$450,000
Grand Rapids, MI 49503
MLS# 26017303
5 beds | 2 baths | 2638 sqft
1 / 43
Property Description
Heritage Hill character with real flexibility. This home 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. This home gives you flexibility without overcomplicating the path forward.
Details
Maps
Location & Property Info
Cross Streets: Wealthy and Lafayette
Property Sub-Type: Single Family Residence
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 170.58
General Property Info
New Construction: No
Lot Dimensions: 50 X 145
Road Frontage: 50
Garage Y/N: No
Total Fireplaces: 1
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 13
Total Fin SqFt All Levels: 2638
SqFt Above Grade: 2638
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 2638
Total Beds Above Grade: 5
Main Level Primary: Yes
Stories: 2
School District: Grand Rapids
Association YN: Yes
Lot Measurement: Acres
Lot Acres: 0.17
Lot Square Footage: 7231
Year Built: 1890
Total Bedrooms: 5
Full Baths: 2
Total Baths: 2
Tax Info
Taxable Value: 140720
SEV: 177200
For Tax Year: 2025
Seller's Annual Property Tax: 7266.14
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None Known
Zoning: RMHH2
Tax ID #: 411431134012
Remarks & Misc
Public Remarks: Heritage Hill character with real flexibility. This home 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. This home gives you flexibility without overcomplicating the path forward.
Legal: LOT 23 BLK 4* J PENNEY S ADDITION* BEING PART OF E 1/2 OF NW 1/4 SEC 31-7-11
Waterfront Options
Water Access Y/N: No
Lot Description
Level: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Assumable: 1
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Association Info.
Approx. Assoc Fee: 0
Assoc. Buy in Fee: 0
Laundry Features
Gas Dryer Hookup: 1
In Basement: 1
In Unit: 1
Sink: 1
Upper Level: 1
Exterior Material
Wood Siding: 1
Assoc. Fee Incl.
None: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Full Baths: 1
Upper Level Square Feet: 1329
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 1309
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 955
Driveway
Gravel: 1
Other: 1
Substructure
Full: 1
Windows
Screens: 1
Storms: 1
Kitchen Features
Mud Room Access: 1
Pantry: 1
Additional Items
Ceiling Fan(s): 1
Home Warranty: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Heater
Natural Gas: 1
Exterior Features
Other: 1
Fencing
Front Yard: 1
Patio and Porch Features
Porch(es): 1
Covered: 1
Flooring
Vinyl: 1
Wood: 1
Landscape
Flower Garden: 1
Garden Area: 1
Shrubs/Hedges: 1
Architectural Style
Victorian: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 556
Street Name: Lafayette
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49503
Zip (4): 5332
OfficeContract Info
Status: Active
List Price: $450,000
Current Price: $450,000
Listing Date: 2026-04-23
Property Features
Laundry Features: Gas Dryer Hookup; In Basement; In Unit; Sink; Upper Level
Exterior Material: Wood Siding
Roofing: Composition
Windows: Screens; Storms
Substructure: Full
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer
Kitchen Features: Mud Room Access; Pantry
Additional Items: Ceiling Fan(s); Home Warranty
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Water Heater: Natural Gas
Exterior Features: Other
Fencing: Front Yard
Flooring: Vinyl; Wood
Patio and Porch Features: Covered; Porch(es)
Landscape: Flower Garden; Garden Area; Shrubs/Hedges
Architectural Style: Victorian
Driveway: Gravel; Other
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Assumable; Cash; Conventional; FHA; MSHDA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Real5
Listing Agent: Matthew Luce
Last Updated: April - 23 - 2026
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