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Sold
  • $239,500

    1220 Lafayette Ave SE, Grand Rapids, MI 49507

    6beds
    2baths
    2,049sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $246,700 Zestimate®
    $117/sqft
    $1,454 Estimated rent

    Home value

    $246,700

    $232,000 - $264,000

    $1,454/mo

    Zestimate® history
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    $1,625/mo

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    What's special

    Fully fenced backyardOff-street parkingReplacement windowsBrand new roof
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Johnson 616-799-2903,

    Clear Realty Group

    Bought with:

    Roberto Rodriguez-Leon, 6501422662

    Five Star Real Estate (Grandv)

    Source: MichRIC,MLS#: 25053861MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,049 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 41 x 116
    Details
    • Parcel number: 411806128005
    • Zoning description: Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Utilities for property: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $117/sqft
    • Tax assessed value: $42,565
    • Annual tax amount: $2,328
    • Date on market: 10/19/2025
    • Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
    • Tenant pays: None
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/24/2025Sold$239,500-0.2%$117/sqft
    Source: MichRIC #25053861 Report a problem
    10/23/2025Pending sale$239,900$117/sqft
    Source: MichRIC #25053861 Report a problem
    10/19/2025Listed for sale$239,900+299.8%$117/sqft
    Source: MichRIC #25053861 Report a problem
    6/27/2016Sold$60,000-11.1%$29/sqft
    Source: Public Record Report a problem
    5/10/2016Listed for sale$67,500+110.9%$33/sqft
    Source: Compass Realty Services #16021899 Report a problem
    1/30/2013Listing removed$665
    Source: Urban Pharm LLC Report a problem
    12/18/2012Listed for rent$665
    Source: Urban Pharm LLC Report a problem
    6/20/2012Listing removed$665
    Source: Urban Pharm LLC Report a problem
    6/5/2012Listed for rent$665
    Source: Urban Pharm LLC Report a problem
    7/20/2007Sold$32,000-65.9%$16/sqft
    Source: Public Record Report a problem
    2/2/2006Sold$93,913+11.8%$46/sqft
    Source: Public Record Report a problem
    10/6/2003Sold$84,000$41/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,207 $96,000 +6.8%
    2024-- $89,900 +49.3%
    2021$1,930 $60,200 +17.3%
    2020$1,930 +3.2%$51,300 +19.6%
    2019$1,871 $42,900 +19.5%
    2018-- $35,900 +19.3%
    2017$1,379 $30,100 +9.1%
    2016$1,379 $27,600
    2015$1,379 +5%$27,600 +10.8%
    2013$1,314 $24,900 -20.2%
    2011-- $31,200 -9%
    2010-- $34,300 -11.1%
    2009-- $38,600 +46.8%
    2007-- $26,300 +20%
    2006-- $21,916 +3.7%
    2005-- $21,135 +3.3%
    2004-- $20,460 +73.4%
    2002-- $11,796 +3.2%
    2001-- $11,431
    Find assessor info on the county website

    Neighborhood: South East Community

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $246,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $246,700