1220 Lafayette Avenue SE, Grand Rapids, MI 49507
- $239,500
- Sold Price
- $239,500
- List Price
- $239,900
- Closing Date
- Nov 24, 2025
- Days on Market
- 3
- MLS#
- 25053861
- Status
- SOLD
- Type
- Multifamily
- Neighborhood
- Grand Rapids - G
Property Description
Charming duplex in a convenient location near US-131, perfect for house hackers or investors! Property features two spacious 3 bed, 1 bath units with vinyl siding, replacement windows, and a brand new roof. The lower unit is occupied by a long-term, easygoing tenant on month-to-month at $1,960/month with an increase in progress. The upper unit offers great potential with a new furnace and water heater—move-in ready or ideal for maximizing market rent. Shared laundry available in the basement. Enjoy a fully fenced backyard, perfect for pets or outdoor living. Off-street parking and strong rental demand area. Solid cash-flow opportunity with room for value-add improvements. Rental certificate through 5/11/2028. Don't miss this versatile income property!
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Additional Information
- Owner Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Taxes
- $2,328
- Acres
- 0.11
- Basement
- Full
- Heating
- Forced Air
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Tenant Pays
- None
- Total Parking Spaces
- 2
- Utilities
- Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected
- Water
- Public
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Listing courtesy of Listing Agent: Tyler Johnson from Listing Office: Clear Realty Group.
Selling Agent: Selling Office: .
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