201 Lafayette Avenue NE Grand Rapids, MI $ 474,900
201 Lafayette Avenue NE
$ 474,900
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201 Lafayette Avenue NE

Grand Rapids, MI, 49503
$ 474,900
Baths0.0

Monthly Estimate*

$ 2,924

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $474,900. This home was built in 1910 on a lot size of 0.08.

Location, Location, Location! A unique opportunity to own a Heritage Hill duplex just a literal minutes' walk to GRCC, Spectrum Health, Downtown and Martha's Vineyard. Unit 1 is a 4 bed, 2 ½ bath unit featuring many newer updates and lots of original character. There is access to a private patio & 2 stall garage. Unit 2 is a semi studio unit w/private entrance on the 3rd floor accessed from an outside staircase w/ small deck half way up. The large size studio also has updated kitchen and bath. Full size basement provides laundry, storage and potential workout/studio space. You must see this to appreciate the mix of modern convenience and old world character. Would be a great owner occupied property in the main unit with the studio to offset your mortgage. Solid rental history.

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Multi-Family Active

Price

$ 474,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,012

Style

2 to 4 Units

Lot Size

0.08

Year Built

1910

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26016231

Features
General
Heating Forced Air
Cooling None
Utilities Natural Gas Connected Electricity Connected Storm Sewer
Possession Close Of Escrow
Roof Composition Rubber
Construction Materials Wood Siding
Year Built 1910
Tenant Pays Trash
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2026
Gross Income 37800.0
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions On NW corner of Lafayette and Lyon. Lafayette between Michigan and Lyon.
City Grand Rapids
High School District Grand Rapids
Zoning Description NA
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3311.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 8012.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 159345
Legal Description S 48 FT OF LOT 10 BLK 11* KENDALL S ADDITION
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved
Lot Features Sidewalk Corner Lot
Total Parking 2.0
Lot Size Area 0.08
Number of Buildings 1
Spa N
Lot Dimensions 48x69
Lot Size Acres 0.08
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Five Star Real Estate (E. Division)

Broker

lindy@tanishomesgr.com

Email

Affordability Calculator

$3,592
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,924
Monthly Property Taxes
$668
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
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$474,900 Listed Price

Map


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201 Lafayette Avenue NE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $474,900 with a lot size of 0.08. 201 Lafayette Avenue NE is a studio with 0.0 baths and was built in 1910. The property's zip code is 49503 which is in Grand Rapids, MI