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556 Lyon Street NE Grand Rapids, MI $ 376,000
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$ 376,000 Get more info
556 Lyon Street NE
$ 376,000
Back to search
Share Save

556 Lyon Street NE

Grand Rapids, MI, 49503
$ 376,000
Baths0.0

Monthly Estimate*

$ 2,346

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $376,000. This home was built in 1880 on a lot size of 0.1.

Welcome to a wonderful opportunity to be an owner occupant, living in the remodeled lower unit and having the renter upstairs paying your mortgage! Or, a purchaser can buy the property to rent out the top and bottom. The lower unit has an updated kitchen and bathroom, eating area, living room, 2 bedrooms, and laundry. The upper unit has a separate entrance with a kitchen, eating area, living room, laundry, full bath and 2 bedrooms. Other perks: Swanstone Shower from Williams Kitchens and Baths with a new Hansgrohe Shower System, close distance to many stores and restaurants, super close to medical mile and downtown Grand Rapids, and major highways. Call for your private showing today!

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Multi-Family Pending

Price

$ 376,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,305

Style

2 to 4 Units

Lot Size

0.1

Year Built

1880

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

25051513
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Wall Unit(s)
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Cable Connected
Possession Close Of Escrow Close Plus 30 Days
Construction Materials Shingle Siding
Year Built 1880
Tenant Pays Electric Trash Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Kent
New Construction N
Property Type Multi Family
Status Pending
Directions 196 To College S To Lyon E To Home.
City Grand Rapids
High School District Grand Rapids
Zoning Description RES
Number Of Units Total 2
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 4182.0
Listing Terms VA Loan FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 2305.98
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Pending
Tax Assessed Value 44705
Legal Description E 47 FT OF N 89 FT OF LOT 6 * LYON ST SUB * OF PART OF COIT & CURTIS PARTITION PLAT
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Main Level Upper Level
Total Baths 0
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Exterior
Total Parking 2.0
Lot Size Area 0.1
Number of Buildings 1
Spa N
Lot Dimensions 47x89
Lot Size Acres 0.1
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 556
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* Excluded Features
List By
Independence Realty (Main)

Broker

takens@sbcglobal.net

Email

Affordability Calculator

$2,538
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,346
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/22/2025$376,000 -5.98% Price Down
10/7/2025$399,900 Listed Price

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556 Lyon Street NE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $376,000 with a lot size of 0.1. 556 Lyon Street NE is a studio with 0.0 baths and was built in 1880. The property's zip code is 49503 which is in Grand Rapids, MI

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