Sold

$357,000

1046 Lafayette Ave SE, Grand Rapids, MI 49507

8beds

4baths

3,900sqft

2 to 4 Units

Built in 1900

-- sqft lot

$366,400 Zestimate^®

$92/sqft

$1,351 Estimated rent

Home value

$366,400

$348,000 - $385,000

$1,351/mo

Zestimate^® history

Owner options

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$1,351/mo

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$1,351/mo

Rent Zestimate^®

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$2,267/mo

Est. payment

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$2,267/mo

Est. payment

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What's special

Updated flooringNew upper-level deckRemodeled kitchens

Turnkey four-unit investment opportunity in the SE side of Grand Rapids. All four 2-bedroom 1-bath units feature many recent updates including remodeled kitchens and baths, updated flooring, and plumbing improvements. Separate gas and electric meters help streamline management expenses. The new upper-level deck adds additional outdoor space attractive to renters. 2 of the 4 furnaces have been replaced in the last 3 years. Excellent location near downtown Grand Rapids, medical campuses, dining, entertainment, and major highway access.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air

Appliances

Laundry: In Unit

Features

Basement: Full,Walk-Out Access

Interior area

Total interior livable area: 3,900 sqft

Property

Lot

Size: 4,356 Square Feet
Dimensions: 41 x 109
Features: Level, Sidewalk

Details

Parcel number: 411431378012
Zoning description: residential

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition,Rubber

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Storm Sewer
Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $92/sqft
Tax assessed value: $93,446
Annual tax amount: $4,698
Date on market: 5/15/2026
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
6/30/2026	Sold	$357,000-4.8%$92/sqft
Source: MichRIC #26022546 Report a problem
6/4/2026	Pending sale	$375,000$96/sqft
Source: MichRIC #26022546 Report a problem
5/15/2026	Listed for sale	$375,000+217.8%$96/sqft
Source: MichRIC #26022546 Report a problem
2/23/2018	Sold	$118,000-15.7%$30/sqft
Source: Public Record Report a problem
12/28/2017	Pending sale	$139,900$36/sqft
Source: Grand Rapids - Creston #17057745 Report a problem
12/22/2017	Listed for sale	$139,900$36/sqft
Source: Grand Rapids - Creston #17057745 Report a problem
12/13/2017	Pending sale	$139,900$36/sqft
Source: Grand Rapids - Creston #17057745 Report a problem
12/1/2017	Listed for sale	$139,900+1313.1%$36/sqft
Source: Berkshire Hathaway HomeServices Michigan Real Estate #17057745 Report a problem
3/30/2009	Sold	$9,900-58.6%$3/sqft
Source: Public Record Report a problem
12/23/2008	Price change	$23,900-11.2%$6/sqft
Source: foreclosure.com Report a problem
12/11/2008	Listed for sale	$26,900-70.8%$7/sqft
Source: foreclosure.com Report a problem
6/26/2008	Sold	$92,250-37.2%$24/sqft
Source: Public Record Report a problem
11/22/2005	Sold	$147,000$38/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,577	$160,500 +10.2%
2024	--	$145,700 +44.7%
2021	$4,002	$100,700 +15.6%
2020	$4,002 +10%	$87,100 +16.1%
2019	$3,640	$75,000 +17.2%
2018	--	$64,000 +34.7%
2017	$3,026	$47,500 -14.6%
2016	$3,026	$55,600
2015	$3,026 -8.5%	$55,600 +5.3%
2013	$3,308	$52,800 -16.3%
2011	--	$63,100 -9.5%
2010	--	$69,700 -11.4%
2009	--	$78,700 +37.8%
2007	--	$57,100 +2.9%
2006	--	$55,479 +3.7%
2005	--	$53,500 +67.7%
2004	--	$31,899 +6.2%
2002	--	$30,031 +3.2%
2001	--	$29,100