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    1212 Lake Dr SE Grand Rapids, MI 49506

    Pending
    For Sale
    $425,000

    MULTI_FAMILY - Grand Rapids, MI

    Lot size:
    0.16 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1212 Lake Dr SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Basement, Bedroom 1
    Bedrooms
    3
    APN
    41-14-29-453-004
    Parking
    2
    Basement
    Crawl Space
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1880
    Number of units
    2
    Building materials
    Vinyl Siding

    Grand Rapids North Market Center, LLC (616) 447-9100 [email protected]

    Listing agent Peter J Albertini (616) 447-9100

    Listing date Nov 20, 2025

    MLS# 25058462 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Grand Rapids Multi-Unit Home

    This beautifully updated traditional home in Grand Rapids features nearly $100,000 in thoughtful, custom upgrades, combining classic charm with modern convenience. The main level includes warm hardwood floors, updated lighting, and a bright, functional layout. The kitchen has been tastefully refreshed with new cabinetry, solid-surface counters, and quality appliances. Spacious living and dining areas offer great flow, and the main-floor bedroom includes generous closets. The bathroom has been completely updated with a new vanity, basins, fixtures, lighting, glass shower doors, and custom mirrors. Upstairs offers exceptional flexibility with a large living room, two additional bedrooms, ample closet space, and an updated kitchen and bath, making it ideal as a fully functional second unit. The property is located on a lot of 0.16 acres. Outside, there is a fenced backyard with a large deck, plus a two-stall garage. Located in the vibrant Lake Dr/Wealthy Street corridor, it is just steps from local shops, restaurants, parks, the bus line, and everyday conveniences. With its thoughtfully designed multi-unit configuration, this property offers independent, beautifully updated living spaces ideal for high rental demand or flexible income opportunities. The extensive upgrades and turn-key condition make it suitable for rental or income opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.638979
    Latitude
    42.958019

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    FAQs

    What type of property is this?
    Duplex - Updated multi-unit home near shops, restaurants, and parks.
    Where is this duplex located?
    The property is located at 1212 Lake Dr SE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Nearly $100,000 in recent, thoughtful, custom upgrades throughout the home.; - Multi-unit configuration ideal for rental income or flexible living arrangements.; - Prime location in the vibrant Lake Dr/Wealthy Street corridor, close to shops, restaurants, parks, and transportation.
    (616) 447-9100
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    1212 Lake Dr SE Grand Rapids, MI 49506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1212 Lake Dr SE Grand Rapids, MI 49506
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