623 Lane Avenue Nw #625, Grand Rapids, MI 49504

Grand Rapids
Local realty services provided by:ERA Greater North Properties
623 Lane Avenue Nw #625,Grand Rapids, MI 49504
$305,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: connor anderson
Office: reside grand rapids
MLS#:26031290
Source:MI_MICHRIC

Price summary

  • Price:$305,000

About this home

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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Home facts

  • Year built:1905
  • Listing ID #:26031290
  • Added:53 day(s) ago
  • Updated:August 16, 2026 at 03:35 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Michigan Basement

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1905
  • Lot area:0.11 Acres
  • Lot Features:Wooded
  • Construction Materials:Vinyl Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$305,000
  • Tax amount:$8,990 (2025)

Parking

  • Total parking spaces:2

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