Back 1046 Lafayette Ave SE
Off Market

1046 Lafayette Ave SE

Grand Rapids MI 49507

4487 sq. ft.
Multi-Family
Last sold for $357,000
Roger AckermanRoger Ackerman, last sold this property on 30 June 2026 after 45 days on market.

Overview

Turnkey four-unit investment opportunity in the SE side of Grand Rapids. All four 2-bedroom 1-bath units feature many recent updates including remodeled kitchens and baths, updated flooring, and plumbing improvements. Separate gas and electric meters help streamline management expenses. The new upper-level deck adds additional outdoor space attractive to renters. 2 of the 4 furnaces have been replaced in the last 3 years. Excellent location near downtown Grand Rapids, medical campuses, dining, entertainment, and major highway access.

Features

4487 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Grand Rapids over the last 12 months, the estimated median property value of 1046 Lafayette Ave SE is $244k.

Median value
$244k
Estimated value range
$102.5k - $385k
Median days on market
16
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Grand Rapids. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1046 Lafayette Ave SE

2026
Sold
$357,000
30 Jun 2026 by Roger Ackerman, of Keller Williams GR North
2018
Sold
$118,000
23 Feb 2018 by Linda Tanis, of Berkshire Hathaway HomeServices Michigan Real Estate

Happy sellers in Grand Rapids

90%
90% of sellers in Grand Rapids reported that their sale price either exceeded or met their price expectations.

Grand Rapids stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Grand Rapids over the last 12 months.

Local market activity for multi families in Grand Rapids

In the last 12 months, 34 multi families similar to 1046 Lafayette Ave SE, have been sold.

This represents a 13% increase in multi families sales when compared to the previous 12 months.

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