Tenant-Occupied Duplex with New
For Sale
$384,900
622 Stanley Terrace NE, Grand Rapids, MI 49503
Multi Family, Grand Rapids, MI
Property SizeContact for details
Lot Size0.10 Acres
Days on Market22
Property Features for 622 Stanley Terrace NE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RMMM2_RES MULTI
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 1
Parking
2
Parking features
Driveway
Basement
Full
Lot features
Sidewalk, Wooded
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
N off Fulton on to Union. East on to Stanley Terrace.
Standard status
Active
APN
41-14-30-280-023
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
411430280023 PART OF LOT 2 COM ON CL OF STANLEY TERR 203 FT E OF E LINE UNION AVE TH S 112.0 FT TH E 44 FT N 112.0 FT TO CL OF STANLEY TERR TH W 44 FT TO BEG EX COM 203 FT E OF E LINE UNION AVE & 96.5 FT S OF CL STANLEY TERR TH S 15.5 FT E 44 FT N 20 .5 FT TH FOLLOWING A CURVE OF A 5 FT RADIUS TO A PT 39 FT E OF BEG TH W 39 FT TO BEG* ALLYN'S ADDITION
Tax Annual Amount
7188
Legal Description
411430280023 PART OF LOT 2 COM ON CL OF STANLEY TERR 203 FT E OF E LINE UNION AVE TH S 112.0 FT TH E 44 FT N 112.0 FT TO CL OF STANLEY TERR TH W 44 FT TO BEG EX COM 203 FT E OF E LINE UNION AVE & 96.5 FT S OF CL STANLEY TERR TH S 15.5 FT E 44 FT N 20 .5 FT TH FOLLOWING A CURVE OF A 5 FT RADIUS TO A PT 39 FT E OF BEG TH W 39 FT TO BEG* ALLYN'S ADDITION
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
1900
Number of units
2
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Five Star Real Estate (Ada)
(616) 425-7600
Listed By:
Charles Laufer · License #6506047793
(616) 437-3521
Added: Sep 16
Changed: Oct 2
Last Checked: Oct 7 at 6:06AM
MLS# 26049352
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This tenant-occupied duplex contains two residential units, each with 2 bedrooms and 1 full bath. Separate electric service is provided for each unit, and the property includes a basement, driveway parking, forced-air heat, composition roofing, wood siding, and public sewer. Built in 1900, the home sits on a 0.1-acre lot.
Recent 2026 work includes a new roof, upper exterior paint, new exterior stairs, an upper rear deck, and an upper front deck. One unit is leased month-to-month, while the other lease extends through February 2027. Tenant rights apply, and showings require a minimum of 48 hours' notice. The property is positioned within walking distance of downtown Grand Rapids, restaurants, shopping, and entertainment.
Recent 2026 work includes a new roof, upper exterior paint, new exterior stairs, an upper rear deck, and an upper front deck. One unit is leased month-to-month, while the other lease extends through February 2027. Tenant rights apply, and showings require a minimum of 48 hours' notice. The property is positioned within walking distance of downtown Grand Rapids, restaurants, shopping, and entertainment.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bath per unit
- Separate electric service for each unit
- 2026 improvements include a new roof, exterior paint, stairs, and two decks
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,237
Businesses Nearby
Explore this area
Business Placement
Demographics for 49503, MI
39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with separate electric service and recent exterior improvements in a downtown-adjacent setting.
Where is this duplex located?
The property is located at 622 Stanley Terrace NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath per unit; Separate electric service for each unit; 2026 improvements include a new roof, exterior paint, stairs, and two decks
