$475,000

235 Lyon St NE Grand Rapids, MI 49503

$5,641
Closing credit¹
0.08 acres
Multi-Family

Property details

About 235 Lyon St NE

Open House Sun 4/6 12-2 PM! Located in the highly sought-after Heritage Hill Historic District, this beautifully maintanined two-unit property presents an exceptional investment opportunity or perfect for owner occupancy. With a strong rental history and steady income potential, it's ideally situated in a high demand rental market. Each unit features seperate utilites and in-unit laundry. The first-floor unit offers two bedrooms, one bathroom, and a full, dry basement. The second unit, spanning the second and third floors, boasts three bedrooms, 1.5 bathrooms, and an open-concept living and dining area. Additionally, there are four dedicated parking spaces. This prime location is walking distance to GRCC, Corewell Health, top restaurants and downtown Grand Rapids!

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
CoolingWall Unit(s)
BasementYes
Lot size0.08 Acres
Year built1910
ParkingConcrete, Driveway
MLS #25012663

Summary

  • MLS Number: 25012663
  • Office Name: Keller Williams GR East
  • Office Phone: (616) 575-1800
  • Office Email: kwfrontdesk@kw.com
  • Listing Agent: Debra Bizon

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$475,000

235 Lyon St NE

$5,641

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$196,400$3,762
2023$173,800$3,762
2022$147,900$3,762
2021$146,200$3,723
2020$134,400$140
2019$119,700$3,520
2018$103,200$3,538
2017$103,100$3,371

History based on county public records data.

Nearby schools

3

Coit Creative Arts Academy

Public District PK-5

0.5 mi

617 Coit Ave NE

8

Grand Rapids Child Discovery Center

Public Charter KG-5

0.8 mi

409 Lafayette Ave SE

6

Congress Elementary School

Public District PK-5

1.0 mi

940 Baldwin St SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,874. Most Grand Rapids, MI residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

69%
<35k
28%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

87%
Single, No Kids
3%
Single, with Kids
8%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
70%
18-34 yrs old
21%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 235 Lyon St NE in Grand Rapids, MI and zip code 49503 in the Belknap Lookout neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $475,000.

In March 2025 more than 117 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 37 listings were sold at asking price, while more than 86 were sold below. In March 2025 in Grand Rapids, MI there were 10.6% more homes for sale than in February. Listings spent 29 days on the market in March 2025, and had a median list price of $310,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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