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556 Lyon Street NE City of 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

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

Monthly Estimate*

$ 2,346

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Studio Multi-Family Home for sale in City of 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

MultiFamily

Lot Size

0.1

Year Built

1880

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65025051513
Features
General
Sewer PublicSewer SewerAtStreet
Heating Electric ForcedAir NaturalGas
Cooling CentralAir WallUnits
Utilities CableConnected NaturalGasConnected SewerConnected
Possession CloseOfEscrow ClosePlus30Days
Construction Materials ShingleSiding
Year Built 1880
Property Subtype MultiFamily
Tax Year 2024
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Pending
Directions 196 To College S To Lyon E To Home.
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2305.98
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered 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
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features MainLevel UpperLevel
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Exterior
Water Source Public
Total Parking 2.0
Lot Size Area 4182.0
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
Road Responsibility PublicMaintainedRoad
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
Doug F Takens

Listing Agent

Independence Realty (Main)

Broker

(616) 262-4574

Phone

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
4909624 Elementary School
4909684 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, City of 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 City of Grand Rapids, MI

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