201 Lafayette Ave NE, Grand Rapids, MI, 49503
About This Home
Location, Location, Location! A unique opportunity to own a Heritage Hill duplex just a literal minutes' walk to GRCC, Spectrum Health, Downtown and Martha's Vineyard. Unit 1 is a 4 bed, 2 ½ bath unit featuring many newer updates and lots of original character. There is access to a private patio & 2 stall garage. Unit 2 is a semi studio unit w/private entrance on the 3rd floor accessed from an outside staircase w/ small deck half way up. The large size studio also has updated kitchen and bath. Full size basement provides laundry, storage and potential workout/studio space. You must see this to appreciate the mix of modern convenience and old world character. Would be a great owner occupied property in the main unit with the studio to offset your mortgage. Solid rental history.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Roof: Composition,Rubber
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: 2 to 4 Units
Interior
Basement
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total interior livable area: 2,440 sqft
Property
Details
- Parcel number: 411430130014
- Zoning description: NA
Lot
- Lot size: 3,484 sqft
- Features: Sidewalk,Corner Lot
- Lot size dimensions: 48 x 69
Parking
- Total spaces: 2
- Parking features: Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Kent County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,274 | $27,288 |
| Home Insurance * | $194 | $2,328 |
| Property Taxes | $393 | $4,716 |
| Electricity | $266 | $3,193 |
| Total | $3,127 | $37,524 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Listed for sale | $474,900 |
| 2023-09-21 | Listing removed | -- |
| 2021-07-16 | Sold | $372,500 |
| 2021-06-07 | Pending sale | $400,000 |
| 2021-04-14 | Listed for sale | $400,000 |
| 2017-11-22 | Sold | $275,000 |
| 2017-10-22 | Pending sale | $299,900 |
| 2017-08-30 | Listed for sale | $299,900 |
| 2017-07-05 | Listing removed | $2,000 |
| 2017-06-04 | Listed for rent | $2,000 |
View on Zillow