$204,900
UNDER CONTRACT $5K PRICE INCREASE

315 Rust Ave Big Rapids, MI 49307

Estimated payment $1,448/month

Total Views 4,266
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet
  • Laundry Room

About This Home

Triplex which rents easily as it's a short distance to downtown and Ferris University. Recent improvements new furnace, water heater and updated plumbing.. Great location and all appliances included. Fully rented generating $2125 per month.

Listing Agent

Gary Bailey Sr

Crossroads Realty of Michigan License #6502321269 Listed on: 04/03/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50 x 200

Home Design

  • Composition Roof
  • Vinyl Siding

Parking

  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Laundry Room
  • Michigan Basement

Community Details

  • 3 Units
  • Laundry Facilities
  • Gross Income $23,100

Listing and Financial Details

  • The owner pays for gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,427

Year Built

Built in 1900

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 204900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 50 x 200
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: Res

Rental Info

  • Owner Pays: Gas
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 23100.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4427.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,613 $116,700 $0 $0
2024 -- $105,900 $0 $0
2023 -- $91,400 $0 $0
2022 $4,423 $80,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2026 04/03/26 Price Changed $204,900 +2.5% --
04/03/2026 04/03/26 For Sale $199,900 +97.9% --
05/09/2016 05/09/16 Sold $101,000 -7.3% -- View Prior Sale
04/08/2016 04/08/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $108,900 -- --
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Independent Title Services I
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $101,000 Surveyors Title Osceola Cnty
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,150 New Conventional
Previous Owner $88,740 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: MichRIC

MLS Number: 26013361

MichRIC

APN: 5417-015-229-006

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