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$349,500   Price Analysis
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318 College Ave NE
Grand Rapids, MI 49503
Unknown bed 0 bath unknown SqFt ($0/SqFt)
3,790SqFt lot. Built 1890
Listed 2024-06-22, Taxes $2,421
Ⓧ USDA Ineligible
due to location

near Grand Rapids

Historic charm + rental income + incredible Grand Rapids location.

This two unit sits south of Michigan Stret on College, with extraordinary proximit y to colleges, Corewell's Butterworth campus and associated offices, retail, restaurants and bars, grocery stores, public transportation and the highway.

Both units are occupied and showing times will be limited. Parking for up to 4 cars in back, accessed via easement from the driveway of the neighboring property. Locations like this don't become available every day. Roof new in 2019. Full 2023 rehab of the lower unit and the exterior of the property was completely repainted in 2020.


Presented by Mike VanderWoude at
Edison Brokers & Co LLC.
Listing Agent Photo

Property MLS #24032047 from MichRic

Total Bathrooms: 0

Basement Features: Full

Cooling Features: Window Unit(s)
Heating Features: Radiant

Lot Size Acres: 0.0870064
Lot Size Square Feet: 3790

Parking Total: 3

Association: No
Calculated Total Monthly Association Fees: 0

School District: Grand Rapids

Grand Rapids Montessori Public School is a public elementary, middle and high school located approximately 0.2 miles away.
directions icon Map directions

Immanuel-St. James Lutheran School is a private elementary and middle school located approximately 0.6 miles away.
directions icon Map directions

Annual Tax Amount: 2552.510000000
Source Listing Status: Active
County: Kent
Directions: From College and Michigan, property is the first residential structure on College south and east of this intersection and highway exit.
Tax Year: 2023
Source Property Type: Multi-Family
Area: Grand Rapids - G
MLS Area Minor: Grand Rapids - G
Source Neighborhood: Grand Rapids - G
Owner Pays: Water
Parcel Number: 41-14-30-202-002
Property Subtype: 2 to 4 Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$82,900
$2,421
2021$unknown + $unknown
$81,700
$2,359
2020$unknown + $unknown
$75,000
$2,369
2019$unknown + $unknown
$67,500
$2,334
2018$unknown + $unknown
$61,300
$2,263
2017$unknown + $unknown
$60,400
$2,207
2016$unknown + $unknown
$55,900
$2,144
2015$unknown + $unknown
$46,900
$2,113
2014$unknown + $unknown
$40,700
$2,068
2013$unknown + $unknown
$41,000
$2,033
2012$unknown + $unknown
$41,000
$2,042
2011$unknown + $unknown
$48,300
$2,336
2009$unknown + $unknown
$51,900
$2,504
2008$unknown + $unknown
$60,000
$2,904
2007$unknown + $unknown
$60,000
$2,826

Listed 2024-06-22
$349,500
MichRic
Listing removed 2020-11-14
$0
MichRic
Price Changed 2020-10-09
$284,000
MichRic
Listed 2020-08-27
$265,000
MichRic
Listing removed 2016-05-04
$950
ShowMojo
Price Changed for rent 2016-04-20
$950
ShowMojo
Listed for rent 2016-04-13
$1,000
ShowMojo
Listing removed 2016-04-07
$1,000
ShowMojo
Listed for rent 2016-03-31
$1,000
ShowMojo
Sold 2013-06-21
$115,000
Public Record
Sold 2011-12-02
$42,000
Public Record
Listing removed 2011-10-17
$41,900
MichRic
Listed 2011-10-03
$41,900
MichRic
Sold 2005-04-29
$134,000
Public Record

Year Built: 1890
Construction Materials: Wood Siding
Property Age: 134
Roof: Composition
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.