Grand Rapids, MI 49507,1220 Lafayette AVE SE
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Grand Rapids, MI 49507,1220 Lafayette AVE SE
Grand Rapids, MI 49507,1220 Lafayette AVE SE
Grand Rapids, MI 49507,1220 Lafayette AVE SE
Grand Rapids, MI 49507,1220 Lafayette AVE SE

$239,900

Est. payment /mo
Est.Price: ?

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1220 Lafayette AVE SE Grand Rapids, MI 49507

2,049 SqFt

SOLD DATE : 11/24/2025

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 2,049 sqft

Price per Sqft $116

MLS Listing ID 65025053861

Sold Date 11/24/25

Year Built 1900

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type MultiFamily

Property Description

Charming duplex in a convenient location near US-131, perfect for house hackers or investors! Property features two spacious 3 bed, 1 bath units with vinyl siding, replacement windows, and a brand new roof. The lower unit is occupied by a long-term, easygoing tenant on month-to-month at $1,960/month with an increase in progress. The upper unit offers great potential with a new furnace and water heater--move-in ready or ideal for maximizing market rent. Shared laundry available in the basement. Enjoy a fully fenced backyard, perfect for pets or outdoor living. Off-street parking and strong rental demand area. Solid cash-flow opportunity with room for value-add improvements. Rental certificate through 5/11/2028. Don't miss this versatile income property!

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Full

Interior

Heating ForcedAir, NaturalGas

Fireplace No

Laundry InBasement

Exterior

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected

View Y/N No

Building

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Grandrapids

School District Grandrapids

Others

Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan

Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan

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Realcomp MLS
Listed by Tyler Johnson of Clear Realty Group
Bought with Five Star Real Estate (Grandv)

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