For Sale Multi-Family MLS# 26049352

622 Stanley Terrace NE

Grand Rapids, MI 49503

$384,900

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Listing Office

Officemichigan-regional-information-center-llc-rsd logoFive Star Real Estate (Ada)
AgentCharles Laufer

About 622 Stanley Terrace NE

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.

Property details

Property

Type
2 to 4 Units
MLS type
Multi Family Home
Status
Active
Year built
1900
Lot
0.098
Original price
$384,900
MLS #
26049352

Interior

Features
Full
Heating
Forced Air
Laundry
Lower Level

Exterior & lot

Features
Parking spaces: 2
Construction
Wood Siding
Roof
Composition
Parking
Aggregate

Schools

District
Grand Rapids Public Schools

Utilities

Utilities
Public Sewer, Public Water, Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water
Sewer
Public Sewer

Financial

Financial
Michigan Regional Information Center (MichRIC), Broker/Agent Owned
Annual tax
$7,188
Tax year
2025
Parcel
41-14-30-280-023
Legal
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 & 96.5 FT S OF CL STANLEY TERR TH S 15.5 FT E 44 FT N 20 .5 FT TH FOLLOWING A CURVE OF A 5 FT RADIUS TO A PT 39 FT E OF BEG TH W 39 FT TO BEG* ALLYN'S ADDITION

Location

County
Kent
Neighborhood
Midtown
Community
Paved, Grand Rapids
Directions
N off Fulton on to Union. East on to Stanley Terrace.

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.