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Sold
  • $305,000

    1405 Lafayette Ave SE, Grand Rapids, MI 49507

    6beds
    4baths
    2,578sqft
    2 to 4 Units
    Built in 1912
    -- sqft lot
    $314,300 Zestimate®
    $118/sqft
    $1,572 Estimated rent

    Home value

    $314,300

    $292,000 - $336,000

    $1,572/mo

    Zestimate® history
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    What's special

    Original woodworkFull basement with laundrySeparated back decksHardwood floorsLots of storageUpdated bathrooms
    Updated and highly desirable 2 unit rental in SE Grand Rapids! Identical side-by-side 3 bed 1.5 bath units. Highlights include beautiful brick and cement front porch, separated back decks, and updated bathrooms. Both units have original woodwork and hardwood floors. Great for entertaining. Also, each unit has its own full basement with laundry and lots of storage. New windows in 2025 and new siding in October of 2024. North unit is occupied - start cash flowing immediately. South unit is move in ready. Strong rental history. Ideal location with easy access to US 131 and near Garfield Park. Don't miss out on this great investment opportunity. Schedule your showing today! Seller has directed listing broker to hold all offers until 12:00 noon Monday 8/25/25.

    Zillow last checked:

    Listing updated:

    Listed by:

    Frederick P Smith 616-389-3437,

    Cornerstone Home Group

    Bought with:

    Latisha M Poelman, 6501409606

    Keller Williams GR North (Main)

    Tammy Jo Budzynski, 6506043034

    Source: MichRIC,MLS#: 25042490MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Forced Air
    Appliances
    • Laundry: Lower Level
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,578 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 41 x 114
    • Features: Level, Sidewalk
    Details
    • Parcel number: 411806127064
    • Zoning description: MDR

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Brick, Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Utilities for property: Cable Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $118/sqft
    • Tax assessed value: $60,609
    • Annual tax amount: $3,143
    • Date on market: 8/21/2025
    • Listing terms: VA Loan,FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/12/2025Sold$305,000+9%$118/sqft
    Source: MichRIC #25042490 Report a problem
    8/26/2025Pending sale$279,900$109/sqft
    Source: MichRIC #25042490 Report a problem
    8/21/2025Listed for sale$279,900+100.1%$109/sqft
    Source: MichRIC #25042490 Report a problem
    6/23/2025Listing removed$1,495$1/sqft
    Source: Zillow Rentals Report a problem
    6/20/2025Listed for rent$1,495+25.1%$1/sqft
    Source: Zillow Rentals Report a problem
    3/29/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/1/2022Price change$1,195-2.4%
    Source: Zillow Rental Network Premium Report a problem
    11/28/2022Price change$1,225-2%
    Source: Zillow Rental Network Premium Report a problem
    11/21/2022Price change$1,250-2%
    Source: Zillow Rental Network Premium Report a problem
    11/14/2022Price change$1,275-1.5%
    Source: Zillow Rental Network Premium Report a problem
    11/4/2022Price change$1,295-7.2%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    10/25/2022Price change$1,395-3.8%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    10/14/2022Price change$1,450-3%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    10/10/2022Listed for rent$1,495+25.1%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    12/30/2019Listing removed$1,195
    Source: Zillow Rental Network Report a problem
    12/24/2019Listed for rent$1,195
    Source: Zillow Rental Network Report a problem
    6/28/2019Listing removed$1,195
    Source: United Properties of West Michigan Report a problem
    6/20/2019Listed for rent$1,195+3.9%
    Source: Zillow Rental Network Report a problem
    7/13/2018Listing removed$1,150
    Source: Zillow Rental Network Report a problem
    6/26/2018Price change$1,150+12.2%
    Source: Zillow Rental Network Report a problem
    6/25/2018Listed for rent$1,025+14.5%
    Source: Zillow Rental Network Report a problem
    11/23/2017Listing removed$895-5.3%
    Source: Zillow Rental Network Report a problem
    10/17/2017Price change$945-3.1%
    Source: Zillow Rental Network Report a problem
    10/4/2017Price change$975-6.7%
    Source: Zillow Rental Network Report a problem
    9/13/2017Listed for rent$1,045
    Source: Zillow Rental Network Report a problem
    9/2/2017Listing removed$139,900+2.9%$54/sqft
    Source: Grand Rapids East #17036057 Report a problem
    8/30/2017Sold$136,000+353.3%$53/sqft
    Source: Public Record Report a problem
    8/11/2016Sold$30,000$12/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,143 $142,000 +7.7%
    2024-- $131,800 +50.3%
    2021$2,749 $87,700 +17.7%
    2020$2,749 +3.2%$74,500 +21.5%
    2019$2,664 $61,300 +21.9%
    2018-- $50,300 +43.7%
    2017$1,597 $35,000 +16.7%
    2016$1,597 $30,000
    2015$1,597 -38.8%$30,000 +4.9%
    2013$2,607 $28,600 -15.6%
    2011-- $33,900 -9.1%
    2010-- $37,300 +12%
    2002-- $33,300 +46.5%
    2001-- $22,725
    Find assessor info on the county website

    Neighborhood: South East Community

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $314,300
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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
    $314,300