123 S Cayuga St Buchanan, MI 49107
Estimated payment $1,368/month
About This Home
Great investment opportunity with upside potential! This former 3-unit is currently configured as a 2-unit with a large 5-bed, 2-bath unit and a 1-bed, 1-bath basement unit. The main unit rents for $1,700/month, with additional income potential from the lower unit. Month-to-month tenants, fenced backyard, multiple electric meters, and value-add potential make this a strong opportunity for investors.
Listing Agent
JPAR - Great Lakes Bay Region License #SBR-6501448755 Listed on: 03/13/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1946
Lot Details
- 7,841 Sq Ft Lot
- 60 Ft Wide Lot
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Boiler Heating System
- Heating System Uses Natural Gas
Community Details
- High School Add To City Of Buchanan Subdivision
Listing and Financial Details
- Assessor Parcel Number 11-58-3050-0043-00-4
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,898 | $86,400 | $0 | $0 |
| 2024 | $1,734 | $83,400 | $0 | $0 |
| 2023 | $1,673 | $73,100 | $0 | $0 |
| 2022 | $1,640 | $65,200 | $0 | $0 |
| 2021 | $1,743 | $60,100 | $3,100 | $57,000 |
| 2020 | $1,907 | $60,700 | $0 | $0 |
| 2019 | $1,873 | $42,400 | $1,900 | $40,500 |
| 2018 | $1,844 | $42,400 | $0 | $0 |
| 2017 | $1,809 | $42,700 | $0 | $0 |
| 2016 | $1,796 | $41,200 | $0 | $0 |
| 2015 | $1,986 | $40,100 | $0 | $0 |
| 2014 | $1,785 | $39,500 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | For Sale | $230,000 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $90,000 | None Available | |
| Deed | $84,900 | -- | |
| Deed | $66,000 | -- | |
| Deed | $25,000 | -- | |
| Deed | $55,000 | -- | |
| Deed | $26,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,000 | Purchase Money Mortgage |
Source: Michigan Multiple Listing Service
MLS Number: 50201545
APN: 11-58-3050-0043-00-4
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Source MLS: MiRealSource
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Ask me questions while you tour the home.