Back 1405 Lafayette Ave SE
Off Market

1405 Lafayette Ave SE

Grand Rapids MI 49507

2
4661 sq. ft.
Multi-Family
Last sold for $305,000
Frederick SmithFrederick Smith, last sold this property on 12 September 2025 after 22 days on market.

Overview

Updated and highly desirable 2 unit rental in SE Grand Rapids! Identical side-by-side 3 bed 1.5 bath units. Highlights include beautiful brick and cement front porch, separated back decks, and updated bathrooms. Both units have original woodwork and hardwood floors. Great for entertaining. Also, each unit has its own full basement with laundry and lots of storage. New windows in 2025 and new siding in October of 2024. North unit is occupied - start cash flowing immediately. South unit is move in ready. Strong rental history. Ideal location with easy access to US 131 and near Garfield Park. Don't miss out on this great investment opportunity. Schedule your showing today! Seller has directed listing broker to hold all offers until 12:00 noon Monday 8/25/25.

Features

2 carspaces
4661 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 1405 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 1405 Lafayette Ave SE

2025
Sold
$305,000
12 Sep 2025 by Frederick Smith, of Cornerstone Home Group
2017
Sold
$136,000
30 Aug 2017 by Matthew Riggs, of Keller Williams GR East
2016
Sold
$30,000
29 Jul 2016 by Ena (Nikki) Steed, of Greenridge Realty (Cascade)

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 1405 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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