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623 Lane , #625

Grand Rapids, MI 49504
  • $305,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 26031290
UPDATED: 201 min ago
$305,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1905
County:

School Ratings & Info

Description

Rare investment opportunity featuring two homes on one lot currently rented for $2,600+ but with room to boost rents. The front house is 4 beds and 2 baths with great long term tenant paying $1,300 and solid mechanicals. The back house is 3 bed 1 bath with tenants in place paying $1,320. Market rents around $1,800 for front house and $1,600 for back house for a total of $3,400. This property on the booming West Side is a great addition to any investor's portfolio with proven rental history and multiple income streams. Whether you're a seasoned investor or looking to start building wealth through real estate, this income-producing property offers excellent upside and long-term value.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-15T23:48:27.657.
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623 Lane , #625 Grand Rapids, MI 49504

  • Price: $305,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 201 min ago
  • MLS #: 26031290
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1905
Built
Neighborhood:
Grand Rapids (41032)
County:
Kent
Area:
Grand Rapids (41032)
School District:
Grand Rapids City School Distric
Property Description
Rare investment opportunity featuring two homes on one lot currently rented for $2,600+ but with room to boost rents. The front house is 4 beds and 2 baths with great long term tenant paying $1,300 and solid mechanicals. The back house is 3 bed 1 bath with tenants in place paying $1,320. Market rents around $1,800 for front house and $1,600 for back house for a total of $3,400. This property on the booming West Side is a great addition to any investor's portfolio with proven rental history and multiple income streams. Whether you're a seasoned investor or looking to start building wealth through real estate, this income-producing property offers excellent upside and long-term value.
Exterior Features

Exterior Construction Vinyl Siding Foundation Type Basement Frontage 37 Garage Type Additional Garage(s) Lot Description Wooded Lot Size 37.5*122.55*37.5*122.65 Roads Paved Street Waterfront YN No

Interior Features

Basement Type MI Basement Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Association Or Landlord Pays Trash RemovalWater/Sewer Financial Terms Cash For Sale Or Rent For Sale Municipality Grand Rapids Principal Res Exempt YN No Property Type Multi-Family SEV 174100 Taxable Value 174100 Total Tax Amount 8990 Total Tax Year 2025 Unit1 Occupied YN Yes Unit1 Rent Rate 1300 Unit2 Occupied YN Yes Unit2 Rent Rate 1320

Listing courtesy of ReSIDE Grand Rapids : (616) 419-9637.

Source MLS: MiRealSource
Originating MLS: Greater Regional AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-15T23:48:27.657.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507