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Two-Unit Duplex with Rear Deck
For Sale
$249,900

856 Lafayette Avenue NE, Grand Rapids, MI 49503

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market9

Property Features for 856 Lafayette Avenue NE

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Basement, Bedroom 2, Bedroom 1, Bathroom 2
Parking 4
Parking features Driveway
Basement Full
Lot features Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-14-19-183-003
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 3 BLK 9* W C BRADFORD S ADDITION
Tax Annual Amount 1536
Legal Description LOT 3 BLK 9* W C BRADFORD S ADDITION

Utilities

Utilities Cable Available
Heating system Baseboard

Amenities

covered front porch
rear deck
basement storage

Building Details

Year built 1880
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Paul Bunce Real Estate
Listed By: Paul Bunce · License #6502415557
Added: Oct 21 Changed: Oct 29 Last Checked: Oct 29 at 8:06PM
MLS# 26056053

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.

Rey
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Investment Insights

Based on property information with market context.

This 1880-built duplex contains two separate residences. The upper apartment has one bedroom and one full bathroom, while the lower apartment has two bedrooms and one full bathroom. Each unit includes a kitchen and a living area; the upper unit is vacant, and the lower unit is occupied. A covered porch, rear deck, and basement storage serve the property, which has vinyl siding, baseboard heat, and driveway parking.

The property occupies a 0.14-acre lot in Grand Rapids, Michigan.

Key Highlights

  • Two residences: one with 1 bedroom and 1 full bathroom, the other with 2 bedrooms and 1 full bathroom
  • Separate kitchen and living area in each unit
  • Upper unit vacant; lower unit occupied

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Each residence has its own kitchen, living area, and full bathroom.
Where is this duplex located?
The property is located at 856 Lafayette Avenue 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 residences: one with 1 bedroom and 1 full bathroom, the other with 2 bedrooms and 1 full bathroom; Separate kitchen and living area in each unit; Upper unit vacant; lower unit occupied
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