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

1046 Lafayette Avenue

^$ 375,000

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Recently Listed

1046 Lafayette Avenue

Grand Rapids, MI, 49507

^$ 375,000

Studio Baths0.0 Sq 4,392

Monthly Estimate*

^$ 2,309

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $375,000. This 4,392 square foot 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

Lot Size

0.1

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70532240

Features

General

Heating Forced Air

Status Active Active

Year Built 1900

County Kent

Class MULTIFAMILY

Type Multi-Family

Net Income 31656.76

Municipality Grand Rapids

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Grand Rapids (41032)

Primary City Grand Rapids

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash Conventional

Legal Description LOT 28* GRAFF ADDITION

DOM 1

Postal Code 49507

Price Per Sq Ft Total AG 85.38

Public Remarks 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

Exterior

Exterior Vinyl Siding

Frontage 41

Lot Size Area 0.1

Lot Dimensions 41 x 109

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 4

Fuel Type Natural Gas

* Excluded Features

List By

Roger Ackerman

Listing Agent

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 ^$418,530

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.

3147031 Elementary School

3147033 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, Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $375,000 with 4,392 sqft and a lot size of 0.1. 1046 Lafayette Avenue 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.

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1046 Lafayette Avenue

Multi-Family Home for sale in Grand Rapids, MI

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