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$200,000
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Property Description
7-Bedroom Investment Opportunity Near FSU! This spacious 7-bedroom, 2-bath home offers strong rental potential with a history of reliable income. Located just steps from Ferris State University, it's an ideal option for student housing or a large rental property. The main floor is a spacious, freshly updated 4 bedroom unit, and the upstairs is currently setup as a 3 bedroom unit with a living room that has been a 4th room in the past. Both units are fully rented and will cash flow from day one. With its prime location, size, and updates, this property is a rare find for investors or anyone looking to tap into the demand for campus-area housing.
Full Property Details
Full Property Details for 407 S Michigan Ave
General
- Sold For: $200,000
- Taxes: $5,169
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25043192
- Added to Site: 145 day(s) ago
Parking
- Total Spaces: 7
- Parking Features: Asphalt, Driveway
Location
- Area: West Central - W
- County: Mecosta
- Cross Streets: Locust and Oak
- Driving Directions: Northland Dr to Locust St, east to Michigan, south to property on west side.
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Frontage: Paved
- Lot Features: Level
- Zoning: R-2
Financial Considerations
- Tax Amount: $5,169
- Terms: FHA, Cash, Conventional
- Landlord Pays: None
- Tenant Pays: Electricity, Water, Trash, Sewer, Gas
Disclosures and Reports
- Legal Description: 000407 S MICHIGAN AVENUE: WARREN AND IVES' PLAT (ORIGINAL PLAT) -- BLK 35, LOT 2.
- Property ID: 541714153003
Listed by Chris Jane Sells Houses, Chris Jane
Sold by B & R Investment Partners LLC, Patrick James Brooks
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Schools
Schools serving 407 S Michigan Ave
School District:Big Rapids Public Schools
| Name | Grades | Distance |
|---|---|---|
Big Rapids High School 21175 15 Mile Road, Big Rapids, MI 49307 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 407 S Michigan Ave
Date
Details
Price
Change
Source
11/12/2025
Sold
$200,000
-16.32%
MLS
8/25/2025
Listed
$239,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
407 S Michigan Avenue, Big Rapids, MI 49307 (MLS# 25043192) is a Single Family property that was sold at $200,000 on November 12, 2025. Want to learn more about 407 S Michigan Avenue? Do you have questions about finding other Single Family real estate for sale in Big Rapids? You can browse all Big Rapids real estate or contact a Coldwell Banker agent to request more information.

