Active

$384,900

622 Stanley Ter NE, Grand Rapids, MI 49503

4beds

2baths

1,920sqft

$2,844/mo

Get pre-qualified

2 to 4 Units

Built in 1900

-- sqft lot

$371,100 Zestimate^®

$200/sqft

$-- HOA

What's special

New upper front deckQuiet cul-de-sacNew roof

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.

53 days
488
33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air

Appliances

Laundry: Lower Level

Features

Basement: Full

Interior area

Total interior livable area: 1,920 sqft

Property

Parking

Total spaces: 2
Parking features: Aggregate, Driveway

Lot

Size: 4,356 Square Feet
Dimensions: 44 x 97
Features: Sidewalk, Wooded

Details

Parcel number: 411430280023
Zoning description: RMMM2_RES MULTI

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, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $200/sqft
Tax assessed value: $139,215
Annual tax amount: $7,188
Date on market: 9/16/2026
Listing terms: Cash,Conventional
Tenant pays: Electricity
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$371,100

$353,000 - $390,000

$1,555/mo

Price history

Date	Event	Price
9/16/2026	Listed for sale	$384,900+13.2%$200/sqft
Source: MichRIC #26049352 Report a problem
6/25/2022	Sold	$340,000$177/sqft
Source: MichRIC #22004547 Report a problem
3/9/2022	Sold	$340,000+4.6%$177/sqft
Source: Public Record Report a problem
2/16/2022	Pending sale	$325,000$169/sqft
Source: MichRIC #22004547 Report a problem
2/15/2022	Listed for sale	$325,000+68.4%$169/sqft
Source: MichRIC #22004547 Report a problem
6/17/2014	Sold	$193,000-2.5%$101/sqft
Source: Public Record Report a problem
5/15/2014	Listed for sale	$198,000$103/sqft
Source: Grand Rapids Market Center East #14025724 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$7,188 +2.7%	$156,800 +6.4%
2025	$7,002	$147,400 +6.3%
2024	--	$138,600 +36.6%
2021	$2,469	$101,500 +13.3%
2020	$2,469 +3.3%	$89,600 +9.3%
2019	$2,389	$82,000 +4.9%
2018	--	$78,200 +13.2%
2017	$3,072	$69,100 +31.1%
2016	$3,072	$52,700
2015	$3,072 +14%	$52,700 +32.4%
2013	$2,694	$39,800 -16.2%
2011	--	$47,500 -1.9%
2010	--	$48,400 -0.6%
2009	--	$48,700 -26.3%
2007	--	$66,100 +93.1%
2006	--	$34,232 +3.7%
2005	--	$33,011 +3.3%
2004	--	$31,957 +6.2%
2002	--	$30,086 +3.2%
2001	--	$29,154