$140,000
SOLD AUG 11, 2025

16 S 7th St Niles, MI 49120

-- Bed
-- Bath
-- Sq Ft
6,181 Sq Ft Lot

Recently Sold

22% Below List Price

290 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Level Lot
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of August 2025

Seize a prime investment opportunity with this well-maintained 2-unit multi-family property located in the vibrant city of Niles. This income-generating asset features two fully-occupied units, offering immediate rental income for savvy investors.

Last Agent to Sell the Property

Carlos Trimble

Century 21 Affiliated License #6501437008 Listed on: 03/18/2025

Century 21 Affiliated

Co-Listed By

Malinda Stauffer

Martell Realty Inc. License #6501450950

Last Buyer's Agent

Carlos Trimble

Century 21 Affiliated License #6501437008 Listed on: 03/18/2025

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1930

Lot Details

  • 6,181 Sq Ft Lot
  • Lot Dimensions are 52x117
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash, gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,398

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52x117
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Driveway:Gravel: Yes
  • Substructure:Michigan Basement: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 150000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 52x117
  • Lot Size Sq Ft: 6181.0

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electric, Trash, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2398.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Aug 11, 2025
Sold by
Thomas-Gurley Britney
Bought by
Molica Alan
Seller's Agent
Carlos Trimble
Century 21 Affiliated
Buyer's Agent
Carlos Trimble
Century 21 Affiliated
List Price
$180,000
Sold Price
$140,000
Premium/Discount to List
-$40,000
-22.22%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
209.22%
Original Mortgage
$112,000
Outstanding Balance
$111,611
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$54,221

Purchase Details

Listed on
May 18, 2018
Closed on
Feb 5, 2019
Sold by
Ibrahim Kamelia
Bought by
Gurley Britney Thomas
Seller's Agent
Mark Skene
RE/MAX Modern Realty, Inc.
Buyer's Agent
Karin Buda
Howard Hanna Real Estate
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%

Purchase Details

Closed on
Apr 16, 2002

Purchase Details

Closed on
Dec 23, 1997
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title Of Michigan
Warranty Deed -- Chicago Title Of Michigan
Warranty Deed $65,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,000 New Conventional
Closed $112,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2025 08/11/25 Sold $140,000 -6.7% --
06/21/2025 06/21/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $150,000 -16.7% --
12/16/2024 12/16/24 For Sale $180,000 0.0% --
12/16/2024 12/16/24 Off Market $180,000 -- --
09/16/2024 09/16/24 Price Changed $180,000 -10.0% --
09/04/2024 09/04/24 For Sale $200,000 +207.7% --
02/06/2019 02/06/19 Sold $65,000 -7.1% -- View Prior Sale
01/14/2019 01/14/19 Pending -- -- --
05/18/2018 05/18/18 For Sale $70,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,518 $96,600 $0 $0
2024 $1,296 $82,400 $0 $0
2023 $1,243 $55,300 $0 $0
2022 $1,184 $50,500 $0 $0
2021 $2,185 $47,400 $1,500 $45,900
2020 $2,160 $37,700 $0 $0
2019 $1,980 $35,300 $1,600 $33,700
2018 $1,909 $35,300 $0 $0
2017 $1,888 $38,300 $0 $0
2016 $1,856 $36,500 $0 $0
2015 $1,851 $34,100 $0 $0
2014 $954 $34,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24046346

Southwestern Michigan Association of REALTORS®

APN: 11-73-3960-0036-00-7