$3,503 Closing Credit¹
#72024056626, Laura E Ensley, Listing office: Ensley Real Estate
$299,000 List price
733 Lafayette Ave NE Grand Rapids, MI 49503
$3,551
Closing credit¹
0.1 acres
Multi-Family
Property details
About 733 Lafayette Ave NE
Turnkey duplex with reliable rental income in the heart of the desirable Belknap Lookout neighborhood. Situated on a bus route and just minutes from Medical Mile, downtown, restaurants, and parks, this property offers outstanding access to employers and everyday conveniences. Each unit has its own private entrance and separate utilities--featuring a 3 bed/1 bath upper unit and a 2 bed/1 bath lower unit. Both are currently rented, providing immediate cash flow, with tenants covering electric & gas. Already tenant-occupied and professionally managed, this is a seamless investment opportunity with low-maintenance appeal. Perfect for expanding your portfolio or house-hacking. Financials and tenant estoppels available for serious inquiries.Whether you're expanding your portfolio or looking to offset your mortgage with rental income, this property checks all the boxes.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.14 Acres
Year built1900
MLS #69025024555
Summary
- Basement: Yes
- Heating: Forced Air, Natural Gas
- List Price: $299,000
- Annual Tax Amount: $1,574
- Tax Year: 2024
- Directions: I-196, exit on College Ave, then north. Take Hastings (just north of the freeway) West to Lafayette, then turn Right (North). Property is on the left with on-street parking.
- Year Built: 1900
- Lot Size: 0.14 Acres
- MLS Number: 69025024555
- MLS Name: Southwestern Michigan Association of REALTORS
- Office Name: Greenridge Realty South Haven
- Office Phone: (269) 637-8555
- Listing Agent: Emily Anderson
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/7/2025, 12:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$299,000
733 Lafayette Ave NE
$3,551
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 20, 2023 | Home Sold | $273,875 |
| Jan 19, 2022 | Home Sold | $219,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $120,100 | $1,574 |
| 2023 | $111,200 | $1,574 |
| 2022 | $100,800 | $1,574 |
| 2021 | $90,400 | $1,558 |
| 2020 | $80,700 | $1,558 |
| 2019 | $72,600 | $1,473 |
| 2018 | $62,500 | $1,481 |
| 2017 | $55,600 | $1,447 |
History based on county public records data.
Nearby schools
3
Coit Creative Arts Academy
Public District PK-5
0.2 mi
•617 Coit Ave NE
2
East Leonard Elementary School
Public District PK-5
0.5 mi
•410 Barnett St NE
3
Kent Hills Elementary School
Public District PK-5
1.1 mi
•1445 Emerald Ave NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,809. The most common annual income of people living in Grand Rapids, MI is less than $<35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
67%
<35k
26%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
37%
18-34 yrs old
29%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$3,799 Closing Credit¹
#65025024469, Justin A Wisniewski, Caitlyn K Wisniewski, Listing office: 616 Realty LLC
$4,263 Closing Credit¹
#65025011624, Michael VanderWoude, Listing office: Edison Brokers & Co LLC
$2,849 Closing Credit¹
#65025008990, Evan M Case, Listing office: American Real Estate Services
$4,275 Closing Credit¹
#65025021916, Anthony Hernandez, John E Cremer, Listing office: Five Star Real Estate (Grandv)
$4,453 Closing Credit¹
#72024056608, Laura E Ensley, Listing office: Ensley Real Estate
$4,571 Closing Credit¹
#65025025120, Kyle J Kimble, Listing office: RE/MAX of Grand Rapids (FH)
$4,572 Closing Credit¹
#66025017219, Vincent Villegas, Listing office: Villegas Group
$5,581 Closing Credit¹
#65025023277, Connor Anderson, Listing office: MOXIE Real Estate + Development
$10,000 Closing Credit¹
#65025017431, Jodi L Smith, Ryan Ogle, Listing office: EXP Realty (Grand Rapids)
Frequently asked questions
About 733 Lafayette Ave NE
The listing price of 733 Lafayette Ave NE property is $299,000.
The property 733 Lafayette Ave NE is a multi located in Grand Rapids, Michigan, 49503.
Active Listing: 733 Lafayette Ave NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 733 Lafayette Ave NE are: Coit Creative Arts Academy (GreatSchools Rating 3/10), East Leonard Elementary School (GreatSchools Rating 2/10), Kent Hills Elementary School (GreatSchools Rating 3/10), Grand Rapids Public Museum Middle School (GreatSchools Rating 3/10), Center for Economicology (GreatSchools Rating 8/10), Harrison Park Academy (GreatSchools Rating 2/10), Bethany Based School (GreatSchools Rating 2/10), Grand Rapids Montessori Academy (GreatSchools Rating 4/10), Grand Rapids Montessori Middlehigh (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,574 (source: MLS/based on county public records data).
The last sale was on October 20, 2023 for $273,875 (source: MLS/tax record).
The year of construction for 733 Lafayette Ave NE is 1900.
This home is located at 733 Lafayette Ave 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 May 28, 2025 and is currently priced at $299,000.
Grand Rapids, MI housing market in May 2025 saw over 156 listings sold above listed price, more than 64 sold at listed price and over 84 sold below. In May 2025 in Grand Rapids, MI there were 14.3% more homes for sale than in April. In May 2025, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $311,100.
From Rocket Homes Real Estate and based on county public records data.