Sold

$705,000

624 Cherry St SE, Grand Rapids, MI 49503

6beds

5baths

3,375sqft

5+ Units

Built in 1885

-- sqft lot

$720,800 Zestimate^®

$209/sqft

$2,466 Estimated rent

Home value

$720,800

$649,000 - $793,000

$2,466/mo

Zestimate^® history

Owner options

List your home for rent

$2,466/mo

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$2,466/mo

Rent Zestimate^®

Refinance and save

$4,392/mo

Est. payment

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$4,392/mo

Est. payment

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What's special

Amazing investment opportunity in Cherry Hill! This historic 5 unit home if filled with character. Conveniently located to Medical Mile, downtown Grand Rapids, shopping, nightlife, local coffee shops, and restaurants. Current unit rents: unit 1 at 1850/month, unit 2 at 1475/month, unit 3 at 1395/month, unit 4 at 1250/month and unit 5 at 1395/month. Call today to set up a showing and add to your investment portfolio!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5

Heating

Forced Air

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 3,375 sqft

Property

Lot

Size: 9,583 Square Feet
Features: Corner Lot

Details

Parcel number: 411430476003
Zoning description: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1885

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $209/sqft
Tax assessed value: $293,600
Annual tax amount: $15,840
Date on market: 1/30/2025
Listing terms: Cash,Conventional
Tenant pays: Electricity
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
7/18/2025	Sold	$705,000-2.1%$209/sqft
Source: MichRIC #25003523 Report a problem
5/22/2025	Pending sale	$719,900$213/sqft
Source: MichRIC #25003523 Report a problem
3/26/2025	Price change	$719,900-4%$213/sqft
Source: MichRIC #25003523 Report a problem
1/30/2025	Listed for sale	$749,900+15.4%$222/sqft
Source: MichRIC #25003523 Report a problem
4/5/2022	Sold	$650,000$193/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,018	$293,600 -3.4%
2024	--	$303,800 +130.9%
2021	$4,921	$131,600
2020	$4,921 +2.8%	$131,600 +27.9%
2019	$4,785	$102,900 +6.3%
2018	--	$96,800 +15.8%
2017	$4,219	$83,600 +2.8%
2016	$4,219	$81,300
2015	$4,219 +5%	$81,300 +5%
2013	$4,020	$77,400 +19.4%
2004	--	$64,814