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Sold
  • $380,000

    556 Lyon St NE, Grand Rapids, MI 49503

    4beds
    2baths
    2,202sqft
    2 to 4 Units
    Built in 1880
    -- sqft lot
    $390,800 Zestimate®
    $173/sqft
    $1,677 Estimated rent

    Home value

    $390,800

    $367,000 - $414,000

    $1,677/mo

    Zestimate® history
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    Owner options

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    $1,677/mo

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    $1,677/mo

    Rent Zestimate®

    Refinance and save

    $2,406/mo

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    $2,406/mo

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    What's special

    New hansgrohe shower systemSwanstone showerRemodeled lower unitUpdated kitchen
    Welcome to a wonderful opportunity to be an owner occupant, living in the remodeled lower unit and having the renter upstairs paying your mortgage! Or, a purchaser can buy the property to rent out the top and bottom. The lower unit has an updated kitchen and bathroom, eating area, living room, 2 bedrooms, and laundry. The upper unit has a separate entrance with a kitchen, eating area, living room, laundry, full bath and 2 bedrooms. Other perks: Swanstone Shower from Williams Kitchens and Baths with a new Hansgrohe Shower System, close distance to many stores and restaurants, super close to medical mile and downtown Grand Rapids, and major highways. Call for your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Doug F Takens 616-262-4574,

    Independence Realty (Main)

    Bought with:

    Melissa Story, 6501407204

    Keller Williams Harbortown

    Source: MichRIC,MLS#: 25051513MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air, Wall Unit(s)
    Appliances
    • Laundry: Main Level, Upper Level
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,202 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 47 x 89
    Details
    • Parcel number: 411430252025
    • Zoning description: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Shingle Siding
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $44,705
    • Annual tax amount: $2,305
    • Date on market: 10/7/2025
    • Listing terms: VA Loan,FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/16/2026Sold$380,000+1.1%$173/sqft
    Source: MichRIC #25051513 Report a problem
    11/21/2025Pending sale$376,000$171/sqft
    Source: MichRIC #25051513 Report a problem
    10/22/2025Price change$376,000-6%$171/sqft
    Source: MichRIC #25051513 Report a problem
    10/7/2025Listed for sale$399,900+691.9%$182/sqft
    Source: MichRIC #25051513 Report a problem
    6/3/2010Sold$50,500-8%$23/sqft
    Source: Public Record Report a problem
    1/31/2010Price change$54,900-64.9%$25/sqft
    Source: foreclosure.com Report a problem
    1/2/2010Listed for sale--
    Source: foreclosure.com Report a problem
    10/12/2009Sold$156,277+59.2%$71/sqft
    Source: Public Record Report a problem
    4/9/2008Sold$98,158-1.8%$45/sqft
    Source: Public Record Report a problem
    6/22/2006Sold$100,000+675.2%$45/sqft
    Source: Public Record Report a problem
    4/23/2003Sold$12,900$6/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,249 $137,500 +5.8%
    2024-- $130,000 +34%
    2021$1,966 $97,000 +6.6%
    2020$1,966 +3.2%$91,000 +62.2%
    2019$1,906 $56,100 +10.4%
    2018-- $50,800 +10.9%
    2017$1,832 $45,800 +21.5%
    2016$1,832 $37,700
    2015$1,832 +5%$37,700 +11.2%
    2013$1,745 $33,900 -34.6%
    2011-- $51,800 -12.1%
    2010-- $58,900 -3%
    2009-- $60,700 -13.3%
    2007-- $70,000 -11.9%
    2006-- $79,500
    2005-- $79,500 +75.2%
    2004-- $45,374 +6.2%
    2002-- $42,717 +3.2%
    2001-- $41,393
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $390,800
    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
    $390,800