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Off market
  • $320,800

    318 College Ave NE, Grand Rapids, MI 49503

    4beds
    2baths
    1,516sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $320,800 Zestimate®
    $212/sqft
    $1,592 Estimated rent

    Home value

    $320,800

    $295,000 - $346,000

    $1,592/mo

    Zestimate® history
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    $2,020/mo

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    $2,020/mo

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    What's special

    Historic charm + rental income + incredible Grand Rapids location. This two unit sits just south of Michigan Street on College, with extraordinary proximity to colleges, Spectrum's Butterworth campus and associated offices, retail, restaurants and bars, grocery stores, public transportation, and the highway. The lower unit is currently occupied, and can be seen when the property is under contract. The upper unit is currently vacant and can be shown on short notice. Parking for up to 4 cars in back, accessed via easement from the driveway of the neighboring property. This 2-unit is a good opportunity for an owner occupant or for buy-and-hold rental income. Locations like this don't become available every day. Roof new in 2019

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Radiant, Electric, Gas
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 1,516 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Wood
    • Frontage length: 35.00
    Lot
    • Size: 3,049 Square Feet
    Details
    • Parcel number: 411430202002
    • Zoning: TN - LDR

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Electricity Connected, Electricity Available, Water Available, Sewer Available, Telephone Line

    Community & HOA

    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $212/sqft
    • Tax assessed value: $232,400
    • Annual tax amount: $2,670
    • Total actual rent: 1940
    • Tenant pays: Electricity, Gas, Sewer, Trash Collection

    Price history

    DateEventPrice
    5/31/2025Listing removed$359,000$237/sqft
    Source: MichRIC #25011624 Report a problem
    4/1/2025Listed for sale$359,000+2.7%$237/sqft
    Source: MichRIC #25011624 Report a problem
    8/1/2024Listing removed--
    Source: MichRIC #24032047 Report a problem
    6/28/2024Listed for sale$349,500+23.1%$231/sqft
    Source: MichRIC #24032047 Report a problem
    11/13/2020Listing removed$284,000$187/sqft
    Source: Edison Brokers & Co LLC #20035520 Report a problem
    10/9/2020Price change$284,000+7.2%$187/sqft
    Source: Edison Brokers & Co LLC #20035520 Report a problem
    8/27/2020Listed for sale$265,000+130.4%$175/sqft
    Source: Edison Brokers & Co LLC #20035520 Report a problem
    6/21/2013Sold$115,000+173.8%$76/sqft
    Source: Public Record Report a problem
    12/2/2011Sold$42,000+0.2%$28/sqft
    Source: Public Record Report a problem
    10/5/2011Listed for sale$41,900-70.6%$28/sqft
    Source: foreclosure.com Report a problem
    12/16/2010Sold$142,739+10.2%$94/sqft
    Source: Public Record Report a problem
    4/29/2010Sold$129,483-3.4%$85/sqft
    Source: Public Record Report a problem
    4/29/2005Sold$134,000$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,670 $116,200 +6.4%
    2024-- $109,200 +33.7%
    2021$2,335 $81,700 +8.9%
    2020$2,335 +3.2%$75,000 +11.1%
    2019$2,263 $67,500 +10.1%
    2018-- $61,300 +9.7%
    2017$2,219 $55,900 +19.2%
    2016$2,219 $46,900
    2015$2,219 +5%$46,900 +14.4%
    2013$2,114 $41,000 -15.1%
    2011-- $48,300 -4.2%
    2010-- $50,400 -2.9%
    2009-- $51,900 -13.5%
    2007-- $60,000
    2006-- $60,000
    2005-- $60,000 +75.5%
    2004-- $34,190 +6.2%
    2002-- $32,189 +3.2%
    2001-- $31,191
    Find assessor info on the county website

    Neighborhood: Heritage Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Grand Rapids

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $320,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $320,800