328 S Warren Avenue
BigRapids, MI 49307
- – beds
- – baths
- – sqft
- 13,068 sqft lot
- 1950 build
- – on site
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. All leases are month-to-month. 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!
Last checked:
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Last updated Mar 29, 2025
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MLS# 65025002918 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1950
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Construction Materials:VinylSiding, WoodSiding
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Basement:Full
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Basement:true
Interior
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Laundry Features:InUnit, MainLevel
Location
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Directions:E from State St on LocustHouse on left
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Cross Street:Locust
The Property
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Parcel Number:541714111014
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Features:CornerLot
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Lot Size Acres:0.3
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Lot Size Area:13068.0
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Lot Size Dimensions:88.5x150
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Lot Size Units:SquareFeet
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Zoning Description:Other
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Road Frontage Feet:238
Listing Agent
- Contact info:
- Agent phone:
- (616) 799-2903
- Office phone:
- (616) 799-2903
Taxes
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Tax Legal Description:000328 S WARREN AVENUE: WARREN AND IVES' PLAT (ORIGINAL PLAT) -- BLK 29, LOT 9 & LOT 10 EXC THE N 12.5 FT THRF.
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Tax Assessed Value:90882
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Tax Annual Amount:5084.0
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:WallUnits
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Cooling:true
Utilities
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Utilities:CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public
Schools
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High School District:BigRapids
The Community
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Waterfront:false
Parking
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Parking Total:4.0
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Parking Features:Gravel
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/17/25
Feb 17, 2025
|
Pending | REALCOMP | $324,900 | |
2/4/25
Feb 4, 2025
|
Price Changed | REALCOMP | $324,900 | -1.5% |
1/24/25
Jan 24, 2025
|
Listed / Active | REALCOMP | $330,000 | 53.5% (10.3% / YR) |