For Sale
623 Lane Avenue NW 625, Grand Rapids, MI 49504
$305,000
0 bathsBuilt 19050.11 acres
1 / 26
Description
Rare investment opportunity featuring two homes on one lot currently rented for $2,600+ but with room to boost rents. The front house is 4 beds and 2 baths with great long term tenant paying $1,300 and solid mechanicals. The back house is 3 bed 1 bath with tenants in place paying $1,320. Market rents around $1,800 for front house and $1,600 for back house for a total of $3,400. This property on the booming West Side is a great addition to any investor's portfolio with proven rental history and multiple income streams. Whether you're a seasoned investor or looking to start building wealth through real estate, this income-producing property offers excellent upside and long-term value.
Price & Status History
Jun 23, 2026MLS #26031290
Listed for sale
$305,000
MLS Listing History1 listing
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| For Sale | $305,000 | — | Jun 23, 2026 | — | MichRIC | View → |
Tax & Assessment
Parcel Number41-13-23-413-014
Assessed Value$174,100
Annual Tax (2025)$8,990
Property Details
Property TypeMulti FamilyBathrooms0Lot Size0.11 acresYear Built1905CityGrand RapidsMunicipalityCity of Grand RapidsZip Code49504School DistrictGrand RapidsTerms AcceptedCash
Listed by Connor Anderson
ReSIDE Grand Rapids