622 Stanley Terrace NE, Grand Rapids, MI 49503 - Photo 1

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$384,900

For Sale
Active
Single Family
2 Total Baths

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Property Description

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.

Full Property Details

Full Property Details for 622 Stanley Terrace NE

General

Price: $384,900
Taxes: $7,188
Status: Active
Type: Single Family
Source: SWMRIC_MLS
MLS ID: 26049352
Updated: 9/23/2026
Added to Site: 24 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Other Rooms

Laundry: Lower Level

Parking

Total Spaces: 2
Parking Features: Aggregate, Driveway

Location

County: Kent
Cross Streets: Union and Fulton
Driving Directions: N off Fulton on to Union. East on to Stanley Terrace.

Heating & Cooling

Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Cable Available: Yes
Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Structural Information

# Buildings: 1
Construction: Wood Siding
Basement: Yes
Roof: Composition
Year Built: 1900

Lot Features

Lot Size (Acres): 0.1
Lot Size (Sq. Ft.): 4,269
Lot Dimensions: 44 x 97
Frontage: Paved
Lot Features: Sidewalk, Wooded
Zoning: RMMM2_RES MULTI

Financial Considerations

Tax Amount: $7,188.4
Terms: Cash, Conventional
Landlord Pays: Water, Sewer, Gas
Tenant Pays: Electricity

Disclosures and Reports

Legal Description: 411430280023 PART OF LOT 2 COM ON CL OF STANLEY TERR 203 FT E OF E LINE UNION AVE TH S 112.0 FT TH E 44 FT N 112.0 FT TO CL OF STANLEY TERR TH W 44 FT TO BEG EX COM 203 FT E OF E LINE UNION AVE & 96.5 FT S OF CL STANLEY TERR TH S 15.5 FT E 44 FT N 20 .5 FT TH FOLLOWING A CURVE OF A 5 FT RADIUS TO A PT 39 FT E OF BEG TH W 39 FT TO BEG* ALLYN'S ADDITION
Property ID: 41-14-30-280-023

Listed by Five Star Real Estate (Ada), Charles Laufer

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Listing agent

— 622 Stanley Terrace NE —

Charles Laufer

Five Star Real Estate (Ada)

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Schools

Schools serving 622 Stanley Terrace NE

School District:Grand Rapids Public Schools

Name	Grades	Distance
Grand Rapids Montessori Public School 159 College Avenue Northeast, Grand Rapids, MI 49503	PK-12	0.3 mi
Center For Economicology 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505	6-	2.1 mi
John Ball Park Zoo School 1300 Fulton Street West, Grand Rapids, MI 49504	6-	2.4 mi
Grand Rapids University Preparatory Academy 512 Division Avenue South, Grand Rapids, MI 49503	6-12	1 mi
City High Middle School 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505	7-12	2.1 mi
Alger Middle School 921 Alger Street Southeast, Grand Rapids, MI 49507	6-8	3 mi
Innovation Central High School 421 Fountain Street Northeast, Grand Rapids, MI 49503	9-12	0.3 mi
Ottawa Hills High School 2055 Rosewood Avenue Southeast, Grand Rapids, MI 49506	9-12	2.9 mi
Blandford Nature Center 3143 Milo Street Northwest, Grand Rapids, MI 49534	6-	5.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 622 Stanley Terrace NE Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/16/2026

Listed

$384,900

13.21%

MLS

2/25/2022

Sold

$340,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 622 Stanley Terrace NE

Year

Property Taxes

Change

Tax Assessment

Change

2025

$7,188

$156,800

2025

$6,915

178%

$147,400

15%

2021

$2,483

—

$128,600

13%

2021

$2,483

$114,200

13%

2019

$2,469

—

$101,500

13%

2019

$2,469

-5%

$89,600

15%

2016

$2,591

11%

$78,200

12%

2017

$2,329

-6%

$69,700

-15%

2019

$2,469

-8%

$82,000

19%

2015

$2,694

—

$69,100

31%

2015

$2,694

34%

$52,700

19%

2014

$2,013

$44,300

11%

2012

$1,886

—

$39,800

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 622 Stanley Terrace NE

622 Stanley Terrace NE, Grand Rapids, MI 49503 (MLS# 26049352) is a Single Family property with 0 bedrooms and 0 full bathrooms. 622 Stanley Terrace NE is currently listed for $384,900 and was received on September 16, 2026. Want to learn more about 622 Stanley Terrace NE? Do you have questions about finding other Single Family real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

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622 Stanley Terrace NE Grand Rapids, MI 49503