1215 Lake Drive Se, Grand Rapids, MI 49506
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1215 Lake Drive Se,Grand Rapids, MI 49506
$499,900
- - Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: wyatt martin
Office: greenridge realty (egr)
MLS#:26045423
Source:MI_MICHRIC
Price summary
- Price:$499,900
About this home
Welcome to 1211-1215 Lake Dr! A rare opportunity for investors and owner-occupants in one of Grand Rapids' most walkable and desirable neighborhoods! This character-filled two-unit property combines immediate rental income, a vacant unit ready for occupancy and exciting future expansion potential. The vacant upper unit features two bedrooms, one full bath, beautiful hardwood floors, abundant natural light and spacious living and dining areas. It also enjoys its own private covered front porch and rear deck. Above the unit, an expansive 996-square-foot unfinished attic presents remarkable potential for additional living space, subject to necessary approvals. The occupied lower unit offers two bedrooms and one full bath, hardwood floors, generously sized living areas and a functional kitchen. It also has direct access to a private deck and fully fenced backyard, creating a valuable outdoor retreat. The lower unit is currently rented for $1,655 per month on a month-to-month basis. Additional features include off-street parking and a shared basement with laundry and storage space. Located within easy walking distance of Eastown, the Cherry Street business district, Fulton Street Farmers Market, restaurants, shops and neighborhood amenities. Live in the vacant upper unit while collecting rent below, lease both units, or explore the property's long-term potential—this is a flexible opportunity in a location tenants and homeowners love....
Contact an agent
Home facts
- Year built:1910
- Listing ID #:26045423
- Added:46 day(s) ago
- Updated:October 13, 2026 at 07:58 AM
Rooms and interior
- Total bathrooms:2
- Basement:Yes
- Basement Description:Daylight
Heating and cooling
- Heating:Hot Water, Radiant, Steam
Structure and exterior
- Year built:1910
- Lot area:0.15 Acres
- Construction Materials:Brick
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Tax amount:$5,880 (2026)
Parking
- Total parking spaces:3
New listings near 1215 Lake Drive Se
- Open Sat, 12 to 1:30pmNew
$255,000Active3 beds 1 baths1,344 sq. ft.1206 Fisk Road Se, Grand Rapids, MI 49506
MLS# 26054385Listed by: KELLER WILLIAMS GR NORTH - New
$599,000Active-- beds -- baths1230 Alpine Avenue Nw, Grand Rapids, MI 49504
MLS# 26054324Listed by: EDISON BROKERS & CO LLC - New
$875,000Active2 beds 2 baths1,497 sq. ft.144 Oakes Street Sw #1903, Grand Rapids, MI 49503
MLS# 26054328Listed by: PATRIOT REALTY - New
$895,000Active3 beds 3 baths1,710 sq. ft.144 Oakes Street Sw #2203, Grand Rapids, MI 49503
MLS# 26054332Listed by: PATRIOT REALTY - New
$825,000Active4 beds 4 baths3,958 sq. ft.12 Peartree Lane Ne #23, Grand Rapids, MI 49546
MLS# 26054334Listed by: RE/MAX OF GRAND RAPIDS (FH) - New
$265,000Active3 beds 1 baths1,182 sq. ft.525 La Grave Avenue Se, Grand Rapids, MI 49503
MLS# 26054362Listed by: KELLER WILLIAMS GR EAST - New
$300,000Active2 beds 1 baths1,156 sq. ft.4061 Leonard Street Nw, Grand Rapids, MI 49534
MLS# 26054372Listed by: KELLER WILLIAMS GR EAST - New
$1,290,000Active6 beds 5 baths5,206 sq. ft.4804 Tall Pines Drive Se, Grand Rapids, MI 49546
MLS# 26054373Listed by: RESIDE GRAND RAPIDS - New
$235,000Active3 beds 2 baths1,996 sq. ft.1457 N Saxony Drive Se #14, Grand Rapids, MI 49508
MLS# 26054314Listed by: DEVOS REALTY LLC - New
$349,000Active3 beds 2 baths1,592 sq. ft.1122 68th Street Se, Grand Rapids, MI 49508
MLS# 26054263Listed by: LIV MICHIGAN REALTY LLC