About 622 Stanley Terrace
Great investment opportunity in Grand Rapids! Situated on a quiet cul-de-sac, this tenant-occupied duplex features two units, each offering 2 bedrooms and 1 full bath, with separate electric service for each unit. One unit is currently leased on a month-to-month basis, while the other lease runs through February 2027. Tenant rights apply. Recent 2026 improvements include a new roof, fresh exterior paint on the upper portion of the home, new exterior stairs and upper rear deck, plus a new upper front deck. Enjoy a quiet residential setting while still being within walking distance of downtown Grand Rapids, restaurants, shopping, entertainment, and more. An excellent opportunity for investors looking to add a well-located multi-family property to their portfolio. Please do not disturb tenants. Minimum 48-hour notice required for all showings. Tenant rights apply. Owner is a licensed real estate agent in the State of Michigan.
Features of 622 Stanley Terrace
| MLS® # | 26049352 |
|---|---|
| Price | $384,900 |
| Bathrooms | 2.00 |
| Acres | 0.10 |
| Year Built | 1900 |
| Type | Multi Family |
| Sub-Type | 2 to 4 Units |
| Status | Active |
Community Information
| Address | 622 Stanley Terrace |
|---|---|
| City | Grand Rapids |
| County | Kent |
| State | MI |
| Zip Code | 49503 |
Amenities
| Parking | Aggregate, Driveway |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| New Construction | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Sidewalk, Wooded |
|---|---|
| Roof | Composition |
School Information
| District | Grand Rapids |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Charles Laufer |
|---|---|
| Office | Five Star Real Estate (Ada) |