids, shopping, nightlife, local coffee shops, and restaurants. Call today to set up a showing and add to your investment portfolio!

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Multi-Family Pending

Price

$ 689,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 16,500

Style

5+ Units

Lot Size

0.39

Year Built

1875

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

25052945

Features
General
Heating Forced Air
Utilities Natural Gas Connected Electricity Connected
Possession Close Of Escrow Subject To Tenant Rights
Construction Materials Wood Siding
Year Built 1875
Tenant Pays Trash
Township City of Grand Rapids
Property Subtype 5+ Units
Tax Year 2025
County Kent
New Construction N
Property Type Multi Family
Status Pending
Directions North side of Cherry St just East of Union
City Grand Rapids
High School District Grand Rapids
Zoning Description RES
Number Of Units Total 5
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 16901.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 16500.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Pending
Tax Assessed Value 320434
Senior Community None
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Interior
Basement Michigan Basement
Basement (Y/N) Y
Heating Y/N Y
Total Baths 0
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Exterior
Total Parking 4.0
Lot Size Area 0.39
Number of Buildings 1
Spa N
Lot Dimensions 64x264
Lot Size Acres 0.39
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 623
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* Excluded Features
List By
Five Star Real Estate (Ada)

Broker

realtorlaurenk@gmail.com

Email

Affordability Calculator

$5,679
Per Month
76%
24%
0%
Monthly Principal & Interest
$4,304
Monthly Property Taxes
$1,375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$689,900 Listed Price

Map


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623 Cherry Street SE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $689,900 with a lot size of 0.39. 623 Cherry Street SE is a studio with 0.0 baths and was built in 1875. The property's zip code is 49503 which is in Grand Rapids, MI