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Image 1 - 318 College Ave NE, Grand Rapids, Michigan, 49503 - House for sale
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College Ave Ne, Grand Rapids, Home For Sale
318 College Ave NE, Grand Rapids, Michigan, 49503

College Ave Ne, Grand Rapids, Home For Sale

house for sale
Listed: 06/25/24

318 College Ave NE, Grand Rapids, Michigan, 49503

Studio Bed:
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Price
$ 349,500

About This House

Historic charm + rental income + incredible Grand Rapids location. This two unit sits just south of Michigan Street on College, with extraordinary proximity 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.

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Heritage Hill Historic District Housing & Living

Household Income

Median household income: $44,369
Number of households: 73,434
The average household income in Grand Rapids, MI grew from $42,019 to $44,369 in the past year. This data is an estimate based upon 73,434 households in Grand Rapids, MI.
The chart below presents how household income is distributed in Grand Rapids, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Grand Rapids, MI compared to median property taxes around the country. The prevalent amount of property taxes in Grand Rapids, MI equals $800-$1,500 , which is less than the national average.