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    556 Lafayette Ave SE Grand Rapids, MI 49503

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    For Sale
    $450,000

    Multifamily property in Heritage Hill, close to downtown.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    10
    Last Refresh:
    Apr 24 at 4:30 pm

    Property Features for 556 Lafayette Ave SE

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1890

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    Listing Contact
    Matthew Luce

    Listing agent Matthew Luce

    Listing office Real5 LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 Real5 LLC


    Overview

    Heritage Hill Multifamily Income Property

    This property offers flexibility as a residence with rental income potential or conversion to a single-family home. The main level features natural light and original charm, a living room, a formal dining area, an updated kitchen, a bathroom, and bedrooms. The upstairs unit includes three bedrooms, a kitchen, a dining area, and a living room, currently rented for $1,750 per month to long-term tenants. Each unit has its own laundry. Off-street parking with multiple spaces is available. The property is located in Heritage Hill, close to downtown and parks. The fenced front yard and wraparound porch enhance the property. The bike score is 60, making it bikeable, the walk score is 82, making it very walkable, and the transit score is 43, indicating some transit options.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.6614197
    Latitude
    42.9523306

    FAQs

    What type of property is this?
    Duplex - Multifamily property in Heritage Hill, close to downtown.
    Where is this duplex located?
    The property is located at 556 Lafayette Ave SE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Income‑generating potential with a separate, currently rented 3‑bedroom unit ($1,750/month).; Flexible usage: live in one unit and rent the other, operate as a full income property, or convert to a single‑family home.; Prime Heritage Hill location, close to downtown, parks, and local amenities (Walk Score: 82).
    More about this property
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