$319,000

623 Lane Avenue, Grand Rapids, MI 49504

Multi-Family Home
Built in 1905
4,792sqft lot
—— car garage
$——/sqft
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
Data Last Updated:: July 5, 2026 at 6:46AM
Listing Office:: ReSIDE Grand Rapids : 616-419-9637
Listing Agent:: Connor Anderson : 616-648-6353
MLS ID:: 70540987

Basement: MI Basement
Heating: Forced Air

General: Vinyl SidingBasement

Road/Access: Paved
Originating MLS: MiRealSource
School District: Grand Rapids City School District
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 W

Source: MiRealSource

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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