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Two-Unit Duplex with Separate Kitchens
New
For Sale
$249,900

856 Lafayette Ave NE, Grand Rapids, MI 49503

The upper residence is vacant, while the two-bedroom lower unit is occupied.

Property SizeContact for details
Days on Market7

Property Features for 856 Lafayette Ave NE

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Belknap Lookout

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Amenities

covered front porch
rear deck
basement storage

Building Details

Year Built 1880
Listing Agency: Century 21 C. Howard
Listed By: Cornerstone Real Estate
Source: Cornerstonemi
Added: Oct 23 Changed: Oct 28 Last Checked: Oct 28 at 7:42AM

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 Century 21 C. Howard

Rey
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Investment Insights

Based on property information with market context.

Built in 1880, this Grand Rapids duplex contains two separate residences, each with a kitchen, living area, and full bathroom. The upper unit has one bedroom, wood flooring, and white kitchen cabinetry; it is vacant. The lower unit offers two bedrooms, white cabinetry, and a separate living space, and is currently rented.

Outdoor and storage features include a covered front porch, a rear deck, and basement storage.

Key Highlights

  • Two‑unit duplex with one‑bedroom upper residence and two‑bedroom lower residence
  • Each unit has its own kitchen, living area, and full bath
  • Upper residence is vacant; lower residence is currently rented

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

958
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The upper residence is vacant, while the two-bedroom lower unit is occupied.
Where is this duplex located?
The property is located at 856 Lafayette Ave NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two‑unit duplex with one‑bedroom upper residence and two‑bedroom lower residence; Each unit has its own kitchen, living area, and full bath; Upper residence is vacant; lower residence is currently rented
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