622 Stanley Terrace Grand Rapids, MI $ 384,900
622 Stanley Terrace
$ 384,900
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622 Stanley Terrace

Grand Rapids, MI, 49503
$ 384,900
Bedrooms-- Baths0.0 Sq 1,920

Monthly Estimate*

$ 2,430

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Multi-Family Home for sale in Grand Rapids, MI

for $384,900. 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

Property Type

Multi-Family

Taxes

$ 7,188

Style

Lot Size

0.1

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70559014

Features
General
Heating Forced Air
Status Active Active
Year Built 1900
County Kent
Class MULTIFAMILY
Type Multi-Family
Municipality Grand Rapids
Zoning Multi-Family
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Grand Rapids (41032)
Primary City Grand Rapids
Directions N off Fulton on to Union. East on to Stanley Terrace.
City Grand Rapids
School District Grand Rapids City School Distric
Financial Terms Cash Conventional
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 & 96.5
DOM 15
Postal Code 49503
Price Per Sq Ft Total AG 200.47
Public Remarks 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
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Exterior
Exterior Wood
Frontage 44
Lot Size Area 0.1
Lot Dimensions 44 x 97
Lot Description Sidewalks Wooded
Roads Paved Street
Waterfront Y/N No
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Interior
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Charles Laufer

Listing Agent

Five Star Real Estate (Ada)

Broker

chiplaufer@gmail.com

Email

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
3147031 Elementary School
3147033 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$384,900 Listed Price

Map


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622 Stanley Terrace, 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 has 0.0 baths and was built in 1900. The property's zip code is 49503 which is in Grand Rapids, MI