Estimated payment $1,916/month
Highlights
- 1 Fireplace
- Forced Air Heating System
- High Speed Internet
About This Home
Great investment opportunity located in downtown Niles! Become the Owner of this four unit apartment with solid, long-term, rent-paying tenants. All four units rent at $800/mo. for a $3200/mo. stream of income. Your tenants will love the location to many amenities in Niles. Within a half mile, you'll find the public library, hospital, banks, YMCA, multiple parks, river trail, movie theater, restaurants, breweries, grocery stores, antique stores and more. All three Niles public school levels (elementary, middle and high school) are within one mile. Not only can you offer your tenants a great place to live, but also a community to thrive. Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,564
Year Built
- Built in 1950
Lot Details
- 4,139 Sq Ft Lot
- Lot Dimensions are 62x68
Parking
- Gravel Driveway
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Basement
- Michigan Basement
Schools
- Ring Lardner Middle School
- Niles Senior High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Natural Gas Connected
- High Speed Internet
Community Details
- 4 Units
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 | $4,990 | $97,900 | $0 | $0 |
| 2024 | $2,611 | $87,700 | $0 | $0 |
| 2023 | $2,398 | $80,000 | $0 | $0 |
| 2022 | $1,250 | $41,700 | $0 | $0 |
| 2021 | $2,033 | $38,800 | $3,200 | $35,600 |
| 2020 | $2,010 | $36,200 | $0 | $0 |
| 2019 | $1,982 | $33,800 | $2,100 | $31,700 |
| 2018 | $2,134 | $33,800 | $0 | $0 |
| 2017 | $2,340 | $40,600 | $0 | $0 |
| 2016 | $2,067 | $37,000 | $0 | $0 |
| 2015 | $2,061 | $35,900 | $0 | $0 |
| 2014 | $994 | $33,300 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Price Changed | $275,000 | -6.8% | -- |
| 10/28/2024 10/28/24 | For Sale | $295,000 | +68.1% | -- |
| 12/18/2023 12/18/23 | Sold | $175,500 | -7.6% | -- |
| 12/02/2023 12/02/23 | Pending | -- | -- | -- |
| 11/16/2023 11/16/23 | For Sale | $189,900 | +399.7% | -- |
| 09/30/2016 09/30/16 | Sold | $38,000 | -17.4% | -- |
| 08/08/2016 08/08/16 | Pending | -- | -- | -- |
| 07/12/2016 07/12/16 | For Sale | $46,000 | 0.0% | -- |
| 02/28/2014 02/28/14 | Sold | $46,000 | -12.4% | -- |
| 02/21/2014 02/21/14 | Pending | -- | -- | -- |
| 11/06/2013 11/06/13 | For Sale | $52,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,500 | Elevated Title | |
| Warranty Deed | $175,000 | Near North Title Group | |
| Warranty Deed | $120,000 | Near North Title Group | |
| Personal Reps Deed | $38,000 | Attorney | |
| Warranty Deed | $46,000 | Chicago Title Of Michigan | |
| Deed | $60,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $131,250 | New Conventional | |
| Previous Owner | $90,000 | New Conventional | |
| Previous Owner | $143,500 | Unknown |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24056521
APN: 11-72-3050-0148-03-5
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Information is deemed reliable but not guaranteed.
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