New - 6 days on Rocket
$3,419 Closing Credit¹
Joseph McNally, Listing Office: RE/MAX TOGETHER
$3,919
closing credit¹
328 S Warren Ave Big Rapids, MI 49307
$330,000 List price
$3,919
Closing credit¹
0.3 acres
Multi-Family
Property details
About 328 S Warren Ave
INVESTMENT OPPORTUNITY!! Buy this 4-unit for a great addition to your portfolio, or move into one of the units and collect rent from 3 other units with an FHA / VA loan! This property boasts $4,180 /mo. in gross rents at a 10.2% Cap rate. See attached pro forma. Tenants pay ALL utilities & all units are separately metered. Professionally managed. This property features a charming old house duplex on the same lot with a newer, traditional side-by-side duplex. All units have their own laundry. Great tenants, very low-maintenance. All tenants are on M2M leases. One tenant is currently in the process of moving out, so it could be vacant at close for an owner-occupied buyer, or we could place a new tenant for you if you are an investor! Schedule your tour today!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingWall Unit(s)
BasementYes
Lot size0.3 Acres
Year built1950
ParkingGravel
MLS #65025002918
Summary
- MLS Number: 65025002918
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Clear Realty Group
- Office Phone: (616) 799-2903
- Listing Agent: Tyler Johnson
Disclaimer: 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: 1/30/2025, 4:20:57 PM 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
$330,000
328 S Warren Ave
$3,919
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 02, 2019 | Home Sold | $215,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $107,500 | $- |
| 2023 | $99,000 | $- |
| 2022 | $85,000 | $- |
| 2021 | $81,400 | $- |
| 2020 | $78,700 | $- |
| 2019 | $77,200 | $- |
| 2018 | $75,300 | $- |
| 2017 | $73,600 | $- |
History based on county public records data.
Nearby schools
3
Crossroads Charter Academy K6
Public Charter KG-6
0.4 mi
•215 N State St
7
Riverview Elementary School
Public District KG-4
0.5 mi
•509 Willow Ave
5
Brookside Elementary School
Public District PK-4
0.6 mi
•210 Escott St
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 $22,644. Typical income of Big Rapids, MI residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
71%
<35k
25%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
8%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
3%
12-17 yrs old
63%
18-34 yrs old
16%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
College Football
Extreme Sports
Where do the neighbors shop?
Family Dollar
Wal-Mart
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Little Caesars
What do the neighbors drive?
Ford
Oldsmobile
Kia
What do the neighbors listen to?
New Country
Contemporary Inspirational
Country
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 328 S Warren Ave in Big Rapids, MI and zip code 49307. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $330,000.
Big Rapids, MI housing market in December 2024 saw over 3 listings sold above listed price, more than 3 sold at listed price and over 5 sold below. The number of homes for sale in Big Rapids, MI decreased by 5.6% between November and December 2024. Listings spent 35 days on the market in December 2024, and had a median list price of $219,450 during the same period.
From Rocket Homes Real Estate and based on county public records data.