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.
Active
$299,000
733 Lafayette Ave NE, Grand Rapids, MI 49503
5beds
2baths
1,740sqft
Est.:
2 to 4 Units
Built in 1900
-- sqft lot
$287,700 Zestimate®
$172/sqft
$-- HOA
What's special
Private entranceSeparate utilities
- 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#: 25024555

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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