$380,000
Grand Rapids, MI 49503
MLS# 25051513
Status: Sold
1 / 41
Property Description
Welcome to a wonderful opportunity to be an owner occupant, living in the remodeled lower unit and having the renter upstairs paying your mortgage! Or, a purchaser can buy the property to rent out the top and bottom. The lower unit has an updated kitchen and bathroom, eating area, living room, 2 bedrooms, and laundry. The upper unit has a separate entrance with a kitchen, eating area, living room, laundry, full bath and 2 bedrooms. Other perks: Swanstone Shower from Williams Kitchens and Baths with a new Hansgrohe Shower System, close distance to many stores and restaurants, super close to medical mile and downtown Grand Rapids, and major highways. Call for your private showing today!
Details
Maps
Location Property Info
County: Kent
Street #: 556
Street Name: Lyon
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49503
Zip (4): 3467
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $380,000
List Price: $376,000
Listing Date: 2025-10-07
General Property Info
Lot Measurement: Acres
Lot Square Footage: 4182
Lot Acres: 0.1
Lot Dimensions: 47x89
Year Built: 1880
New Construction: No
Cert of Compliance: Yes
Road Frontage: 47
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-14-30-252-025
Taxable Value: 44705
SEV: 137500
For Tax Year: 2025
Seller's Annual Property Tax: 2305.98
Tax Year: 2024
Spec Assessment & Ty: None Known
Zoning: RES
Remarks Misc
Directions: 196 To College, S To Lyon, E To Home.
Status Change Info
Under Contract Date: 2025-11-21
Sold Date: 2026-01-16
Sold Price: $380,000
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 1206
Occupied: No
Monthly Rent: 1350
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 996
Occupied: Yes
Monthly Rent: 1170
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Main Level; Upper Level
Exterior Material: Shingle Siding
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Electric; Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air; Wall Unit(s)
Street Type: Paved; Public
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow; Close Plus 30 Days
Sale Conditions: None
Listing Office: Independence Realty (Main)
Listing Agent: Doug Takens
Last Updated: January - 19 - 2026
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