Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2 Baths

$384,900

622 Stanley Terrace NE, Grand Rapids MI, 49503

Price per sqftN/A
Built in1900
Property typeMulti-family
Courtesy of Charles Laufer, Five Star Real Estate (Ada)

Overview

Active

Listed Sep 16, 2026

Updated 2 weeks ago

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.

$2,561/mo

Est. mortgage payment based on a $384,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26049352

Interior Features

Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$7,188
Tax Frequency
Annually
MLS provider logo

Courtesy of Five Star Real Estate (Ada)

The IDX display contains information sourced from the MichRIC® as of 9/23/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 MichRIC® All rights reserved.

Data last updated 9/23/2026

Powered by Luxury Presence