$474,900
Grand Rapids, MI 49503
MLS# 26016231
1 / 33
Property Description
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.
Details
Maps
Location & Property Info
Cross Streets: Lyon and Michigan
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 194.63
General Property Info
New Construction: No
Lot Dimensions: 48x69
Financial Available: No
Road Frontage: 48
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2440
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 3311
Lot Acres: 0.08
Year Built: 1910
Tax Info
Taxable Value: 159345
SEV: 201200
For Tax Year: 2026
Seller's Annual Property Tax: 8012
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: NA
Tax ID #: 41-14-30-130-014
Remarks & Misc
Public Remarks: 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.
Legal: S 48 FT OF LOT 10 BLK 11* KENDALL S ADDITION
Waterfront Options
Water Access Y/N: No
Lot Description
Corner Lot: 1
Sidewalk: 1
Income and Expenses
Gross Op. Inc.: 37800
Street Type
Paved: 1
Public: 1
Util Avail at Street
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Trash: 1
Driveway
Paved: 1
Substructure
Full: 1
Extras
Garages: 1
Laundry Facility: 1
Tenant Storage: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Unit 1
SqFt: 1836
Occupied: Yes
Monthly Rent: 2000
Bedrooms: 4
Bathrooms: 3
Full Baths: 2
Half Baths: 1
Deck/Patio: 1
Dishwasher: 1
Fireplace: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Unit 2
SqFt: 604
Occupied: Yes
Monthly Rent: 1150
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 201
Street Name: Lafayette
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49503
Zip (4): 3306
OfficeContract Info
Status: Active
Current Price: $474,900
List Price: $474,900
Listing Date: 2026-04-17
Remarks Misc
Directions: On NW corner of Lafayette and Lyon. Lafayette between Michigan and Lyon.
Property Features
Exterior Material: Wood Siding
Roofing: Composition; Rubber
Substructure: Full
Lot Description: Corner Lot; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Storm Sewer
Extras: Garages; Laundry Facility; Tenant Storage
Owner Pays: Electricity; Gas; Sewer; Water
Tenant Pays: Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Dishwasher; Fireplace; Garage; Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator; Sep. Heat System
Listing Office: Five Star Real Estate (E. Division)
Listing Agent: Linda M Tanis
Last Updated: April - 17 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.