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Coldwater, MI Multifamily Home for Sale

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    $199,000

    328 Penn Dr, Coldwater, MI 49036

    INVESTMENT OPPORTUNITY. Great single-story duplex located in a quiet neighborhood, close to shopping and downtown. Each unit has 2 bedrooms, 1-bathroom, open concept, washer and dryer hook-up and an attached garage. Perfect opportunity to live in one side and rent the other side out and help pay the mortgage. Large front and back yard with mature trees and nice landscaping. Apartment B has just

    Anette Booth Hauska Home and Farm

    328 Penn Dr, Coldwater, MI 49036

Why Live in Coldwater

Coldwater, MI, a small city in southern Michigan, has experienced a resurgence in population and industrial growth, thanks in part to the Clemens Food Group's processing plant, which brought nearly 1,800 jobs to the area. With a population nearing 14,000, Coldwater features a mix of lakefront houses, vacant land, and manufactured housing communities, with new apartment developments such as the Summit Apartments expanding residential options. The city is accessible via Interstate 69 and U.S. Highway 12, with public transportation provided by the Branch Area Transit Authority. Outdoor enthusiasts can enjoy 12 parks, two lakes, and the Sauk River, offering activities like boating, kayaking, and fishing, as well as winter ice skating. The Waffle Farm Campgrounds provide over 400 campsites for RVs. Coldwater's educational institutions include the Coldwater Community Schools system and the Kellogg Community College’s Grahl Center. Cultural attractions include the historic Tibbits Opera House and the Capri Drive-In Theater, while the downtown district boasts nearly 100 shops, salons, and restaurants. The crime rate in Coldwater is below the national average, contributing to a sense of safety for residents. The city experiences warm summers and cold winters, with an average annual snowfall of 42 inches.

Home Trends in Coldwater, MI

Housing Trends

Median Sale Price
$285,000
Median Single Family Sale Price
$285,000
Average Price Per Sq Ft
$162
Number of Homes for Sale
9
Last 12 months Home Sales
686
Months of Supply
0.20
Median List Price
$315,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-31%
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