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556 Lafayette

Grand Rapids, MI 49503
  • $450,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 26017314
$450,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

Description

Heritage Hill character with real flexibility. This duplex works well for someone looking to live in one portion and rent the other, operate as an income property, or bring it back to a spacious single-family home. The main level blends natural light and original charm with everyday function, featuring a comfortable living room, formal dining area, and an updated kitchen, bathroom, and bedrooms that make daily living easy. Upstairs, you'll find a separate three-bedroom unit with its own kitchen, dining area, and spacious living room, currently rented for $1,750 per month to long-term tenants. Each unit has its own laundry. Off-street parking with multiple spaces adds to the practicality, and the location places you in the heart of Heritage Hill, close to downtown, parks, and local favorites. The fenced front yard is perfect for pups, and the wraparound porch offers a great place to sit and enjoy a beautiful day. 2.625% Loan Assumption available for remaining $261,000 owed by 2050.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-11T23:49:32.003.
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556 Lafayette Grand Rapids, MI 49503

  • Price: $450,000
  • Status: Active
  • On Site: 18 Days
  • MLS #: 26017314
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1890
Built
Neighborhood:
Grand Rapids (41032)
County:
Kent
Area:
Grand Rapids (41032)
School District:
Grand Rapids City School Distric
Property Description
Heritage Hill character with real flexibility. This duplex works well for someone looking to live in one portion and rent the other, operate as an income property, or bring it back to a spacious single-family home. The main level blends natural light and original charm with everyday function, featuring a comfortable living room, formal dining area, and an updated kitchen, bathroom, and bedrooms that make daily living easy. Upstairs, you'll find a separate three-bedroom unit with its own kitchen, dining area, and spacious living room, currently rented for $1,750 per month to long-term tenants. Each unit has its own laundry. Off-street parking with multiple spaces adds to the practicality, and the location places you in the heart of Heritage Hill, close to downtown, parks, and local favorites. The fenced front yard is perfect for pups, and the wraparound porch offers a great place to sit and enjoy a beautiful day. 2.625% Loan Assumption available for remaining $261,000 owed by 2050.
Exterior Features

Exterior Construction Wood Foundation Type Basement Frontage 50 Lot Description Sidewalks Lot Size 50 X 145 Roads City/CountyPaved Street Waterfront YN No

Interior Features

Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Association Or Landlord Pays Trash RemovalWater/Sewer Financial Terms CashConventionalFHAVA For Sale Or Rent For Sale Municipality Grand Rapids Principal Res Exempt YN No Property Type Multi-Family SEV 177200 Taxable Value 140720 Total Tax Amount 7226.14 Total Tax Year 2025 Unit1 Occupied YN No Unit1 Rent Rate 2400 Unit2 Occupied YN Yes Unit2 Rent Rate 1750

Listing courtesy of Real5 : (866) 507-3255.

Source MLS: MiRealSource
Originating MLS: Greater Regional AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-11T23:49:32.003.
 
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