$450,000
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556 Lafayette AVE SE City Of Grand Rapids, MI 49503
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65026017314
Sold Date 08/24/26
Year Built 1890
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type MultiFamily
Property Description
Heritage Hill character with real flexibility. This duplex works well for someone looking to live in one portion and rent the other, operate as an income property, or bring it back to a spacious single-family home. The main level blends natural light and original charm with everyday function, featuring a comfortable living room, formal dining area, and an updated kitchen, bathroom, and bedrooms that make daily living easy. Upstairs, you'll find a separate three-bedroom unit with its own kitchen, dining area, and spacious living room, currently rented for $1,750 per month to long-term tenants. Each unit has its own laundry. Off-street parking with multiple spaces adds to the practicality, and the location places you in the heart of Heritage Hill, close to downtown, parks, and local favorites. The fenced front yard is perfect for pups, and the wraparound porch offers a great place to sit and enjoy a beautiful day. 2.625% Loan Assumption available for remaining $261,000 owed by 2050.
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplace No
Laundry GasDryerHookup, InBasement, InUnit, Sink, UpperLevel
Exterior
Parking Features Gravel, Other
Community Features Sidewalks
Utilities Available NaturalGasConnected, PhoneAvailable
View Y/N No
Roof Type Composition
Building
Lot Description Level
Sewer Public Sewer, Storm Drain
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Assumable, Cash, Conventional, FHA, MSHDA, VaLoan
Listing Terms Assumable, Cash, Conventional, FHA, MSHDA, VaLoan
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