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    • Price cut: $10K (6/30)
    $869,000

    340 Cherry St SE, Grand Rapids, MI 49503

    13beds
    6baths
    5,786sqft
    : 
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    2 to 4 Units
    Built in 1900
    -- sqft lot
    $837,300 Zestimate®
    $150/sqft
    $-- HOA

    What's special

    Multiple bathroomsHuge front porchQuiet backyard with deckExpansive unitsIn-unit laundry
    Discover an exceptional income-producing property in the heart of Grand Rapids! This massive duplex features two expansive units, one offering 6 bedrooms and the other 7 bedrooms. Making it ideal for investors or owner-occupants seeking rental income. It is located in the highly desirable Heritage Hill neighborhood and is located a short distance from downtown, hospitals, universities, and numerous restaurants. This home features plenty of character along with a blend of modern charm. Inside each unit you will find multiple bathrooms, spacious living and dining areas, updated kitchens with ample cabinetry, and in-unit laundry. Outside features a huge front porch, a quiet backyard with deck, and a private driveway for off-street parking. With its size, location, and updates, this duplex is a rare find. Be sure to schedule your showing today!
    277 days
    |
    1,155
    |
    59
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Schaub 616-690-7973,

    Icon Realty Group LLC 616-216-2000

    Source: MichRIC,MLS#: 25052799MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 6
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: Common Area
      Features
      • Basement: Full
      Interior area
      • Total interior livable area: 5,786 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Concrete, Driveway
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 55 x 110
      Details
      • Parcel number: 411430381002
      • Zoning description: RES

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Wood Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer, Storm Sewer
      • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

      Community & HOA

      Location
      • Region: Grand Rapids

      Financial & listing details

      • Price per square foot: $150/sqft
      • Tax assessed value: $273,936
      • Annual tax amount: $13,607
      • Date on market: 10/14/2025
      • Listing terms: VA Loan,FHA,Cash,Conventional
      • Tenant pays: Electricity, Water, Sewer, Gas
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $837,300

        $795,000 - $879,000

        $2,167/mo

        Price history

        DateEventPrice
        6/30/2026Price change$869,000-1.1%$150/sqft
        Source: MichRIC #25052799 Report a problem
        5/8/2026Price change$879,000-2.2%$152/sqft
        Source: MichRIC #25052799 Report a problem
        4/9/2026Price change$899,000-1.6%$155/sqft
        Source: MichRIC #25052799 Report a problem
        2/17/2026Price change$914,000-3.7%$158/sqft
        Source: MichRIC #25052799 Report a problem
        1/5/2026Price change$949,000-1.1%$164/sqft
        Source: MichRIC #25052799 Report a problem
        11/30/2025Price change$960,000-4%$166/sqft
        Source: MichRIC #25052799 Report a problem
        10/14/2025Listed for sale$1,000,000+141%$173/sqft
        Source: MichRIC #25052799 Report a problem
        12/21/2024Listing removed$3,600$1/sqft
        Source: Zillow Rentals Report a problem
        11/1/2024Listed for rent$3,600+5.9%$1/sqft
        Source: Zillow Rentals Report a problem
        6/18/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/15/2024Listed for rent$3,400$1/sqft
        Source: Zillow Rentals Report a problem
        3/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/1/2022Listed for rent$3,400+13.3%$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        1/19/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        1/10/2022Listed for rent$3,000$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        11/12/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        11/9/2021Price change$3,000+11.1%$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        10/15/2021Listed for rent$2,700
        Source: Zillow Rental Network Premium Report a problem
        12/7/2020Sold$415,000$72/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,779 $285,400 +7.4%
        2024-- $265,700 +101%
        2021$7,242 $132,200
        2020$7,242 +0.7%$132,200 -2.6%
        2019$7,188 $135,700
        2018-- $135,700
        2017$7,259 $135,700
        2016$7,259 $135,700
        2015$7,259 +4.6%$135,700
        2013$6,937 $135,700
        2011-- $135,700
        2010-- $135,700
        2009-- $135,700 -13.5%
        2007-- $156,800 -2%
        2006-- $160,000 -2.1%
        2005-- $163,455 +3.3%
        2004-- $158,234 +63.5%
        2002-- $96,808 +3.2%
        2001-- $93,807
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Heritage Hill

        Getting around

        87 / 100
        Very Walkable
        58 / 100
        Good Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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