$219,500

371 Hogadone Ave SW Grand Rapids, MI 49504

$2,607
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 #65025011992

Summary

  • MLS Number: 65025011992
  • 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: 4/12/2025, 12:55:51 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

view of front of property with a porch and brick siding

$219,500

371 Hogadone Ave SW

$2,607

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

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 March 27, 2025 and is currently priced at $219,500.

Over 117 listings were sold over their listed price in March 2025 in Grand Rapids, MI. In the same period over 86 listings were sold below the listed price and 37 listings were sold for the listed price. In March 2025 in Grand Rapids, MI there were 10.6% more homes for sale than in February. In March 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $310,000.

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

More resources