$199,900

371 Hogadone Ave SW Grand Rapids, MI 49504

$2,374
Closing credit¹
0.1 acres
Multi-Family

Property details

About 371 Hogadone Ave SW

Welcome to 371 Hogadone in SW Grand Rapids, a fantastic opportunity for investors or homeowners seeking versatility and income potential. This two-story 3-unit offers is priced below market value, but has an excellent rental history, making it ideal for those looking to generate additional income or offset their mortgage. With long-term month-to-month tenants of 6 and 20 years (Units 1 and 2. Rents under market. Unit 3- the studio, is vacant and move-in-ready!) who are happy to stay and a 6-year new roof, this property is a true turn-key investment offering immediate cash flow. Quiet cul-de-sac location. Whether you're an investor or looking to live in one unit while renting the other two, this property offers flexibility and the chance to build equity with minimal personal expense.Hogadone offers exceptional convenience with top-rated schools, diverse dining options, and ample shopping opportunitiesall within a short drive in this vibrant community. Don't miss your chance to own this 3-unit flowing with potential in a highly desirable area. City of GR Certificate of Compliance good through November 2027. As a part of the estate process, property was recently appraised at $320,000. Schedule your showing today availability will be limited based on tenant schedules!

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.11 Acres
Year built1885
ParkingGravel, Unpaved
MLS #65025017425

Summary

  • Basement: Yes
  • Parking: Gravel, Unpaved
  • Heating: Forced Air, Natural Gas
  • List Price: $199,900
  • Annual Tax Amount: $1,113
  • Tax Year: 2024
  • Lot: Corner Lot
  • Directions: Take US-196 and exit onto Market Ave SW. Head south on Market Ave SW. Turn right onto Wealthy St SW. Continue straight onto Grandville Ave SW. Turn left onto Hall St SW. Turn right onto Hogadone Ave SW. The destination, 371 Hogadone Ave. SW, will be on your left.
  • Year Built: 1885
  • Lot Size: 0.11 Acres
  • MLS Number: 65025017425
  • MLS Name: Greater Regional Alliance of REALTORS
  • Office Name: LPT Realty
  • Office Phone: (650) 543-2753
  • Listing Agent: Kevin M Yoder

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: 5/2/2025, 9:20:54 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

view of front of house with brick siding and covered porch

$199,900

371 Hogadone Ave SW

$2,374

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$87,400$1,113
2023$73,700$1,113
2022$60,800$1,113
2021$53,300$1,101
2020$48,500$1,101
2019$42,200$1,041
2018$34,600$1,047
2017$31,800$997

History based on county public records data.

Nearby schools

4

Southwest Community Campus School

Public District PK-6

0.7 mi

801 Oakland Ave SW

4

Sibley School

Public District PK-5

0.7 mi

943 Sibley St NW

2

Cesar E Chavez Elementary School

Public District PK-5

1.1 mi

1205 Grandville Ave SW

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 $39,107. Most Grand Rapids, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
55%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

52%
Single, No Kids
25%
Single, with Kids
9%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
9%
12-17 yrs old
33%
18-34 yrs old
29%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 371 Hogadone Ave SW in Grand Rapids, MI and zip code 49504 in the South West Area Neighbors neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $199,900.

While more than 167 listings in Grand Rapids, MI in April 2025 were sold above asking price, there were more than 57 listings sold at asking price, and more than 94 were sold below. The number of homes for sale in Grand Rapids, MI increased by 11.4% between March and April 2025. The median list price of listings available in April 2025 was $310,440, while the average time on the real estate market was 21 days.

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

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