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Duplex with Private Patio and Garage
For Sale
$449,900

201 Lafayette Avenue NE, Grand Rapids, MI 49503

MULTI_FAMILY - Grand Rapids, MI

Property SizeContact for details
Lot Size0.08 Acres
Days on Market129

Property Features for 201 Lafayette Avenue NE

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Basement, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3
Parking 2
Basement Full
Lot features Sidewalk, Corner Lot
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Directions On NW corner of Lafayette and Lyon. Lafayette between Michigan and Lyon.
Standard status Active
APN 41-14-30-130-014
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S 48 FT OF LOT 10 BLK 11* KENDALL S ADDITION
Tax Annual Amount 8012
Legal Description S 48 FT OF LOT 10 BLK 11* KENDALL S ADDITION

Utilities

Heating system Forced Air

Building Details

Year built 1910
Number of units 2
Building materials Wood Siding
Roof type Rubber, Composition
Listing Agency: Five Star Real Estate (E. Division)
Listed By: Linda M Tanis
Added: Apr 17 Changed: Aug 11 Last Checked: Aug 23 at 9:06AM
MLS# 26016231

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This duplex offers a two-part living arrangement with distinct unit configurations. Unit 1 is a 4-bedroom, 2.5-bath layout with newer updates alongside original character. It includes access to a private patio and a 2-stall garage. Unit 2 is described as a semi studio with a private entrance, located on the 3rd floor and accessed from an outside staircase with a small deck midway up. The studio includes an updated kitchen and bath. A full-size basement provides laundry and storage, with space that could be adapted for a workout or studio use.

The property is located at 201 Lafayette Avenue NE in Grand Rapids, described as a literal minutes’ walk to GRCC, Spectrum Health, Downtown, and Martha’s Vineyard. Access is supported by the private outdoor area for Unit 1 and exterior entry access for Unit 2.

For buyers looking for an owner-occupied setup, Unit 1’s larger format can support full-time living while Unit 2 provides an independent, semi-studio option. For investors, the separate entrances and basement amenities (laundry and storage) can simplify day-to-day usability across units. The listing also notes the property is described as having a solid rental history.

Key Highlights

  • Heritage Hill duplex built in 1910 with wood siding
  • Unit 1 offers 4 bedrooms and 2.5 bathrooms, with newer updates plus original character
  • Unit 1 includes access to a private patio and a 2‑stall garage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Barber Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,529
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex with updated living space, a private patio, and a 2-stall garage for flexible occupancy.
Where is this duplex located?
The property is located at 201 Lafayette Avenue NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Heritage Hill duplex built in 1910 with wood siding; Unit 1 offers 4 bedrooms and 2.5 bathrooms, with newer updates plus original character; Unit 1 includes access to a private patio and a 2‑stall garage
More about this property
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