Five-Unit Apartment
For Sale
$689,900
623 Cherry Street SE, Grand Rapids, MI 49503
Multi Family, Grand Rapids, MI
Property SizeContact for details
Lot Size0.39 Acres
Days on Market110
Property Features for 623 Cherry Street SE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RES
Bedrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 5
Parking
4
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
North side of Cherry St , just East of Union
Standard status
Active
APN
41-14-30-432-039
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 64 FT OF LOT 7 * KELLOGG'S SUBDIVISION
Tax Annual Amount
16500
Legal Description
W 64 FT OF LOT 7 * KELLOGG'S SUBDIVISION
Utilities
Heating system
Forced Air
Building Details
Year built
1875
Number of units
5
Building materials
Wood Siding
Listing Agency:
Five Star Real Estate (Ada)
(616) 425-7600
Listed By:
Lauren Karsten · License #6501375963
(616) 690-8355
Added: Jun 15
Changed: Sep 12
Last Checked: Oct 2 at 6:06PM
MLS# 26029645
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 five-unit apartment building dates to 1875 and is constructed with wood siding. Each residence features one bedroom and one bathroom, creating a consistent layout across the property. Forced-air heating serves the building, and off-street parking is available for residents.
The property is located on Cherry Street SE in Grand Rapids, near the Medical Mile and downtown. Shopping, nightlife, coffee shops, and restaurants are also identified in the surrounding area. The site encompasses 0.39 acres and is positioned within the 49503 ZIP code.
The property is located on Cherry Street SE in Grand Rapids, near the Medical Mile and downtown. Shopping, nightlife, coffee shops, and restaurants are also identified in the surrounding area. The site encompasses 0.39 acres and is positioned within the 49503 ZIP code.
Key Highlights
- Five apartment units, each configured with 1 bedroom and 1 bathroom
- 0.39‑acre property in Grand Rapids, MI 49503
- Off‑street parking available on site
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,402
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?
Apartment building - Historic multifamily property with consistent one-bedroom layouts and dedicated off-street parking.
Where is this apartment building located?
The property is located at 623 Cherry Street SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: Five apartment units, each configured with 1 bedroom and 1 bathroom; 0.39‑acre property in Grand Rapids, MI 49503; Off‑street parking available on site
