Property Type:
Multi Family
Lot Size (sq. ft.):
16,901
Status:
Pending
Current Price:
$689,900
List Date:
10/14/2025
Last Modified:
3/24/2026
623 Cherry Street SE, Grand Rapids, MI 49503
$689,900
Overview
Description
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!
Listing Details MLS# 25052945
Location Property Info
- County
- Kent
- Street #
- 623
- Street Name
- Cherry
- Suffix
- Street
- Post Direction
- SE
- State
- MI
- Zip Code
- 49503
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 16901
- Lot Acres
- 0.39
- Lot Dimensions
- 64x264
- Year Built
- 1875
- New Construction
- No
- Cert of Compliance
- Yes
- Road Frontage
- 64
- Total # Units
- 5
- # of Diff Unit Floor Plans
- 5
- Total # Bldgs
- Yes
- Total Parking Spaces
- 4
- Waterfront
- No
- School District
- Grand Rapids
- Basement
- Yes
Tax Info
- Tax ID #
- 41-14-30-432-039
- Taxable Value
- 320434
- SEV
- 321100
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 16500
- Tax Year
- 2024
- Spec Assessment & Ty
- N/A
- Zoning
- RES
- Homestead %
- 0
Remarks Misc
- Directions
- North side of Cherry St , just East of Union
Status Change Info
- Under Contract Date
- 2025-11-04
More Information
Waterfront Options
- Water Access Y/N
- No
Access Feat
- Accessibility Features
- No
Unit 1
- Unit Description
- Yes
- SqFt
- 690
- Occupied
- Yes
- Monthly Rent
- 1195
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 2
- Unit Description
- 2
- SqFt
- 548
- Occupied
- Yes
- Monthly Rent
- 1395
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit Description
- 3
- SqFt
- 624
- Occupied
- Yes
- Monthly Rent
- 1425
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 4
- Unit Description
- 4
- SqFt
- 615
- Occupied
- Yes
- Monthly Rent
- 1425
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 5
- Unit Description
- 5
- SqFt
- 540
- Occupied
- Yes
- Monthly Rent
- 1375
- Bathrooms
- Yes
- Full Baths
- Yes
Location & Property Info
- Cross Streets
- Cherry and Union
- Property Sub-Type
- 5+ Units
- Area
- Grand Rapids - G
- Municipality
- City of Grand Rapids
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Public Remarks
- 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!
Util Avail at Street
- Public Water
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Exterior Material
- Wood Siding
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Tenant Pays
- Trash
- Yes
Substructure
- Michigan Basement
- Yes
Owner Pays
- Electricity
- Yes
- Gas
- Yes
- Sewer
- Yes
- Water
- Yes
Possession
- Close Of Escrow
- Yes
- Subject To Tenant Rights
- Yes
Property Features
Exterior Material:
Wood Siding
Substructure:
Michigan Basement
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at Street:
Public Water
Owner Pays:
Electricity; Gas; Sewer; Water
Tenant Pays:
Trash
Heat Source:
Natural Gas
Heat Type:
Forced Air
Terms Available:
Cash; Conventional
Possession:
Close Of Escrow; Subject To Tenant Rights
Sale Conditions:
None
Listing Office:
Five Star Real Estate (Ada)
Listing Agent:
Lauren Karsten
Last Updated: March - 24 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
