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Active
    • $689,900

    623 Cherry St SE, Grand Rapids, MI 49503

    5beds
    5baths
    3,017sqft
    : 
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    5+ Units
    Built in 1875
    -- sqft lot
    $660,400 Zestimate®
    $229/sqft
    $-- HOA

    What's special

    Off street parking
    Great investment opportunity with this Cherry Hill 5 unit property! All units are 1 bedroom/1 bathroom and bringing in a total of 6,985/month in rent. The property also offers amble off street parking! Conveniently located to Medical Mile, downtown Grand Rapids, shopping, nightlife, local coffee shops, and restaurants. Call today to set up a showing and add to your investment portfolio!
    29 days
    |
    1,237
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Karsten 616-690-8355,

    Five Star Real Estate (Ada) 616-425-7600,

    Kevin P Knoll 616-437-4219,

    Five Star Real Estate (Grandv)

    Source: MichRIC,MLS#: 26029645MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      Heating
      • Forced Air
      Features
      • Basement: Michigan Basement
      Interior area
      • Total interior livable area: 3,017 sqft

      Property

      Parking
      • Total spaces: 4
      Lot
      • Size: 0.39 Acres
      • Dimensions: 64 x 264
      Details
      • Parcel number: 411430432039
      • Zoning description: RES

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5+ Units
      Materials
      • Wood Siding
      Condition
      • New construction: No
      • Year built: 1875

      Utilities & green energy

      • Utilities for property: Natural Gas Connected, Electricity Connected

      Community & HOA

      Location
      • Region: Grand Rapids

      Financial & listing details

      • Price per square foot: $229/sqft
      • Tax assessed value: $320,434
      • Annual tax amount: $16,500
      • Date on market: 6/16/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $660,400

        $627,000 - $693,000

        $2,354/mo

        Price history

        DateEventPrice
        7/9/2026Listed for rent$1,450+3.9%
        Source: Zillow Rentals Report a problem
        6/16/2026Listed for sale$689,900$229/sqft
        Source: MichRIC #26029645 Report a problem
        5/19/2026Listing removed$689,900$229/sqft
        Source: MichRIC #25052945 Report a problem
        11/5/2025Pending sale$689,900$229/sqft
        Source: MichRIC #25052945 Report a problem
        10/14/2025Listed for sale$689,900+15%$229/sqft
        Source: MichRIC #25052945 Report a problem
        5/29/2025Listing removed$1,395
        Source: Zillow Rentals Report a problem
        3/12/2025Listed for rent$1,395-2.1%
        Source: Zillow Rentals Report a problem
        8/7/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/12/2024Listed for rent$1,425+10%
        Source: Zillow Rentals Report a problem
        12/12/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/5/2023Price change$1,295-9.1%
        Source: Zillow Rentals Report a problem
        11/10/2023Listed for rent$1,425+2.2%
        Source: Zillow Rentals Report a problem
        6/27/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/15/2023Listed for rent$1,395+7.7%
        Source: Zillow Rentals Report a problem
        4/21/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/18/2023Price change$1,295-7.2%
        Source: Zillow Rentals Report a problem
        3/22/2023Listed for rent$1,395+69.1%
        Source: Zillow Rentals Report a problem
        6/13/2022Sold$600,000$199/sqft
        Source: Public Record Report a problem
        4/7/2016Listing removed$825
        Source: Lighthouse Property Management LLC Report a problem
        2/19/2016Listed for rent$825
        Source: Lighthouse Property Management LLC Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,118 $321,100 -1.3%
        2024-- $325,300 +107.7%
        2021$4,841 $156,600
        2020$4,841 +2.9%$156,600 +50%
        2019$4,704 $104,400 +9.1%
        2018-- $95,700 +12.2%
        2017$4,268 $85,300 +3.1%
        2016$4,268 $82,700
        2015$4,268 +5%$82,700 +5.6%
        2013$4,067 $78,300
        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: East Hills

        Getting around

        86 / 100
        Very Walkable
        46 / 100
        Some Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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