$499,900
2 Bath
0.15 Acre Lot

1215 Lake Drive Se, Grand Rapids, Michigan 49506

  • Multi Family Property Type
  • Driveway Cars Garage
  • 1910 Year Built
Property Description

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.

Basic Details
Multi Family
For Sale
26045423
$499,900
2
1910
0.15 Acre
Pending
2 to 4 Units
: Composition
Features
: Radiant, Hot Water, Steam
: Window Unit(s), Ductless
: Daylight, Full
: Driveway, Asphalt
: Washer Hookup, In Basement, Common Area, Sink
: Public Sewer
: Natural Gas Available, Natural Gas Connected, Phone Available, Electricity Available, Electricity Connected
Address Map
MI
Kent
Grand Rapids
49506
Lake
1215
Drive
W86° 21' 39.7''
N42° 57' 30.6''
East on Lake Dr from Fuller, North on Auburn. Property on NW corner of Auburn/Lake
SE
Neighborhood
Grand Rapids
Additional information
Greenridge Realty (EGR)
Wyatt Martin
Additional Information
: Brick
: Corner Lot, Sidewalk
75*75.66*75*95
2
2026-08-27
Financial
5880.0
Listing Information
gmart6461
g037719
VA Loan, Cash, Conventional
Pending
2026-09-20T02:58:58Z
MICHRIC
2026-09-20T02:58:33Z
Agent info
6231 W River Dr NE STE K, Belmont, MI 49306
Contact Agent