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    117 S Warren Ave Big Rapids, MI 49307

    For Sale
    $271,900

    MULTI_FAMILY - Big Rapids, MI

    Lot size:
    0.17 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 117 S Warren Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Basement
    Bedrooms
    6
    APN
    5417-14-104-004
    Parking
    1
    Basement
    Full
    Lot size
    0.17 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Number of units
    12
    Building materials
    Brick

    RE/MAX TOGETHER (231) 629-4100

    Listing agent Joseph McNally (616) 307-3026

    Listing date Nov 12, 2025

    MLS# 25002888 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Big Rapids Multifamily Investment Property

    This three-unit apartment building is an investment property with potential for a fourth unit, pending city approval. Located a couple blocks from Ferris State University in downtown Big Rapids, Michigan, the property includes a backyard, parking, and an attached two-car garage. The 0.17-acre lot is situated in a central location. The current rent is $1000 for the upstairs unit, $700 for the south unit, and $750 for the north unit, all on a month-to-month basis. These rents are below market rates due to long-term owner relationships with the renters. The property is located at 117 S Warren Avenue, Big Rapids, MI 49307.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Big Rapids
    County
    Mecosta
    State
    Michigan
    Longitude
    -85.479972
    Latitude
    43.697716

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    FAQs

    What type of property is this?
    Triplex - Three-unit building near Ferris State University with potential for expansion.
    Where is this triplex located?
    The property is located at 117 S Warren Ave Big Rapids, MI.
    What is the asking price?
    The asking price for this property is $271,900.
    What are key features of this property?
    This property features: - Prime location: Just blocks from Ferris State University and in the heart of downtown.; - Income potential: Currently a cash-flowing 3-unit building with rents below market value.; - Expansion opportunity: Space available to potentially add a 4th unit (subject to city approval).
    (616) 307-3026
    Request Owner's contact information
    117 S Warren Ave Big Rapids, MI 49307
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    Big Rapids, MI 49307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 S Warren Ave Big Rapids, MI 49307
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