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1046 Lafayette Avenue SE City of Grand Rapids, MI $ 375,000
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$ 375,000 Get more info
1046 Lafayette Avenue SE
$ 375,000
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1046 Lafayette Avenue SE

City of Grand Rapids, MI, 49507
$ 375,000
Bedrooms4 Baths0.0 Sq 4,392

Monthly Estimate*

$ 2,309

1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 1
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 2
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 3
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 4
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 5
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 6
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 7
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 8
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 9
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 10
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 11
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 12
1046 Lafayette Avenue SE, City of Grand Rapids, MI 49507 - Image 13
Multi-Family Home for sale in City of Grand Rapids, MI for $375,000 with 4 bedrooms. 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.

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Multi-Family Active

Price

$ 375,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,698

Style

MultiFamily

Lot Size

0.1

Year Built

1900

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026022546
Features
General
Sewer PublicSewer StormDrain
Heating ForcedAir NaturalGas
Utilities CableConnected ElectricityConnected NaturalGasConnected
Possession CloseOfEscrow SubjectToTenantRights
Roof Composition Rubber
Construction Materials VinylSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Kent
Net Operating Income 31656.76
Operating Expense 16703.24
Insurance Expense 1574.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 4
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4698.26
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
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 93446
Legal Description LOT 28* GRAFF ADDITION
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Interior
Basement Full WalkOutAccess
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea InUnit
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Exterior
Parking Features None
Lot Features Level
Water Source Public
Total Parking 0.0
Lot Size Area 4487.0
Number of Buildings 1
Spa N
Building Area Total 4392.0
Lot Dimensions 41 x 109
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 1046
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* Excluded Features
List By
Roger Ackerman

Listing Agent

Keller Williams Gr North

Broker

(810) 423-9296

Phone

Affordability Calculator

$2,700
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$392
Monthly 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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/15/2026$375,000 Listed Price

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1046 Lafayette Avenue SE, City of 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 SE has 4 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 49507 which is in City of Grand Rapids, MI

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