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Five-Unit Apartment Building

623 Cherry Street SE Grand Rapids, MI 49503

623 Cherry Street SE, Grand Rapids, MI, 49503
$689,900
For Sale
$689,900

MULTI_FAMILY - Grand Rapids, MI

Lot Size0.39 Acres
Days on Market33

Property Features for 623 Cherry Street SE

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 2, Basement, Bathroom 1, Bathroom 5
Parking
4
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

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)
460 Ada Drive Suite 120, Grand Rapids, MI
Listed by Lauren Karsten · License #6501375963
Added: Jun 15 Checked: Jul 17 at 9:06 pm
MLS# 26029645 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 five-unit apartment building offers five individually laid-out residences, each configured as a 1-bedroom, 1-bath unit. The property is positioned for rental use and includes ample off-street parking to support tenant convenience.

The building is located at 623 Cherry Street SE in Grand Rapids, within close reach of Medical Mile, downtown Grand Rapids, and a range of shopping, dining, and local coffee options. The surrounding area also includes nightlife and restaurants, placing everyday amenities within an accessible drive.

For investors or owner-operators seeking a compact multifamily asset, the consistent unit mix can simplify leasing and operations. Off-street parking further helps accommodate tenants and visitors, making the property practical for maintaining day-to-day functionality. For details on availability and showing instructions, contact the listing broker.

Key Highlights

  • Cherry Hill 5‑unit property built in 1875
  • All units are 1‑bedroom/1‑bath
  • Total monthly rent reported: $6,985/month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Locksmith Plumbing Service Travel Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Daycare Center Auto Parts Store

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

FAQs

What type of property is this?
Apartment building - Five 1BR/1BA units with off-street parking, offering a straightforward multifamily configuration in Grand Rapids.
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: Cherry Hill 5‑unit property built in 1875; All units are 1‑bedroom/1‑bath; Total monthly rent reported: $6,985/month
Contact an agent
More about this property
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