Address
622 Stanley Terrace Ne, Grand Rapids, MI
Price
$ 384,900
Property Attributes
- MLS#26049352
- Type
- Listing Status Active
- CountyKENT
- CityGrand Rapids
- AreaCity of Grand Rapids
- NeighborhoodCity of Grand Rapids
- Zip49503
- Style2 to 4 Units
- Year Built1900
- Taxes$ 7188
- Price$ 384,900
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.1 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
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.
| Price History | |
|---|---|
| 9/16/2026 | Listed $384,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Utilities | Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer |
| Possession | Close Of Escrow |
| Roof | Composition |
| Construction Materials | Wood Siding |
| Year Built | 1900 |
| Tenant Pays | Electric |
| Township | City of Grand Rapids |
| Property Subtype | 2 to 4 Units |
| Tax Year | 2025 |
| Ownership | Broker/Agent Owned |
| OwnerPays | Water,Sewer,Gas |
| County | Kent |
| New Construction | No |
| Property Type | Multi Family |
| Attached Garage | No |
| Status | Active |
| Directions | N off Fulton on to Union. East on to Stanley Terrace. |
| City | Grand Rapids |
| High School District | Grand Rapids |
| Zoning Description | RMMM2_RES MULTI |
| Number Of Units Total | 2 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 4269.0 |
| Listing Terms | Cash,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 7188.4 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Tax Assessed Value | 139215 |
| MobileHomeRemainsYN | No |
| 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. |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Laundry Features | Lower Level |
| Total Baths | 2 |
Exterior Features
| Parking Features | Aggregate,Driveway |
|---|---|
| Lot Features | Sidewalk,Wooded |
| Total Parking | 2.0 |
| Lot Size Area | 0.1 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 44 x 97 |
| Lot Size Acres | 0.1 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Average in 49503
Price
Taxes
Year Built
Visits
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for 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 deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 22, 2026 6:54 AM UTC
