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.
For sale
$359,000
318 College Ave NE, Grand Rapids, MI 49503
4beds
2baths
1,516sqft
Est.:
2 to 4 Units
Built in 1890
-- sqft lot
$365,400 Zestimate®
$237/sqft
$-- HOA
What's special
- 60 days
- on Zillow |
- 1,256 |
- 77 |
Zillow last checked: 7 hours ago
Listing updated: May 02, 2025 at 10:10am
Listed by:
Michael VanderWoude 616-914-1556,
Edison Brokers & Co LLC 616-439-1190
Source: MichRIC,MLS#: 25011624

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Radiant
Cooling
- Window Unit(s)
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,516 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 35 x 108.49
Details
- Parcel number: 411430202002
- Zoning description: TN - LDR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Phone Available, Electricity Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $53,077
- Annual tax amount: $2,669
- Date on market: 4/1/2025
- Listing terms: FHA,Cash,Conventional
- Tenant pays: Electricity, Sewer, Gas
- Electric utility on property: Yes
- Road surface type: Paved
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