$7,718 Closing Credit¹
#65024059658, Michael Smallegan, Listing Office: Keller Williams GR North
$749,900 List price
624 Cherry St SE Grand Rapids, MI 49503
$8,905
Closing credit¹
0.2 acres
Multi-Family
Property details
About 624 Cherry St SE
Amazing investment opportunity in Cherry Hill! This historic 5 unit home if filled with character. Conveniently located to Medical Mile, downtown Grand Rapids, shopping, nightlife, local coffee shops, and restaurants. Current unit rents: unit 1 at 1850/month, unit 2 at 1475/month, unit 3 is vacant with a market rent of 1425/month, unit 4 is vacant with a market rent of 1325/month, unit 5 at 1395/month. Call today to set up a showing and add to your investment portfolio!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.22 Acres
Year built1885
MLS #65025003523
Summary
- MLS Number: 65025003523
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Five Star Real Estate (Ada), Five Star Real Estate (Grandv)
- Listing Agent: Lauren Karsten, Kevin P Knoll
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$749,900
624 Cherry St SE
$8,905
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 05, 2022 | Home Sold | $650,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $303,800 | $4,967 |
| 2023 | $275,800 | $4,967 |
| 2022 | $240,300 | $4,967 |
| 2021 | $131,600 | $4,920 |
| 2020 | $131,600 | $4,920 |
| 2019 | $102,900 | $4,679 |
| 2018 | $96,800 | $4,219 |
| 2017 | $88,200 | $4,020 |
History based on county public records data.
Nearby schools
6
Congress Elementary School
Public District PK-5
0.4 mi
•940 Baldwin St SE
8
Grand Rapids Child Discovery Center
Public Charter KG-5
0.5 mi
•409 Lafayette Ave SE
3
William C Abney Academy Elementary School
Public Charter KG-6
1.0 mi
•1435 Fulton St E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,618. Most Grand Rapids, MI residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
67%
<35k
24%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
75%
Single, No Kids
7%
Single, with Kids
13%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
51%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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This home is located at 624 Cherry St SE in Grand Rapids, MI and zip code 49503 in the East Hills neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $749,900.
Over 49 listings were sold over their listed price in January 2025 in Grand Rapids, MI. In the same period over 96 listings were sold below the listed price and 32 listings were sold for the listed price. The inventory of homes for sale in Grand Rapids, MI between December and January 2025 decreased by 10.4%. Listings spent 39 days on the market in January 2025, and had a median list price of $312,868 during the same period.
From Rocket Homes Real Estate and based on county public records data.