#65025025120, Kyle J Kimble, Listing office: RE/MAX of Grand Rapids (FH)
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
- Basement: Yes
- Heating: Natural Gas, Radiant
- Cooling: Window Unit(s)
- List Price: $359,000
- Annual Tax Amount: $2,359
- Tax Year: 2024
- Lot: Easement
- Directions: College NE & Michigan NE. 318 College is the first residential property on the east side of College, S of Michigan.
- Year Built: 1890
- Lot Size: 0.09 Acres
- 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
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/8/2025, 4:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 21, 2013 | Home Sold | $115,000 |
| Dec 02, 2011 | Home Sold | $42,000 |
| Apr 29, 2005 | Home Sold | $134,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $40,697. Residents of Grand Rapids, MI typically earn less than $<35k each year. 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)
Pro Boxing
Music Concerts
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Boston Market
What do the neighbors drive?
Nissan
Kia
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 318 College Ave NE
The listing price of 318 College Ave NE property is $359,000.
The property 318 College Ave NE is a multi located in Grand Rapids, Michigan, 49503.
Active Listing: 318 College Ave NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 318 College Ave NE are: Coit Creative Arts Academy (GreatSchools Rating 3/10), Congress Elementary School (GreatSchools Rating 6/10), East Leonard Elementary School (GreatSchools Rating 2/10), Grand Rapids Public Museum Middle School (GreatSchools Rating 3/10), Martin Luther King Leadership Academy (GreatSchools Rating 3/10), Gerald R Ford Academic Center (GreatSchools Rating 5/10), Grand Rapids Montessori Academy (GreatSchools Rating 4/10), Grand Rapids Montessori Middlehigh (GreatSchools Rating 7/10), Innovation Central High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $2,359 (source: MLS/based on county public records data).
The last sale was on June 21, 2013 for $115,000 (source: MLS/tax record).
The year of construction for 318 College Ave NE is 1890.
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.
Grand Rapids, MI housing market in June 2025 saw over 144 listings sold above listed price, more than 48 sold at listed price and over 68 sold below. The number of homes for sale in Grand Rapids, MI increased by 10.6% between May and June 2025. While the average time on the market in June 2025 was 16 days, the median list price was $310,836.
From Rocket Homes Real Estate and based on county public records data.