550 Lafayette Avenue SE, Grand Rapids, MI 49503

$524,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$524,900
List Price
$524,900
Closing Date
Nov 24, 2025
Days on Market
4
MLS#
25053703
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Awesome opportunity to own a large Heritage Hill duplex right down the road from St. Mary's, Wealthy Street district and the heart of Grand Rapids. Each unit has 2 full bedrooms and one additional ''non-conforming'' bedroom and/or office. Large, bright and airy units. Utilities are seperated. Both units have lots of woodwork, coffered ceilings and hardwood floors. Lots of parking, garage, huge front porch. Easy renter. Projected rents for both units are around $3,500. This has served as a great owner occupant unit as both units are very nicely appointed. Lots of options, lots of space and Location, location, location! Basement has storage and laundry. Many updates have been made both inside and out. Whether this is a home or investment this is a great home filled with charm.

Additional Information

Owner Pays
Water
Taxes
$5,630
Acres
0.17
Basement
Full
Heating
Forced Air
Roofing
Composition, Rubber
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
5
Utilities
Natural Gas Connected, Electricity Connected
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Todd A Rookus from Listing Office: Parkside Homes LLC.

Selling Agent: Selling Office: .

© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .