201 Lafayette Avenue NE, Grand Rapids City, MI 49503
Kent County
Key Facts
Description
Location, Location, Location! A unique opportunity to own a Heritage Hill duplex just a literal minutes' walk to GRCC, Spectrum Health, Downtown and Martha's Vineyard. Unit 1 is a 4 bed, 2 1/2 bath unit featuring many newer updates and lots of original character. There is access to a private patio & 2 stall garage. Unit 2 is a semi studio unit w/private entrance on the 3rd floor accessed from an outside staircase w/ small deck half way up. The large size studio also has updated kitchen and bath. Full size basement provides laundry, storage and potential workout/studio space. You must see this to appreciate the mix of modern convenience and old world character. Would be a great owner occupied property in the main unit with the studio to offset your mortgage. Solid rental history.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1910
Living Area
2,440 sq ft
Lot Size
0.08 acres
Lot Dimensions
48x69
Parking Spaces
2
Days on Market
67
MLS® Listing#
65026016231
Property Features
Interior
Heating
Basement
Parking
Laundry
Lot Features
Construction
Roof
Community
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$8,012
Tax year 2025
Assessed Value
$159,345
Parcel Number
411430130014
Directions
On NW corner of Lafayette and Lyon. Lafayette between Michigan and Lyon.
Affordability Calculator
$89,980
Estimated monthly payment
$2,395/mo
Principal $359,920 · Est. interest $502,120 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grand Rapids City, MI
- $247,781
- Median Listing Price
- 62
- Median Days on Market
- 1,506
- Median Sq Ft
- $140
- Median Price / Sq Ft
- 14,310
- Active Listings
- This home’s price is 82% above the area median.
- Its price per sq ft is 32% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grand Rapids City, MI.
Location
Points of Interest in Grand Rapids City, MI
Showing the Grand Rapids City area map.
Nearby Schools
Ferris State University Grand Rapids Mi
School · 0.1 mi away
Grand Rapids Public Schools
Secondary · 0.2 mi away
Grand Rapids Public School
School · 0.2 mi away
Fusion Education Group
School · 0.4 mi away
Grand Rapids Public Museum High School
Secondary · 0.4 mi away
Foxbright
School · 0.4 mi away
Coit Arts Academy
School · 0.5 mi away
Gini - Global Innovation Institute
School · 0.5 mi away
Douglas J Academy Cosmetology
School · 0.6 mi away
Bad Day Industries
School · 0.6 mi away
Catholic Central High School
Secondary · 0.7 mi away
Grand Rapids Child Discovery Center - GRCDC
Elementary · 0.9 mi away
Congress Elementary
Elementary · 0.9 mi away
Grand Rapids University Preparatory Academy
School · 1.0 mi away
Martin Luther King Leadership Academy
School · 1.0 mi away
Gvsu Charter School
School · 1.1 mi away
East Leonard Elementary School
Elementary · 1.1 mi away
Stepping Stones Montessori School
Elementary · 1.1 mi away
Nextech High School of Grand Rapids
Secondary · 1.2 mi away
St Adalbert School
School · 1.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 409 Fleming Street, Howell City, MI | $314,999 | 4 | 3 | 1,865 |
| 2941 Coit Avenue NE, Grand Rapids, MI | $314,999 | 3 | 2 | 1,176 |
| 2941 Coit Avenue NE, Grand Rapids City, MI | $314,999 | 3 | 2 | 1,176 |
| 5671 OTIS Street, Detroit City, MI | $315,000 | 8 | 4 | 3,300 |
| 2155 E 8 Mile Road, Grosse Pointe Woods City, MI | $315,000 | 3 | 2 | 2,007 |
| 129 Wheeling Street, Bangor City, MI | $315,000 | 4 | 2 | 2,192 |
Moving Cost Estimate
EXIT Agents in Grand Rapids City
Listing Courtesy: Five Star Real Estate (E. Division) - 6163275707
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