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623 Lane, Grand Rapids, MI 49504

Grand Rapids
Local realty services provided by:CENTURY 21 Northland
623 Lane,Grand Rapids, MI 49504
$305,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: connor anderson
Office: reside grand rapids
MLS#:70540987
Source:MI_REALSOURCE

Price summary

  • Price:$305,000

About this home

Rare investment opportunity featuring two homes on one lot currently rented for $2,600+ but with room to boost rents. The front house is 4 beds and 2 baths with great long term tenant paying $1,300 and solid mechanicals. The back house is 3 bed 1 bath with tenants in place paying $1,320. Market rents around $1,800 for front house and $1,600 for back house for a total of $3,400. This property on the booming West Side is a great addition to any investor's portfolio with proven rental history and multiple income streams. Whether you're a seasoned investor or looking to start building wealth through real estate, this income-producing property offers excellent upside and long-term value.

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Home facts

  • Year built:1905
  • Listing ID #:70540987
  • Added:54 day(s) ago
  • Updated:August 17, 2026 at 11:12 AM

Rooms and interior

  • Basement Description:MI Basement

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1905
  • Lot area:0.11 Acres
  • Lot Features:Wooded
  • Construction Materials:Vinyl Siding
  • Foundation Description:Basement

Finances and disclosures

  • Price:$305,000
  • Tax amount:$8,990

Parking

  • Parking description:Additional Garage(s)
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Brad Platt

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