Certified rental property just south of Heritage Hills! This two-unit investment offers exceptional income potential with 9 total bedrooms and 2.5 baths — lower unit features 4 bedrooms/1.5 baths, upper unit features 5 bedrooms/1 bath. Currently 50% homesteaded. Prime location near downtown Grand Rapids. Excellent opportunity for investors or owner-occupants.
For sale by owner
$462,900
712 Lafayette Ave SE, Grand Rapids, MI 49503
9beds
3,601sqft
:
Get pre-qualified$3,264/mo
MultiFamily
Built in 1905
-- sqft lot
$-- Zestimate®
$129/sqft
$-- HOA
Overview
- 14 days |
- 832 |
- 29 |
Listed by:
Property Owner (616) 821-9463
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Other
Interior area
- Total interior livable area: 3,601 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 411431182007
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1905
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $425,000
- Annual tax amount: $8,734
- Date on market: 7/12/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,179/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2026 | Listed for sale | $462,900+33.1%$129/sqft |
Source: Owner Report a problem | ||
| 9/1/2022 | Sold | $347,751+5.4%$97/sqft |
Source:  MichRIC #22031266 Report a problem | ||
| 7/30/2022 | Pending sale | $329,900$92/sqft |
Source: MichRIC #22031266 Report a problem | ||
| 7/23/2022 | Listed for sale | $329,900+557.2%$92/sqft |
Source: MichRIC #22031266 Report a problem | ||
| 5/1/2003 | Sold | $50,200$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,734 | $212,500 +13% |
| 2024 | -- | $188,000 +48.9% |
| 2021 | $2,821 | $126,300 +13.5% |
| 2020 | $2,821 +3.2% | $111,300 +17.9% |
| 2019 | $2,734 | $94,400 +20.9% |
| 2018 | -- | $78,100 +31.9% |
| 2017 | $2,681 | $59,200 +12.5% |
| 2016 | $2,681 | $52,600 |
| 2015 | $2,681 +5% | $52,600 +8.7% |
| 2013 | $2,554 | $48,400 -30.4% |
| 2011 | -- | $69,500 -19.5% |
| 2010 | -- | $86,300 |
| 2009 | -- | $86,300 +25.6% |
| 2007 | -- | $68,700 +19.2% |
| 2006 | -- | $57,640 +3.7% |
| 2005 | -- | $55,584 +3.3% |
| 2004 | -- | $53,809 +26.9% |
| 2002 | -- | $42,400 +59.1% |
| 2001 | -- | $26,647 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South East Community
Nearby schools
GreatSchools rating
- 3/10Martin Luther King Leadership AcademyGrades: PK-8Distance: 0.6 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 0.4 mi
- 4/10Innovation Central High SchoolGrades: 9-12Distance: 1.1 mi
- $--4 bd1 ba2k sqft712 Lafayette Ave SE #A, Grand Rapids, MI 49503Off Market
- $358,4005 bd3 ba1.9k sqft706 Lafayette Ave SE, Grand Rapids, MI 49503Off Market
- $288,800-- bd-- ba-- sqft718 Lafayette Ave SE, Grand Rapids, MI 49503Off Market
- $34,0003 bd1 ba1.2k sqft704 Lafayette Ave SE, Grand Rapids, MI 49503Sold
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- $214,7003 bd1 ba1.4k sqft709 Lafayette Ave SE, Grand Rapids, MI 49503Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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