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330 S Stewart Ave, Big Rapids, MI, 49307

9beds
3baths
3,281sqft
$300,000
$91price/sqft
$2,235/moest. monthly cost
$89,400/yrincome needed

About This Home

Incredible turn-key investment opportunity in a highly desirable Big Rapids location! This massive 3,281 sq ft income property boasts exceptional, proven cash flow with tenants secured for both the current term and fully pre-leased for the upcoming school year. Recently renovated from top to bottom before the current fraternity moved in, the home is in great shape and ready for immediate possession. > The highly versatile multi-level layout features an 8-bedroom setup, 3 full baths, two spacious living areas, and convenient on-site coin laundry. Unique structural layout offers incredible future flexibility--can easily function as a high-yield 8-bedroom rental with dual living spaces, with unique studio opportunity. Do not miss out on adding this asset to your portfolio!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

10/10
5/10
Big Rapids Middle SchoolGrades 5-80.6 mi
6/10
Big Rapids High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Historic,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Laundry Room,Main Level

Basement

  • Basement: Partial

Bathroom1

  • Level: Main

Bathroom3

  • Level: Upper

Bedroom2

  • Level: Main

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedroom5

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Dining Room

  • Level: Main

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 3,281
  • Total interior livable area: 3,281 sqft

Kitchen

  • Level: Main

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Upper

Other

  • Level: Upper

Other

  • Level: Upper

Property

Details

  • Parcel number: 541714112011

Features

  • Stories: 2

Lot

  • Lot size: 0.25 Acres
  • Features: Corner Lot,Level
  • Lot size dimensions: 150 x 75 x 150 x 75

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Lightning
Tornado

FEMA Declared Disasters in Mecosta County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$130$1,560
Property Taxes $232$2,784
Electricity $357$4,294
Total$2,235$26,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,628/yr
40% on housing$67,050/yr
45% on housing$59,600/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 49307$135
Mecosta County$159

vs Homes Sold Last Month

Median $/sqft

ZIP 49307$157
Mecosta County$148

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-24Listed for sale$300,000
2024-02-22Listing removed--
2023-06-05Price change$700
2023-06-05Listed for rent$1,975
2022-08-06Listing removed--
2022-07-07Listed for rent$800
2022-05-15Listing removed--
2022-04-15Listed for rent$2,400
2020-03-24Listing removed$225,000
2019-09-27Listed for sale$225,000
2018-05-16Sold$125,000
2016-05-17Listing removed$350
2016-01-13Listing removed$300
2015-12-29Listed for rent$300
2015-04-22Listing removed$300
2015-03-25Listed for rent$300
2014-05-28Listing removed$300
2014-02-12Listed for rent$300
2013-07-18Listing removed$300
2013-05-18Price change$300
2013-04-26Price change$280
2013-03-09Listed for rent$300
2012-06-19Listing removed$275
2011-12-29Price change$275
2011-10-21Listed for rent$300
2010-06-05Listing removed$130,000

For Sale by Agent

AgentPatrick James Brooks
BrokerageB & R Investment Partners LLC

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