1046 Lafayette Avenue SE Grand Rapids, MI ^$ 375,000

1046 Lafayette Avenue SE

^$ 375,000

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Recently Listed

1046 Lafayette Avenue SE

Grand Rapids, MI, 49507

^$ 375,000

Studio Baths0.0

Monthly Estimate*

^$ 2,309

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 1

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 2

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 3

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 4

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 5

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 6

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 7

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 8

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 9

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 10

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 11

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 12

1046 Lafayette Avenue SE, Grand Rapids, MI 49507 - Image 13

Studio

Multi-Family Home for sale in Grand Rapids, MI

for $375,000. This home was built in 1900 on a lot size of 0.1.

Turnkey four-unit investment opportunity in the SE side of Grand Rapids. All four 2-bedroom 1-bath units feature many recent updates including remodeled kitchens and baths, updated flooring, and plumbing improvements. Separate gas and electric meters help streamline management expenses. The new upper-level deck adds additional outdoor space attractive to renters. 2 of the 4 furnaces have been replaced in the last 3 years. Excellent location near downtown Grand Rapids, medical campuses, dining, entertainment, and major highway access.

Multi-Family Active

Price

^$ 375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,698

Style

2 to 4 Units

Lot Size

0.1

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26022546

Features

General

Heating Forced Air

Utilities Natural Gas Connected Electricity Connected Cable Connected Storm Sewer

Possession Close Of Escrow Subject To Tenant Rights

Roof Composition Rubber

Construction Materials Vinyl Siding

Year Built 1900

Tenant Pays Electric Trash Gas

Township City of Grand Rapids

Property Subtype 2 to 4 Units

Tax Year 2026

Gross Income 48360.0

County Kent

Net Operating Income 31656.76

Operating Expense 16703.24

Insurance Expense 1574.0

New Construction N

Property Type Multi Family

Status Active

City Grand Rapids

High School District Grand Rapids

Zoning Description residential

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 4487.0

Listing Terms Cash Conventional

Land Lease Y/N N

Tax Annual Amount 4698.26

Lease Renewal Y/N N

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 93446

Legal Description LOT 28* GRAFF ADDITION

Senior Community None

Interior

Basement Full Walk-Out Access

Basement (Y/N) Y

Heating Y/N Y

Laundry Features In Unit

Total Baths 0

Exterior

Lot Features Level Sidewalk

Total Parking 0.0

Lot Size Area 0.1

Number of Buildings 1

Spa N

Lot Dimensions 41 x 109

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

Internal Only

Street Number 1 1046

* Excluded Features

List By

Keller Williams Gr North

Broker

roger.ackerman@kw.com

Affordability Calculator

$2,700

Per Month

Monthly Principal & Interest: $2,309
Monthly Property Taxes: $392
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$420,217

Percent of Sale Price 12%

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.

250213 Elementary School

249218 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2026	$375,000		Listed Price

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1046 Lafayette Avenue SE, Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $375,000 with a lot size of 0.1. 1046 Lafayette Avenue SE is a studio with 0.0 baths and was built in 1900. The property's zip code is 49507 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 5/16/2026.

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1046 Lafayette Avenue SE

Multi-Family Home for sale in Grand Rapids, MI

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