$319,000

623 Lane Avenue NW 625, Grand Rapids, MI 49504

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon4,600sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 days ago

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.

Listing Status:
Active
Date Added:
June 23, 2026
Data Last Updated:
July 5, 2026 at 12:39AM
Listing Office:
ReSIDE Grand Rapids : 616-419-9637
Listing Agent:
Connor Anderson : 616-648-6353
MLS ID:
26031290
  • Laundry: Gas Dryer HookupWasher HookupIn UnitElectric Dryer Hookup
  • Basement: Michigan Basement
  • Heating: Forced Air
  • Parking: PavedConcreteParking spaces: 2
  • General: Vinyl Siding
  • Road/Access: Paved
  • Originating MLS: Michigan Regional Information Center (MichRIC)
  • School District: Grand Rapids
  • County: Kent
  • Zoning: LOT 402* PANFIL S ASSESSOR S PLAT NO. 22* OF PART OF THE W 1/2 OF THE SE 1/4 OF SECTION 23 T 7 N R 12 W41-13-23-413-014
  • Utilities: Natural Gas ConnectedElectricity ConnectedCable AvailableElectricity AvailableNatural Gas AvailablePhone Available
  • Water: Public Water
  • Sewer: Public Sewer
  • Source: Michigan Regional Information Center (MichRIC)
  • Ownership: Private Owned

This listing courtesy of Connor Anderson , ReSIDE Grand Rapids

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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