556 Lyon Street Grand Rapids, MI ^$ 376,000

556 Lyon Street

^$ 376,000

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556 Lyon Street

Grand Rapids, MI, 49503

^$ 376,000

Studio 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!

Multi-Family Pending

Price

^$ 376,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,305

Style

Lot Size

0.1

Year Built

1880

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70498165

Features

General

Heating Forced Air

Status Pending Pending

Year Built 1880

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Grand Rapids (41032)

Primary City Grand Rapids

Directions 196 To College S To Lyon E To Home.

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash Conventional FHA VA

Legal Description E 47 FT OF N 89 FT OF LOT 6 * LYON ST SUB * OF PART OF COIT & CURTIS PARTITION PLAT

DOM 45

Postal Code 49503

Public Remarks 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

Exterior

Frontage 47

Lot Size Area 0.1

Lot Dimensions 47x89

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Electric Natural Gas

* Excluded Features

List By

Doug Takens

Listing Agent

Independence Realty (Main)

Broker

takens@sbcglobal.net

Affordability Calculator

$2,538

Per Month

Monthly Principal & Interest: $2,346
Monthly Property Taxes: $192
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$526,701

Percent of Sale Price 40%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2025	$376,000	-5.98%	Price Down
10/7/2025	$399,900		Listed Price

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556 Lyon Street, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $376,000 with a lot size of 0.1. 556 Lyon Street 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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556 Lyon Street

Multi-Family Home for sale in Grand Rapids, MI

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