#65025022508, Ryan Ogle, Listing office: EXP Realty (Grand Rapids)
Property details
About 3201 Marshall Ave SE
Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and investment potential. This solid multi-unit building features major mechanical upgrades completed in 2024, including a brand new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill is only $150/month). 9Water 200 per month)One of the units, 3201, has been fully remodeled with a brand new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. It rents for $1,250/month and includes all utilities. The property also offers excellent amenities such as a 5-stall garage, additional storage shed, coin-operated laundrygenerating approximately $50/month, and a private backyard space. Tenants enjoy comfortable layouts, inviting vinyl flooring, a charming front porch, and basement storage rooms. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property provides flexibility, stability, and strong income. high-performing property in a desirable location. All major systems have been recently upgraded, offering peace of mind and reduced operating costs. This is truly a turn-key investment that shows pride of ownership and consistent cash flow. Don't miss your chance to own a clean, updated building with great tenants, strong rental income, and excellent long-term potential
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
CoolingWall Unit(s)
BasementYes
Lot size0.34 Acres
Year built1966
ParkingPaved
MLS #65025037907
Summary
- Basement: Yes
- Parking: Paved
- Heating: Hot Water, Natural Gas
- Cooling: Wall Unit(s)
- List Price: $620,000
- Annual Tax Amount: $4,916
- Tax Year: 2024
- Directions: Eastern to 33rd, E on 33rd to Marshall
- Year Built: 1966
- Lot Size: 0.34 Acres
- MLS Number: 65025037907
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Lake Michigan Realty Mgmt
- Office Phone: (616) 438-9082
- Listing Agent: Javier Rodriguez
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Last updated on: 7/31/2025, 1:45:31 PM 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 |
|---|---|---|
| Sep 17, 2021 | Home Sold | $201,000 |
| Aug 26, 2019 | Home Sold | $247,900 |
| Nov 25, 2014 | Home Sold | $131,500 |
| Jan 04, 2013 | Home Sold | $122,000 |
| May 10, 2010 | Home Sold | $111,000 |
| Dec 03, 1999 | Home Sold | $155,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $143,900 | $4,916 |
| 2023 | $143,900 | $4,916 |
| 2022 | $125,000 | $4,916 |
| 2021 | $94,200 | $4,180 |
| 2020 | $94,200 | $4,180 |
| 2019 | $81,800 | $3,687 |
| 2018 | $76,500 | $3,380 |
| 2017 | $69,900 | $3,220 |
History based on county public records data.
Nearby schools
3
Kenosha Park Elementary School
Public District PK-5
0.6 mi
•1353 Van Auken St SE
5
Brookside Elementary School
Public District PK-5
1.1 mi
•2505 Madison Ave SE
3
North Godwin Elementary School
Public District 3-5
1.3 mi
•161 34th St SW
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 $37,353. Typical income of Grand Rapids, MI residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
48%
<35k
43%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
23%
Single, with Kids
22%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Soccer
College Basketball
Pro Wrestling
Where do the neighbors shop?
Forever 21
Burlington
Dillards
Where do the neighbors go to eat?
Dominos Pizza
Wingstop
Logan's Roadhouse
What do the neighbors drive?
Mazda
Nissan
Hyundai
What do the neighbors listen to?
Rhythmic Contemporary Hits
Christian Adult Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Grand Rapids, MI
Transportation in Grand Rapids is facilitated by a network of roads and highways that connect the city to surrounding areas, as well as public transit options that serve the community. While specific ride-share services are available, the city also emphasizes walkability, particularly in the downtown area. Public transportation operates on a set schedule, providing consistent service for residents. Recent initiatives aim to enhance the efficiency and accessibility of the transportation system, making commuting and travel easier for everyone.
Residents of Grand Rapids benefit from a well-rounded array of services. The educational system includes numerous public and private schools, catering to a range of educational needs and preferences. Healthcare is well-supported by local hospitals and clinics offering a variety of services from emergency care to specialized treatments. The city also features a network of public libraries and a variety of retail and dining options that reflect the local culture. Efforts are continually made to adapt and improve these services to meet the evolving needs of the community.
Grand Rapids prides itself on a vibrant cultural scene and a strong sense of community. The city is celebrated for its annual art competitions and festivals that showcase local talent and foster a sense of togetherness. The downtown area is particularly known for its dynamic atmosphere and the presence of historic buildings that add to the city's character.
The housing landscape in Grand Rapids is diverse, with single-family homes making up a significant portion of the market, reflecting a mix of modern and traditional architectural styles. Apartments and townhouses are also available, providing options for various living preferences. The majority of homes were constructed during a period of growth from the late 20th century into the early 21st century. The homeownership rate in Grand Rapids is robust, with a substantial majority of residents owning their homes.
About 3201 Marshall Ave SE
The listing price of 3201 Marshall Ave SE property is $620,000.
The property 3201 Marshall Ave SE is a multi located in Grand Rapids, Michigan, 49508.
Active Listing: 3201 Marshall Ave SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3201 Marshall Ave SE are: Kenosha Park Elementary School (GreatSchools Rating 3/10), Brookside Elementary School (GreatSchools Rating 5/10), North Godwin Elementary School (GreatSchools Rating 3/10), Vista Charter Academy (GreatSchools Rating 5/10), New Branches Charter Academy (GreatSchools Rating 5/10), Godwin Heights Middle School (GreatSchools Rating 4/10), Link Learning Grand Rapids Alger Heights (GreatSchools Rating 2/10), Godwin Heights Learning Center (GreatSchools Rating 1/10), Godwin Heights Senior High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $4,916 (source: MLS/based on county public records data).
The last sale was on September 17, 2021 for $201,000 (source: MLS/tax record).
The year of construction for 3201 Marshall Ave SE is 1966.
This home is located at 3201 Marshall Ave SE in Grand Rapids, MI and zip code 49508. Features: 0 bathroom. It has been listed on Rocket Homes since July 30, 2025 and is currently priced at $620,000.
In June 2025, from all listings sold in Grand Rapids, MI there were more than 144 sold above asking price, over 68 sold below and more than 48 were sold right at the asked price. In June 2025 in Grand Rapids, MI there were 10.6% more homes for sale than in May. The median list price of listings available in June 2025 was $310,836, while the average time on the real estate market was 16 days.
From Rocket Homes Real Estate and based on county public records data.