$359,000

318 College Ave NE Grand Rapids, MI 49503

$4,263
Closing credit¹
0.09 acres
Multi-Family

Property details

About 318 College Ave NE

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, retail, restaurants and bars, grocery stores, public transportation, and the highway. 1 unit is occupied. The vacant unit is easy to show. 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.

Highlights

Home typeMulti Family
HeatingNatural Gas, Radiant
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.09 Acres
Year built1890
MLS #65025011624

Summary

  • MLS Number: 65025011624
  • MLS Name: Greater Regional Alliance of REALTORS
  • Office Name: Edison Brokers & Co LLC
  • Office Phone: (616) 439-1190
  • Listing Agent: Michael VanderWoude

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

traditional home featuring a front lawn and a porch

$359,000

318 College Ave NE

$4,263

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$109,200$2,359
2023$95,600$2,359
2022$82,900$2,359
2021$81,700$2,334
2020$75,000$2,334
2019$67,500$2,207
2018$61,300$2,218
2017$60,400$2,113

History based on county public records data.

Nearby schools

3

Coit Creative Arts Academy

Public District PK-5

0.5 mi

617 Coit Ave NE

6

Congress Elementary School

Public District PK-5

0.8 mi

940 Baldwin St SE

2

East Leonard Elementary School

Public District PK-5

1.0 mi

410 Barnett St NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,697. Typical income of Grand Rapids, MI residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

44%
<35k
44%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

74%
Single, No Kids
8%
Single, with Kids
13%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
4%
12-17 yrs old
52%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 318 College Ave NE in Grand Rapids, MI and zip code 49503 in the Midtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $359,000.

In March 2025 more than 117 listings in Grand Rapids, MI were sold above the asking price. During the same period more than 37 listings were sold at asking price, while more than 86 were sold below. The inventory of homes for sale in Grand Rapids, MI between February and March 2025 increased by 10.6%. While the average time on the market in March 2025 was 29 days, the median list price was $310,000.

From Rocket Homes Real Estate and based on county public records data.

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