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Portage 49024
2311 Ewing Avenue
$198,500
● House - Off Market

2311 Ewing Avenue

Portage, MI 49024
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$1,311
Est. Monthly
6.39%
Cap Rate

About This Property

Nestled in the heart of Portage, this charming single-story ranch is conveniently located near shopping, dining, entertainment, and offers easy access to US-131 and I-94. This home features three bedrooms, one full bathroom, a spacious living room, and a separate dining area. A delightful glass-enclosed porch connects to the attached two-car garage.

Situated on a generous 0.25-acre corner lot, the property includes a fenced-in yard, perfect for outdoor enjoyment. Inside, you'll find an updated kitchen, beautiful hardwood floors throughout, and a large open basement offering plenty of potential.

Don't miss this incredible opportunity-schedule your showing today!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$207
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #24060066)

Price History

Date / Event Date Event Price
Jan 28, 2025 Sold
Premium
Sold
Dec 3, 2024 In contract -
In contract
Nov 19, 2024 Listed by eXp Realty LLC $215,000
Listed by eXp Realty LLC
Jan 16, 2019 Sold
Premium
Sold
Oct 3, 2018 Listed by eXp Realty LLC $134,000
Listed by eXp Realty LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,040
  • Garage Type: 7
  • Garage Square Area: 760
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHIPPEWA HILLS
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: CHIPPEWA HILLS # 1 LOT 81

Neighborhood

  • School District Name: Portage Public Schools
  • School Tax School District: PORTAGE
  • Census Tract: 002005

Zoning

  • Zoning: R-1B

Geography

  • District: 10
  • Parcel: 10-01421-081-O
  • Lot: 81
  • Municipality: PORTAGE CITY
  • Latitude: 42.2042
  • Longitude: -85.6168

    Address

  • Full Address: 2311 Ewing Ave
  • Address - House Number: 2311
  • Address - Street Name: Ewing
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Portage
  • Carrier Code: C046
  • 4-Digit Zip Code: 4843
  • Zip Code: 49024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $257,317

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 217,717
  • High Value: 258,633
  • Low Value: 176,801

    Market Valuation

  • Market Total Value: $145,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2018
  • Current Sale Recording Date: Jan 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-001249
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Portage

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2089 ft²

Average Home Age

44.7 years

Currently For Sale

126 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Jared Stout, eXp Realty LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24060066
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2311 Ewing Avenue built and last sold?
The property at 2311 Ewing Avenue was built in 1964 and last sold on Dec 22, 2018 for $130,000.
How much is this home worth?
The estimated value of the home located at 2311 Ewing Avenue is $0.
What are some comparable homes to 2311 Ewing Avenue?
There are currently no comparable homes to 2311 Ewing Avenue.
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