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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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622 Stanley Terrace NE , Grand Rapids, MI 49503
$384,900
Est. Payment: $855.33/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 1
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g064554 - glauf2199
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by Charles Laufer , 616-437-3521 Five Star Real Estate (Ada) , 616-425-7600.

Property Type

Multi-Family
Lot/Acreage
0.1

Year Built

1900

County

Kent

 School District

Grand Rapids

Listing ID

26049352

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:
Basement:Full

Exterior Features

Lot:Sidewalk,Wooded
Garage Capacity:2
Roof:Composition
Sewer:Public Sewer
Parking Features:Aggregate,Driveway
Principal Interest
$855
Taxes
$599

Home Price

$384,900

Loan Details

30 yrs
%

Down Payment

20%
$76,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$855.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $855.33 $599.03 $0.00 $1,454.37
Yearly $10,264.00 $7,188.40 $0.00 $17,452.40
Total $307,920.00 $215,652.00 $0.00 $523,572.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Grand Rapids, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.