Back 1220 Lafayette Ave SE
Off Market

1220 Lafayette Ave SE

Grand Rapids MI 49507

2
4748 sq. ft.
Multi-Family
Last sold for $239,500
Tyler JohnsonTyler Johnson, last sold this property on 24 November 2025 after 35 days on market.

Overview

Charming duplex in a convenient location near US-131, perfect for house hackers or investors! Property features two spacious 3 bed, 1 bath units with vinyl siding, replacement windows, and a brand new roof. The lower unit is occupied by a long-term, easygoing tenant on month-to-month at $1,960/month with an increase in progress. The upper unit offers great potential with a new furnace and water heater—move-in ready or ideal for maximizing market rent. Shared laundry available in the basement. Enjoy a fully fenced backyard, perfect for pets or outdoor living. Off-street parking and strong rental demand area. Solid cash-flow opportunity with room for value-add improvements. Rental certificate through 5/11/2028. Don't miss this versatile income property!

Features

2 carspaces
4748 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 1220 Lafayette Ave SE is $239.5k.

Median value
$239.5k
Estimated value range
$102.5k - $385k
Median days on market
17
Estimated value trend
3%
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 1220 Lafayette Ave SE

2025
Sold
$239,500
24 Nov 2025 by Tyler Johnson, of Clear Realty Group
2016
Sold
$60,000
01 Jul 2016 by Allison Koetsier, of Compass Realty Services

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, 33 multi families similar to 1220 Lafayette Ave SE, have been sold.

This represents a 16% increase in multi families sales when compared to the previous 12 months.

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