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  • $273,875

    733 Lafayette Ave NE, Grand Rapids, MI 49503

    5beds
    2baths
    1,740sqft
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $319,400 Zestimate®
    $157/sqft
    $1,540 Estimated rent

    Home value

    $319,400

    $303,000 - $339,000

    $1,540/mo

    Zestimate® history
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    $1,739/mo

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    $1,739/mo

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    What's special

    With both units fully rented, this is your dream investment opportunity! This remarkable duplex offers an excellent chance to expand your portfolio immediately while already making money. Located in a desirable neighborhood and within minutes of the hospital, this property features two separate units, each with its own unique charm and functionality. The upper unit of this duplex is a spacious and inviting living space and is rented until March of 2024. Boasting 3 bedrooms and 1 bathroom, this unit provides ample room for a growing family or the potential to convert one of the bedrooms into a home office or study. The well-appointed kitchen is perfect for culinary adventures, while the comfortable living room offers a cozy retreat. The lower unit is a long time tenant and is rented month to month. Providing you as the owner the opportunity to keep as a fully functioning income property, OR move into the lower unit and have your other tenant help pay your mortgage! The opportunities are endless. The 2 bed, 1 bath unit provides the perfect amount of space. Add a splash of color, and update the floors, to make it your own, OR to increase your rental income even more.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tammy Jo Budzynski 616-292-4400,

    Keller Williams GR North (Main)

    Bought with:

    Emily Anderson, 6501420468

    Greenridge Realty South Haven

    Source: MichRIC,MLS#: 23132771MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Walk-Out Access
    Interior area
    • Total interior livable area: 1,740 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 50 x 121
    • Features: Sidewalk
    Details
    • Parcel number: 411419327031
    • Zoning description: Res

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $157/sqft
    • Tax assessed value: $31,170
    • Annual tax amount: $1,616
    • Date on market: 9/6/2023
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/21/2025Listing removed$285,000$164/sqft
    Source: MichRIC #25024555 Report a problem
    7/24/2025Price change$285,000-3.1%$164/sqft
    Source: MichRIC #25024555 Report a problem
    7/16/2025Price change$294,000-1.7%$169/sqft
    Source: MichRIC #25024555 Report a problem
    5/28/2025Listed for sale$299,000+9.2%$172/sqft
    Source: MichRIC #25024555 Report a problem
    10/18/2023Sold$273,875-2.2%$157/sqft
    Source: MichRIC #23132771 Report a problem
    9/13/2023Pending sale$279,900$161/sqft
    Source: MichRIC #23132771 Report a problem
    9/6/2023Listed for sale$279,900-1.4%$161/sqft
    Source: MichRIC #23132771 Report a problem
    9/6/2023Listing removed--
    Source: MichRIC #23019515 Report a problem
    8/19/2023Price change$284,000-0.2%$163/sqft
    Source: MichRIC #23019515 Report a problem
    8/7/2023Price change$284,500-0.2%$164/sqft
    Source: MichRIC #23019515 Report a problem
    6/30/2023Listed for sale$285,000$164/sqft
    Source: MichRIC #23019515 Report a problem
    6/23/2023Pending sale$285,000$164/sqft
    Source: MichRIC #23019515 Report a problem
    6/8/2023Listed for sale$285,000+29.6%$164/sqft
    Source: MichRIC #23019515 Report a problem
    1/19/2022Sold$219,900+4.8%$126/sqft
    Source: Public Record Report a problem
    11/1/2021Pending sale$209,900$121/sqft
    Source: Realcomp II #65021025875 Report a problem
    10/25/2021Price change$209,900-4.5%$121/sqft
    Source: MichRIC #21025875 Report a problem
    10/11/2021Listed for sale$219,900$126/sqft
    Source: MichRIC #21025875 Report a problem
    7/20/2021Pending sale$219,900$126/sqft
    Source: MichRIC #21025875 Report a problem
    3/15/2018Listing removed$900$1/sqft
    Source: City Wide Property Management, LLC Report a problem
    3/6/2018Listed for rent$900$1/sqft
    Source: City Wide Property Management, LLC Report a problem
    1/8/2018Listing removed$900$1/sqft
    Source: City Wide Property Management, LLC Report a problem
    12/27/2017Listed for rent$900$1/sqft
    Source: City Wide Property Management, LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,228 $126,700 +5.5%
    2024-- $120,100 +32.9%
    2021$1,558 $90,400 +12%
    2020$1,558 +3.2%$80,700 +11.2%
    2019$1,511 $72,600 +16.2%
    2018-- $62,500 +13.4%
    2017$1,481 $55,100 +14.3%
    2016$1,481 $48,200
    2015$1,481 +2.3%$48,200 +30.3%
    2013$1,447 $37,000 -21.3%
    2011-- $47,000 -7.3%
    2010-- $50,700 -8.5%
    2009-- $55,400 +25.6%
    2007-- $44,100 +83.1%
    2006-- $24,086 +3.7%
    2005-- $23,227 +3.3%
    2004-- $22,485 +6.2%
    2002-- $21,169 +3.2%
    2001-- $20,513
    Find assessor info on the county website

    Neighborhood: Belknap Lookout

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $319,400
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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
    $319,400