623 Lane Avenue NW Grand Rapids, MI 49504
MULTI_FAMILY - Grand Rapids, MI
- Added:
- Jun 23, 2026
- Days on Market:
- 22
- Last Refresh:
- Jul 14 at 9:06 am
Property Features for 623 Lane Avenue NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Basement, Bedroom 7, Bathroom 2, Bedroom 6, Bedroom 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 (616) 648-6353
Listing office ReSIDE Grand Rapids 1460 Lake Drive SE, Grand Rapids, MI (616) 419-9637
Listing date Jun 23, 2026
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.
The property is located at 623 Lane Avenue NW in Grand Rapids, Michigan (Kent County), 49504. It is presented as a multi-income asset with both homes operating under current rental arrangements.
For investors or buyers looking for a small, manageable rental portfolio, this configuration provides two separate dwelling units with different bed/bath profiles. With tenants already placed in both the front and back homes, an owner can look at this as a ready-to-operate residential income property where rental income is generated from multiple units rather than a single structure. The listing also notes that the current rents are above the property’s baseline for its unit mix, offering a practical platform for ongoing management and potential rent optimization.
Key Highlights
- Two homes on one lot, each currently rented for $2,600+ total
- Front house: 4 bedrooms, 2 bathrooms; tenant paying $1,300
- Back house: 3 bedrooms, 1 bathroom; tenants in place paying $1,320
