556 Lafayette Avenue SE, Grand Rapids, MI 49503

Grand Rapids
Local realty services provided by:ERA Prime Real Estate Group
556 Lafayette Avenue SE,Grandrapids, MI 49503
$450,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: matthew luce
Office: real5
MLS#:65026017314
Source:MI_REALCOMP

Price summary

  • Price:$450,000

About this home

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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Home facts

  • Year built:1890
  • Listing ID #:65026017314
  • Added:95 day(s) ago
  • Updated:August 16, 2026 at 08:50 AM

Rooms and interior

  • Total bathrooms:2
  • Basement Description:Full

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1890
  • Lot area:0.17 Acres
  • Lot Features:Level
  • Construction Materials:Wood Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer, Storm Drain

Finances and disclosures

  • Price:$450,000
  • Tax amount:$7,226

Features and amenities

  • Laundry features:Gas Dryer Hookup, In Basement, In Unit, Sink, Upper Level

Parking

  • Total parking spaces:5
  • Parking description:Gravel
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