1215 Lake Drive Se, Grand Rapids, MI 49506
Local realty services provided by:ERA Reardon Realty
1215 Lake Drive Se,Grand Rapids, MI 49506
$499,900
- - Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: wyatt martin
Office: greenridge realty (egr)
MLS#:26045423
Source:MI_MICHRIC
Price summary
- Price:$499,900
About this home
Welcome to 1211-1215 Lake Dr! A rare opportunity for investors and owner-occupants in one of Grand Rapids' most walkable and desirable neighborhoods! This character-filled two-unit property combines immediate rental income, a vacant unit ready for occupancy and exciting future expansion potential. The vacant upper unit features two bedrooms, one full bath, beautiful hardwood floors, abundant natural light and spacious living and dining areas. It also enjoys its own private covered front porch and rear deck. Above the unit, an expansive 996-square-foot unfinished attic presents remarkable potential for additional living space, subject to necessary approvals. The occupied lower unit offers two bedrooms and one full bath, hardwood floors, generously sized living areas and a functional kitchen. It also has direct access to a private deck and fully fenced backyard, creating a valuable outdoor retreat. The lower unit is currently rented for $1,655 per month on a month-to-month basis. Additional features include off-street parking and a shared basement with laundry and storage space. Located within easy walking distance of Eastown, the Cherry Street business district, Fulton Street Farmers Market, restaurants, shops and neighborhood amenities. Live in the vacant upper unit while collecting rent below, lease both units, or explore the property's long-term potential—this is a flexible opportunity in a location tenants and homeowners love....
Contact an agent
Home facts
- Year built:1910
- Listing ID #:26045423
- Added:11 day(s) ago
- Updated:September 07, 2026 at 03:37 PM
Rooms and interior
- Total bathrooms:2
- Basement:Yes
- Basement Description:Daylight
Heating and cooling
- Heating:Hot Water, Radiant, Steam
Structure and exterior
- Year built:1910
- Lot area:0.15 Acres
- Construction Materials:Brick
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Tax amount:$5,880 (2026)
Parking
- Total parking spaces:3
New listings near 1215 Lake Drive Se
- New
$229,000Active3 beds 2 baths1,265 sq. ft.1019 Cooper Avenue Se, Grand Rapids, MI 49507
MLS# 26047449Listed by: PLACE REAL ESTATE - Open Sat, 12 to 2:30pmNew
$364,900Active3 beds 2 baths1,753 sq. ft.1139 Houseman Avenue Ne, GrandRapids, MI 49503
MLS# 20261071671Listed by: EXIT AHEAD REALTY - New
$459,900Active2 beds 3 baths2,277 sq. ft.2360 Whimbrel Court Ne #49, Grand Rapids, MI 49505
MLS# 26047404Listed by: KELLER WILLIAMS GR EAST - New
$625,000Active4 beds 3 baths3,826 sq. ft.2115 Romence Street Ne, Grand Rapids, MI 49503
MLS# 26047342Listed by: FIVE STAR REAL ESTATE (WALKER) - New
$267,000Active4 beds 2 baths1,386 sq. ft.1127 Niagara Avenue Se, Grand Rapids, MI 49507
MLS# 26047328Listed by: EWING REALTY LLC - New
$150,000Active2 beds 2 baths1,518 sq. ft.3691 Willow Drive Ne #3696, Grand Rapids, MI 49525
MLS# 26047294Listed by: FIVE STAR REAL ESTATE - N MUSK - New
$299,900Active3 beds 1 baths1,259 sq. ft.2226 College Avenue Se, Grand Rapids, MI 49507
MLS# 26047274Listed by: GREENRIDGE REALTY (EGR) - New
$169,000Active2 beds 2 baths822 sq. ft.3344 Devonwood Hills Ne, Grand Rapids, MI 49525
MLS# 26047278Listed by: POLARIS REAL ESTATE LLC - New
$430,000Active3 beds 2 baths1,665 sq. ft.1312 Gladstone Drive Se, Grand Rapids, MI 49506
MLS# 26047265Listed by: GREENRIDGE REALTY - New
$239,900Active2 beds 1 baths715 sq. ft.4977 Hunsberger Avenue Ne, Grand Rapids, MI 49525
MLS# 26047227Listed by: BERKSHIRE HATHAWAY HOMESERVICES MICHIGAN REAL ESTATE (MAIN)