623 Cherry St SE Grand Rapids, MI 49503
East Hills NeighborhoodEstimated payment $5,090/month
Highlights
- 0.39 Acre Lot
- Wood Siding
- 3-minute walk to Cherry Park
- Forced Air Heating System
About This Home
Great investment opportunity with this Cherry Hill 5 unit property! All units are 1 bedroom/1 bathroom and bringing in a total of 6,815/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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,500
Year Built
- Built in 1875
Lot Details
- 16,901 Sq Ft Lot
- Lot Dimensions are 64x264
Parking
- 4 Parking Spaces
Home Design
- Wood Siding
Basement
- Michigan Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- 5 Units
Listing and Financial Details
- The owner pays for electricity, gas, sewer, water
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,888 | $321,100 | $0 | $0 |
| 2024 | $159 | $325,300 | $0 | $0 |
| 2023 | $15,370 | $296,000 | $0 | $0 |
| 2022 | $5,018 | $257,400 | $0 | $0 |
| 2021 | $174 | $156,600 | $0 | $0 |
| 2020 | $4,736 | $156,600 | $0 | $0 |
| 2019 | $4,841 | $104,400 | $0 | $0 |
| 2018 | $4,704 | $95,700 | $0 | $0 |
| 2017 | $4,597 | $85,300 | $0 | $0 |
| 2016 | $4,268 | $82,700 | $0 | $0 |
| 2015 | $4,067 | $82,700 | $0 | $0 |
| 2013 | -- | $78,300 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | Pending | -- | -- | -- |
| 10/14/2025 10/14/25 | For Sale | $689,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $600,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $38,000 | -- | |
| Warranty Deed | $99,000 | -- | |
| Warranty Deed | $55,000 | -- | |
| Warranty Deed | $24,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional |
Source: MichRIC
MLS Number: 25052945
APN: 41-14-30-432-039
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Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.