315 Rust Avenue, Big Rapids, MI 49307

New Listing
$204,900
Property Type: Multi Family Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $204,900 List Date: 4/03/2026 Last Modified: 4/03/2026

Overview

Description

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 Details MLS# 26013361

Location Property Info

County
Mecosta
Street #
315
Street Name
Rust
Suffix
Avenue
State
MI
Zip Code
49307
Zip (4)
1772

General Property Info

Lot Measurement
Acres
Lot Square Footage
10019
Lot Acres
0.23
Lot Dimensions
50 x 200
Year Built
1900
New Construction
No
Financial Available
No
Cert of Compliance
No
Road Frontage
50
Total # Units
3
# of Diff Unit Floor Plans
3
Total # Bldgs
Yes
Total Parking Spaces
5
Waterfront
No
School District
Big Rapids
Basement
Yes

Tax Info

Tax ID #
5417-15-229-006
Taxable Value
85010
SEV
116700
For Tax Year
2015
Seller's Annual Property Tax
4427
Tax Year
2025
Zoning
Res
Homestead %
0
Spec Assessment & Ty
No

Remarks Misc

Directions
Northland Dr to Rust Ave. E to property on S side of street.

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Income and Expenses

Gross Op. Inc.
23100

Unit 1

Unit #
Yes
Unit Description
Main floor 3 bedroom
SqFt
1000
Occupied
Yes
Monthly Rent
900
Bathrooms
Yes
Full Baths
Yes
Carport
Yes
Range Oven
Yes
Refrigerator
Yes

Unit 2

Unit #
2
Unit Description
2nd Floor 1 bed
SqFt
500
Occupied
Yes
Monthly Rent
575
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 3

Unit #
3
Unit Description
2nd floor studio
SqFt
400
Occupied
Yes
Monthly Rent
450
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Carport
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
Division St / Hutchinson St
Property Sub-Type
2 to 4 Units
Municipality
Big Rapids
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
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.
Legal
000315 RUST AVENUE: ASSESSOR'S PLAT #1 -- BLK 9, LOT 3.

Lot Description

Sidewalk
Yes

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes
Public Sewer
Yes
Public Water
Yes
Storm Sewer
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Laundry Features

Laundry Room
Yes

Exterior Material

Vinyl Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Window Unit(s)
Yes

Tenant Pays

Electric
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Driveway

Paved
Yes

Substructure

Michigan Basement
Yes

Extras

Carports
Yes
Laundry Facility
Yes
Sep Electric Meter
Yes
Tenant Storage
Yes

Owner Pays

Gas
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: Laundry Room Exterior Material: Vinyl Siding Roofing: Composition Substructure: Michigan Basement Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer Extras: Carports; Laundry Facility; Sep Electric Meter; Tenant Storage Owner Pays: Gas Tenant Pays: Electric; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Window Unit(s) Driveway: Paved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Carport; Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator Unit 3: Range/Oven; Carport; Refrigerator
Listing Office: Crossroads Realty of Michigan
Listing Agent: Gary B Bailey Sr
IDX
Source MLS Verified
Last Updated: April - 03 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.