306 Russell Street

—
Beds
—
Baths
15,225 Sq. Ft.
$18 / Sq. Ft.
15,225
Sq. Ft.
$18
per Sq. Ft.

Description

One of a kind extremely solid investment opportunity. Huge 15,000+ sq ft building started its life out as a school but now offers 5 x 2 Bed residential apartments, multiple office spaces, multiple bathrooms, full kitchen, 42x65 gym, and tons of bonus space. Entire building including all apartments are zero grade. Wide open floor plans. Gym is currently being converted into 11+ 10x10 climate-controlled storage units. Building is built like a tank and is mechanically sound. New roof approx 7 years...One of a kind extremely solid investment opportunity. Huge 15,000+ sq ft building started its life out as a school but now offers 5 x 2 Bed residential apartments, multiple office spaces, multiple bathrooms, full kitchen, 42x65 gym, and tons of bonus space. Entire building including all apartments are zero grade. Wide open floor plans. Gym is currently being converted into 11+ 10x10 climate-controlled storage units. Building is built like a tank and is mechanically sound. New roof approx 7 years ago. 1.5 Acre site offers plenty of parking and large greenspace including playground area. Absolutely unlimited possibilities and potential. Hurry to get this one working for you!
  1. Listed by Darin K Elliott • Greenridge Realty (Ionia)
    P: (616)-527-3720 delliott@greenridge.com

Property Details for 306 Russell Street

Waterfront
No
Zoning
Commercial
Zoning Description
Commercial
LISTING UPDATED: 05/12/2026 10:40 AM

Property Details for 306 Russell Street

StatusActive
MLS #70473936
Days on Market341
Taxes$11,618 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / 5+ Units
Year Built1973
Lot Size1.59 AC / 69,260 SF
CountyIonia County

Location

Listing Courtesy of Greenridge Realty (Ionia)
Add your commute

Building Information for 306 Russell Street

Stories-Residences7Year Built1973Building Size-Lot Size1.59 AC / 69,260 SF

Payment Calculator

$2,339 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,370

Property Taxes

$968

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 306 Russell Street

Summary
Location and General Information
  • Cross Street: Pearl
  • Directions: From Main & Washington in Hubbardston. Head North/East on Washington to Russell, North/West to Property.
  • Latitude: 43.096736
  • Longitude: -84.840226
  • MLS Area Major: Hubbardston (34019)
  • MLS Area Minor: Grand Rapids - G
Taxes and HOA
  • Parcel Number: 091-060-000-690-10
  • Tax Annual Amount: $11,618.00
  • Tax Year: 2024
Property
Lot Information
  • Frontage Length: 194.0
  • Lot Size Acres: 1.59
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 15225.0
  • Building Area Total: 15225.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Raw Mls Lot Size: irregular
  • Raw Mls Modification Timestamp: 03-24-2026 06:45:02 PM
  • Raw Mls Photos Change Timestamp: 06-13-2025 11:13:40 PM
  • Raw Mls Photos Count: 92
  • Raw Mls Property Sub Type: Multi-Family
  • Year Built: 1973
Building Features
  • Foundation Details: Slab
  • Roof: Composition, Rubber
Utilities
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
Interior and Exterior Features
Exterior Features
  • Community Features: Sidewalks
Interior Features
  • Basement: false
  • Basement: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 7
Rental
Rent Information
  • Owner Pays: Electricity, Gas

Property History for 306 Russell Street

DateEvent & SourcePriceAppreciation
Jan 4, 2026

Price Change

Michigan Regional Information Center #25027272

$275,000—
Jan 4, 2026

Price Change

MiRealSource #70473936

$275,000—
Aug 13, 2025

Price Change

Michigan Regional Information Center #25027272

$424,900—
DateEvent & SourcePrice
01/04/2026

Price Change

Michigan Regional Information Center #25027272

$275,000
01/04/2026

Price Change

MiRealSource #70473936

$275,000
08/13/2025

Price Change

Michigan Regional Information Center #25027272

$424,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 306 Russell Street

Taxable ValueLand-Additions-Total-
Home Facts
Beds0Lot Size19,602 SqFtStyleResidentialCountyIONIAAPN34-091-060-000-690-20

Schools near 306 Russell Street

This home is within Carson City-Crystal Area Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Carson City Elementary School
PublicPK to 3

Carson City-Crystal Middle School
Public4 to 8

Carson City-Crystal High School
Public9 to 12

Carson City-Crystal Alternative Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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306 Russell Street is a multi-family home for sale in Hubbardston, MI 48845. This property was listed for sale on June 9, 2025 by Greenridge Realty (Ionia), it's currently listed at $275,000. This listing's school district is Carson City-Crystal Area Schools. Nearby schools include Carson City Elementary School, Carson City-Crystal Middle School and Carson City-Crystal High School. 306 Russell Street is a 0-bed, 0-bath, 15,225 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Greenridge Realty (Ionia)

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