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Two-Home Income Property

623 Lane Avenue NW Grand Rapids, MI 49504

623 Lane Avenue NW, Grand Rapids, MI, 49504
$305,000
For Sale
Claim this Listing
$305,000

MULTI_FAMILY - Grand Rapids, MI

Lot Size0.11 Acres
AddedJun 23
Days on Market24
Last RefreshJul 16 at 8:06 am

Property Features for 623 Lane Avenue NW

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Rooms
Bedroom 1, Bathroom 1, Bedroom 6, Bedroom 5, Bedroom 7, Bathroom 3, Basement, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2
Parking
2
Parking features
Driveway
Standard status
Active
APN
41-13-23-413-014
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 402* PANFIL S ASSESSOR S PLAT NO. 22* OF PART OF THE W 1/2 OF THE SE 1/4 OF SECTION 23 T 7 N R 12 W
Tax Annual Amount
8990

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air

Building Details

Year built
1905
Number of units
2
Building materials
Vinyl Siding

Listing agent Connor Anderson

Listing office ReSIDE Grand Rapids 1460 Lake Drive SE, Grand Rapids, MI

Listing date Jun 23, 2026

MLS# 26031290 Listing URL

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 income property consists of two homes on one lot. The front home offers 4 bedrooms and 2 bathrooms and is currently leased for $1,300 per month. The back home offers 3 bedrooms and 1 bathroom and is currently leased for $1,320 per month.

The total current rent is $2,620+ per month. The property is listed for sale at 623 Lane Avenue NW in Grand Rapids, Michigan, within Kent County, on an 0.11-acre lot.

Key Highlights

  • Two homes on one lot currently rented for $2,600+ combined
  • Front house: 4 beds, 2 baths; tenant paying $1,300
  • Back house: 3 beds, 1 bath; tenant paying $1,320

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Nail Salon Daycare Center HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two rented homes on one lot, featuring 4 bed/2 bath and 3 bed/1 bath units.
Where is this duplex located?
The property is located at 623 Lane Avenue NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Two homes on one lot currently rented for $2,600+ combined; Front house: 4 beds, 2 baths; tenant paying $1,300; Back house: 3 beds, 1 bath; tenant paying $1,320
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More about this property
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