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Listing provided courtesy of Five Star Real Estate (Ada)- MLS# 26029645MLS ProviderSource MLS Verified

623 Cherry Street SEGrand Rapids, MI 49503

Multi-Family · 0.39 Acres
$689,900 Active

623 Cherry Street SE Overview

Time on Site:
14 days
Visits:
0

Great investment opportunity with this Cherry Hill 5 unit property! All units are 1 bedroom/1 bathroom and bringing in a total of 6,985/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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623 Cherry Street SE Facts & Features

  • Type Multi-Family
  • Lot 0.39 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1875

Location/Region

  • County Or Parish: Kent

Rent/Lease Information

  • Tenant Pays: Trash

Tax Information

  • Tax Annual Amount: 16500.0

General Information

  • Parcel Number: 41-14-30-432-039
  • Property Sub Type: 5+ Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

    Exterior

    Lot Information

    • Lot Size Acres: 0.39
    • Lot Size Area: 0.39
    • Lot Size Dimensions: 64x264
    • Lot Size Square Feet: 16901.0
    • Lot Size Units: Acres

    Waterfront/View

    • Waterfront: No

    Building Exterior/Construction

    • Construction Materials: Wood Siding

    General Information

    • Number Of Units Total: 5
    • Utilities: Natural Gas Connected,Electricity Connected

    623 Cherry Street SE Neighborhood

    Community

    49503 (Grand Rapids) Demographics

    30
    Median Age
    5,027
    Population Density (per sq. mile)
    53%
    College Educated
    $49,717
    Estimated Median Income
    6,183
    Estimated Total Home Owners
    9,640
    Estimated Total Renters
    39% / 61%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    623 Cherry Street SE Monthly Cost

    $
    $ %
    %
    $
    $
    Corinne Guerra
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    623 Cherry Street SE Market Data

    Based on the last 30 days in this zip code

    $375,225
    Average List Price
    $268
    Average Price per Square Foot
    41
    Properties Sold
    77
    Average Days on Market
    198
    Properties for Sale
    Calculations provided by Reliance Network

    623 Cherry Street SE History

    Date Event Value Agent
    6/16/2026Source: MichRIC MLS Added to Database
    June 16, 2026