Just Listed
Address
710 Cherry Street Se, Grand Rapids, MI
Price
$ 324,900
Property Attributes
  • MLS#26050941
  • TypeMulti-Family
  • Listing Status Pending
  • CountyKENT
  • CityGrand Rapids
  • AreaCity of Grand Rapids
  • NeighborhoodCity of Grand Rapids
  • Zip49503
  • Style2 to 4 Units
  • Year Built1902
  • Taxes$ 4411
  • Price$ 324,900
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.08 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Exceptional investment opportunity in Grand Rapids! This duplex sits on a low-maintenance 3,311 sq ft lot and offers strong income potential. With market rents in the area averaging around $1,625 per unit, this property can yield a potential gross revenue of $3,300+ per month. A little TLC will easily maximize its value, but the property is completely functional and ready to rent as-is. Metered separately for maximum efficiency, each unit features its own electrical panel, furnace, and water heater. Whether you are looking for an addition to your rental portfolio or a house-hacking opportunity to live in one unit while collecting rent from the other, this solid multi-family property offers multiple pathways to build long-term equity.

Price History
9/24/2026 Listed $324,900

General Features

Heating Forced Air,Radiant
Cooling None
Utilities Natural Gas Connected,Electricity Connected
Possession Close Of Escrow
Roof Composition
Association Fee Includes None
Construction Materials Wood Siding
Year Built 1902
Tenant Pays Electric,Water,Trash,Sewer,Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
OwnerPays None
County Kent
New Construction No
Property Type Multi Family
HOA No
Status Pending
Directions US-131 or I-196 to College Ave S,East (Left) on Cherry St SE to 710.
City Grand Rapids
High School District Grand Rapids
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3311.0
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 4411.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Pending
Tax Assessed Value 85422
MobileHomeRemainsYN No
Legal Description N 100 FT OF E 1/2 OF LOT 3 BLK 2* SOUTHWICK S ADDITION
Senior Community None

Interior Features

Basement Daylight,Full
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Laundry Features In Basement,Sink
Total Baths 2

Exterior Features

Lot Features Level,Sidewalk
Total Parking 2.0
Lot Size Area 0.08
Number of Buildings 1
Spa No
Lot Dimensions 33' X 100'
BuyerOfficeFax 000-000-0000
Lot Size Acres 0.08
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49503

Price
AVG $480K
$320K
Taxes
AVG $6,392
$4,411
Year Built
AVG 1903
1902
Listed By
Tara Hartwig at Keymark Realty - (616) 333-5577
Sold By
Crows Nest Realty