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Off market
  • $1,063,200

    25 Lafayette Ave SE, Grand Rapids, MI 49503

    3beds
    2baths
    --sqft
    MultiFamily
    Built in 1878
    -- sqft lot
    $1,063,200 Zestimate®
    $--/sqft
    $1,880 Estimated rent

    Home value

    $1,063,200

    $819,000 - $1.36M

    $1,880/mo

    Zestimate® history
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    Owner options

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    $1,880/mo

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    $1,880/mo

    Rent Zestimate®

    Refinance and save

    $6,767/mo

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    $6,767/mo

    Est. payment

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    What's special

    Gorgeous brick Eastlake architectural style 8 unit in Heritage Hill close to downtown Grand Rapids and college campuses. Even though it has been converted to four 1 bed/1 bath units, three 2 bed/1 bath units and one 2 bed/2 bath unit, it has retained much of its original design, craftsmanship, and adornments. Turn key with newer roof, updated boiler, newer hot water heaters, and many other improvements. Split electric and tons of off-street parking including 11 garage stalls. Gross rents of roughly $7,500/M. All units M/M and under market.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Radiant, Electric, Gas
    Appliances
    • Laundry: Laundry Facility
    Features
    • Basement: Full

    Property

    Parking
    • Total spaces: 25
    Features
    • Exterior features: Brick
    • Frontage length: 60.00
    Lot
    • Size: 0.5 Acres
    Details
    • Parcel number: 411430326014

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1878

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Tax assessed value: $1,225,000
    • Annual tax amount: $28,713
    • Total actual rent: 1860
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    4/29/2022Sold$1,250,000+25%
    Source: Public Record Report a problem
    7/7/2019Listing removed$1,000,000
    Source: Compass Realty Services #19021964 Report a problem
    5/21/2019Listed for sale$1,000,000
    Source: Compass Realty Services #19021964 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,713 $612,500 +5.6%
    2024-- $580,200 +46.5%
    2021$10,365 $396,000 +12.8%
    2020$10,365 +3.2%$351,100 +14.7%
    2019$10,048 $306,000 +9%
    2018-- $280,800 +14.3%
    2017$9,850 $245,700 +11.1%
    2016$9,850 $221,100
    2015$9,850 +5%$221,100 +5%
    2013$9,385 $210,600
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Grand Rapids

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,063,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,063,200