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622 Stanley Terrace NE City of Grand Rapids, MI $ 384,900
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622 Stanley Terrace NE
$ 384,900
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622 Stanley Terrace NE

City of Grand Rapids, MI, 49503
$ 384,900
Bedrooms4 Baths0.0 Sq 1,920

Monthly Estimate*

$ 2,430

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Multi-Family Home for sale in City of Grand Rapids, MI for $384,900 with 4 bedrooms. This 1,920 square foot home was built in 1900 on a lot size of 0.1.

Great investment opportunity in Grand Rapids! Situated on a quiet cul-de-sac, this tenant-occupied duplex features two units, each offering 2 bedrooms and 1 full bath, with separate electric service for each unit. One unit is currently leased on a month-to-month basis, while the other lease runs through February 2027. Tenant rights apply. Recent 2026 improvements include a new roof, fresh exterior paint on the upper portion of the home, new exterior stairs and upper rear deck, plus a new upper front deck. Enjoy a quiet residential setting while still being within walking distance of downtown Grand Rapids, restaurants, shopping, entertainment, and more. An excellent opportunity for investors looking to add a well-located multi-family property to their portfolio. Please do not disturb tenants. Minimum 48-hour notice required for all showings. Tenant rights apply. Owner is a licensed real estate agent in the State of Michigan.

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Multi-Family Active

Price

$ 384,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 7,188

Style

MultiFamily

Lot Size

0.1

Year Built

1900

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026049352
Features
General
Sewer PublicSewer SewerAtStreet StormDrain
Heating ForcedAir NaturalGas
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneAvailable PhoneConnected SewerConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials WoodSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions N off Fulton on to Union. East on to Stanley Terrace.
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description HeavyIndustry
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7188.4
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
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 139215
Legal Description 411430280023 PART OF LOT 2 COM ON CL OF STANLEY TERR 203 FT E OF E LINE UNION AVE TH S 112.0 FT TH E 44 FT N 112.0 FT TO CL OF STANLEY TERR TH W 44 FT TO BEG EX COM 203 FT E OF E LINE UNION AVE & 96.
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features LowerLevel
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Exterior
Parking Features Aggregate
Lot Features Wooded
Water Source Public
Total Parking 2.0
Lot Size Area 4269.0
Number of Buildings 1
Spa N
Building Area Total 1920.0
Lot Dimensions 44 x 97
Lot Size Acres 0.1
Road Surface Type Paved
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 1 622
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* Excluded Features
List By
Charles Laufer

Listing Agent

Five Star Real Estate (Ada)

Broker

(616) 437-3521

Phone

Affordability Calculator

$3,029
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,430
Monthly Property Taxes
$599
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
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Pricing History
DatePricePrice ChangeDescription
9/16/2026$384,900 Listed Price

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622 Stanley Terrace NE, City of Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $384,900 with 1,920 sqft and a lot size of 0.1. 622 Stanley Terrace NE has 4 bedrooms, 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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