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733 Lafayette Avenue NE, Grand Rapids, MI 49503

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For Sale

$294,000

0.14 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Opportunity Knocks! This well-located duplex currently generates $2,700/month in rental income with tenants covering some utilities, offering a strong foundation for your investment strategy. In-unit laundry is being added soon, boosting appeal and rentability even further. Each unit has its own private entrance and separate utilities, with a 3 bed/1 bath upstairs and a 2 bed/1 bath downstairs ideal for long-term tenants or flexible rental strategies. The property is professionally managed, which can allow for a smooth transition for the next owner whether you choose to self-manage or keep the current systems in place. Situated just minutes from Medical Mile and downtown Grand Rapids, and conveniently located on a bus route, this property offers solid rental demand in a... ...desirable neighborhood. Whether you're a seasoned investor, first-time house-hacker, or someone exploring furnished rentals for traveling professionals like nurses, this property affords many options. Request full financials from the listing agent this is one to seriously consider.
MLS# 25024555

Courtesy Of Greenridge Realty Shores of South Haven
300 Kalamazoo St, South Haven, MI 49090
(269) 637-8555

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 733 Lafayette Avenue NE, Grand Rapids, MI 49503

Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Affiliated

(616) 369-4040
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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