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$239,500
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Property Description
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!
Full Property Details
Full Property Details for 1220 Lafayette Ave SE
General
- Sold For: $239,500
- Taxes: $2,328
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25053861
- Added to Site: 90 day(s) ago
Parking
- Total Spaces: 2
Location
- Area: Grand Rapids - G
- County: Kent
- Cross Streets: Hall & Lafayette
- Driving Directions: E on Hall S on Lafayette
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Utility Description: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,748
- Zoning: Res
Financial Considerations
- Tax Amount: $2,328
- Terms: VA Loan, MSHDA, FHA, Cash, Conventional
- Landlord Pays: Trash Collection, Electricity, Water, Sewer, Gas
- Tenant Pays: None
Disclosures and Reports
- Legal Description: LOT 89* HOUSEMAN S FAIR GROUND ADDITION
- Property ID: 41-18-06-128-005
Listed by Clear Realty Group, Tyler Johnson
Sold by Five Star Real Estate (Grandv), Roberto Rodriguez-Leon
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Schools
Schools serving 1220 Lafayette Ave SE
School District:Grand Rapids Public Schools
| Name | Grades | Distance |
|---|---|---|
Campus Elementary School 710 Benjamin Avenue Southeast, Grand Rapids, MI 49506 | PK-5 | 1.4 mi |
Alger Middle School 921 Alger Street Southeast, Grand Rapids, MI 49507 | 6-8 | 1.6 mi |
Ottawa Hills High School 2055 Rosewood Avenue Southeast, Grand Rapids, MI 49506 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 Lafayette Ave SE
Date
Details
Price
Change
Source
11/24/2025
Sold
$239,500
-0.17%
MLS
10/19/2025
Listed
$239,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1220 Lafayette Avenue SE, Grand Rapids, MI 49507 (MLS# 25053861) is a Single Family property that was sold at $239,500 on November 24, 2025. Want to learn more about 1220 Lafayette Avenue SE? Do you have questions about finding other Single Family real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

