1305 Springfield Dr Midland, MI 48642
Estimated payment $2,023/month
Highlights
- 2 Car Attached Garage
- Patio
- Forced Air Heating and Cooling System
- Northeast Middle School Rated A-
About This Home
Excellent Investment Opportunity! This profit-making 4-unit all-brick property offers strong rental income and modern updates throughout. Each apartment features newer luxury vinyl flooring or carpet, fresh paint, updated countertops, and vanities. Major improvements include a newer roof, furnaces, and A/C units. Each unit has 2 bedrooms and 1 full bath. Each unit has separate utilities—individual furnaces, central air, water heaters, and electric meters. Apt 1 and Apt 2 have private fenced in yard. Apt 3 and Apt 4 have balconies. Tenants pay their own utilities; landlord covers lawn care and snow removal. Total monthly rent is approximately $3,300, plus an additional ~$700/year from the shared coin-operated laundry. Apt 2 is currently vacant for easy showings; the remaining units are fully occupied with tenants. A turnkey, income-producing property ready for your portfolio! Don't wait, call for your private tour TODAY!
Listing Agent
Century 21 Signature Realty Midland License #MBR-6501391151 Listed on: 11/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1984
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 64x170
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Lighted Parking
- Garage Door Opener
- Off-Street Parking
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- Gas Water Heater
Community Details
- 4 Units
- Lincoln Manor Subdivision
Listing and Financial Details
- Assessor Parcel Number 14-13-50-342
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 | $8,105 | $157,700 | $0 | $0 |
| 2024 | $5,617 | $138,600 | $0 | $0 |
| 2023 | $4,531 | $118,600 | $0 | $0 |
| 2022 | $6,230 | $115,400 | $0 | $0 |
| 2021 | $5,974 | $101,600 | $0 | $0 |
| 2020 | $5,400 | $103,600 | $0 | $0 |
| 2019 | $5,267 | $104,700 | $12,000 | $92,700 |
| 2018 | $5,198 | $106,300 | $10,000 | $96,300 |
| 2017 | $0 | $101,900 | $10,000 | $91,900 |
| 2016 | $5,433 | $98,700 | $10,000 | $88,700 |
| 2012 | -- | $92,700 | $10,000 | $82,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/31/2026 01/31/26 | Pending | -- | -- | -- | |
| 11/07/2025 11/07/25 | For Sale | $389,000 | +17.9% | $119 / Sq Ft | |
| 12/11/2023 12/11/23 | Sold | $330,000 | 0.0% | $101 / Sq Ft | View Prior Sale |
| 11/22/2023 11/22/23 | Pending | -- | -- | -- | |
| 11/15/2023 11/15/23 | For Sale | $330,000 | +43.5% | $101 / Sq Ft | |
| 07/24/2020 07/24/20 | Sold | $230,000 | -4.2% | $70 / Sq Ft | View Prior Sale |
| 06/09/2020 06/09/20 | Pending | -- | -- | -- | |
| 03/19/2020 03/19/20 | For Sale | $240,000 | 0.0% | $73 / Sq Ft | |
| 03/06/2020 03/06/20 | For Sale | $240,000 | +31900.0% | $73 / Sq Ft | |
| 03/01/2020 03/01/20 | Pending | -- | -- | -- | |
| 04/02/2018 04/02/18 | Rented | $750 | 0.0% | -- | |
| 03/27/2018 03/27/18 | Under Contract | -- | -- | -- | |
| 02/05/2018 02/05/18 | Price Changed | $750 | -3.2% | $1 / Sq Ft | |
| 01/16/2018 01/16/18 | For Rent | $775 | 0.0% | -- | |
| 09/30/2016 09/30/16 | Sold | $170,000 | -19.0% | $48 / Sq Ft | View Prior Sale |
| 07/27/2016 07/27/16 | Pending | -- | -- | -- | |
| 02/25/2016 02/25/16 | For Sale | $210,000 | -- | $59 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | None Listed On Document | |
| Warranty Deed | $330,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $230,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $170,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,500 | New Conventional |
Source: Midland Board of REALTORS®
MLS Number: 50193719
APN: 14-13-50-342
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