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Active
  • $299,000

    733 Lafayette Ave NE, Grand Rapids, MI 49503

    5beds
    2baths
    1,740sqft
    : 
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $287,700 Zestimate®
    $172/sqft
    $-- HOA

    What's special

    Private entranceSeparate utilities
    Turnkey duplex with reliable rental income in the heart of the desirable Belknap Lookout neighborhood. Situated on a bus route and just minutes from Medical Mile, downtown, restaurants, and parks, this property offers outstanding access to employers and everyday conveniences. Each unit has its own private entrance and separate utilities—featuring a 3 bed/1 bath upper unit and a 2 bed/1 bath lower unit. Both are currently rented, providing immediate cash flow, with tenants covering electric & gas. Already tenant-occupied and professionally managed, this is a seamless investment opportunity with low-maintenance appeal. Perfect for expanding your portfolio or house-hacking. Financials and tenant estoppels available for serious inquiries. Whether you're expanding your portfolio or looking to offset your mortgage with rental income, this property checks all the boxes.
    26 days
    on Zillow
    |
    1,518
    |
    105
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 28, 2025 at 01:21pm

    Listed by:

    Emily Anderson 269-639-5013,

    Greenridge Realty South Haven 269-637-8555

    Source: MichRIC,MLS#: 25024555MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 733 Lafayette Ave NE.

    Next available tour time:Tomorrow at 3pm

    Facts & features

    Interior

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

    Property

    Parking
    • Total spaces: 1
    Lot
    • Size: 6,098.4 Square Feet
    • Dimensions: 50 x 121
    Details
    • Parcel number: 411419327031

    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: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Community
    • Subdivision: Mohrhard S Second Sub
    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $172/sqft
    • Tax assessed value: $123,823
    • Annual tax amount: $6,228
    • Date on market: 5/28/2025
    • Listing terms: Cash,Conventional,Tax Def Exchange
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved
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