Grand Rapids, MI 49503 733 Lafayette Avenue NE
$285,000



22 more























Presented By: Emily Anderson at Greenridge Realty South Haven - (269) 637-8555
Home Details
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 agentthis is one to seriously consider.
Presented By: Emily Anderson at Greenridge Realty South Haven - (269) 637-8555
Interior Features for 733 Lafayette Avenue NE
Bathrooms
Total Baths
Other Interior Features
BasementMichigan Basement, Walk-Out Access
Basement (Y/N)Yes
Heating Y/NYes
Laundry FeaturesIn Basement
Total Fireplaces1
General for 733 Lafayette Avenue NE
Additional Parcels Y/NNo
CityGrand Rapids
Construction MaterialsVinyl Siding
CountyKent
DirectionsI-196, exit on College Ave, then north. Take Hastings (just north of the freeway) West to Lafayette, then turn Right (North). Property is on the left with on-street parking.
Gross Income32560.0
HeatingForced Air
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 44* MOHRHARD S SECOND SUBDIVISION* OF PART OF LOTS 59 & 60 COIT & CURTIS PARTITION PLAT
Listing TermsCash, Conventional, Tax Def Exchange
Lot Size Square Feet6055.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-24T22:47:00Z
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
OwnerPaysTrash Collection, Water
OwnershipPrivate Owned
PossessionSubject To Tenant Rights
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameMohrhard S Second Sub
Tax Annual Amount6228.0
Tax Assessed Value123823
Tax Year2025
Tenant PaysElectric, Gas
TownshipCity of Grand Rapids
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Year Built1900
Exterior for 733 Lafayette Avenue NE
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x121
Lot Size Acres0.14
Lot Size Area0.14
Number of Buildings1
Road Surface TypePaved
SpaNo
Total Parking1.0
Waterfront Y/NNo
Additional Details
Price History

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