Duplex with Unfinished
New
For Sale
$499,900
1215 Lake Dr SE, Grand Rapids, MI 49506
Two residential units include private outdoor areas and shared basement laundry and storage.
Property SizeContact for details
Days on Market5
Property Features for 1215 Lake Dr SE
General Information
Standard status
Active
Property subtype
Investment
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,880
Amenities
off-street parking
shared basement
laundry
storage
private covered front porch
rear deck
private deck
fully fenced backyard
Building Details
Year Built
1910
Buildings
1
Units
2
Listing Agency:
Greenridge Realty Inc.
(616) 889-4279
Listed By:
Wyatt Martin
(616) 889-4279
Source:
Elliman
Added: Aug 28
Changed: Aug 31
Last Checked: Aug 31 at 3:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greenridge Realty Inc.
Investment Insights
Based on property information with market context.
This 1910 duplex includes two two-bedroom, one-bath units with hardwood floors and well-sized living and dining areas. The upper residence is vacant and has a covered front porch, rear deck, and abundant natural light. Its 996-square-foot unfinished attic may support additional living area, subject to required approvals. The lower residence includes a functional kitchen, private deck, and access to a fully fenced backyard. A shared basement provides laundry and storage, while off-street parking adds convenience.
The property is located at 1215 Lake Dr SE in Grand Rapids, within walking distance of Eastown, the Cherry Street business district, Fulton Street Farmers Market, restaurants, shops, and neighborhood amenities. The lower unit has a month-to-month tenancy. Walk Score is 49, Bike Score is 50, and Transit Score is 26.
The property is located at 1215 Lake Dr SE in Grand Rapids, within walking distance of Eastown, the Cherry Street business district, Fulton Street Farmers Market, restaurants, shops, and neighborhood amenities. The lower unit has a month-to-month tenancy. Walk Score is 49, Bike Score is 50, and Transit Score is 26.
Key Highlights
- Duplex built in 1910 with two 2‑bedroom, 1‑bath units
- Vacant upper unit with 996‑square‑foot unfinished attic
- Lower unit occupied under a month‑to‑month tenancy
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,101
Businesses Nearby
Explore this area
Business Placement
Demographics for 49506, MI
33,050
Population
13,262
Households
2.5
Avg Household Size
34
Median Age
67%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$112,287
Median Household Income
$48,631
Median Earnings
$1,305
Median Rent
$338,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include private outdoor areas and shared basement laundry and storage.
Where is this duplex located?
The property is located at 1215 Lake Dr SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Duplex built in 1910 with two 2‑bedroom, 1‑bath units; Vacant upper unit with 996‑square‑foot unfinished attic; Lower unit occupied under a month‑to‑month tenancy
