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623 Cherry Street SE City of Grand Rapids, MI $ 689,900
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$ 689,900 Get more info
623 Cherry Street SE
$ 689,900
Back to search
Share Save

623 Cherry Street SE

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

Monthly Estimate*

$ 4,304

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Studio Multi-Family Home for sale in City of 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

MultiFamily

Lot Size

0.39

Year Built

1875

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65025052945
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Utilities ElectricityConnected NaturalGasConnected
Possession CloseOfEscrow SubjectToTenantRights
Construction Materials WoodSiding
Year Built 1875
Property Subtype MultiFamily
Tax Year 2024
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Pending
Directions North side of Cherry St just East of Union
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 5
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 16500.0
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
Standard Status Pending
Tax Assessed Value 320434
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Exterior
Water Source Public
Total Parking 4.0
Lot Size Area 16901.0
Foundation Details MichiganBasement
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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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 623
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* Excluded Features
List By
Lauren Karsten

Listing Agent

Five Star Real Estate (Ada)

Broker

(616) 690-8355

Phone

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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Nearby
4909624 Elementary School
4909684 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/14/2025$689,900 Listed Price

Map

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623 Cherry Street SE, City of 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 City of Grand Rapids, MI

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