228 N 1st St Cassopolis, MI 49031
Estimated payment $994/month
About This Home
Do not miss out on this investment opportunity in Cassopolis. This property boast three apartments and one barbershop all with current tenants. Apartment one has an oversized master with a large living space and currently rents for 600. The back two apartments have two bedrooms and one bath and rent for 500. Owner pays for water and tenants pay for utilities. Front barbershop provides additional income potential. Don't miss this opportunity for steady income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,806
Year Built
- Built in 1950
Lot Details
- 9,131 Sq Ft Lot
- Lot Dimensions are 70 x 132
Home Design
- Composition Roof
- Vinyl Siding
Basement
- Partial Basement
Parking
- 4 Parking Spaces
- Gravel Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- The owner pays for water
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 | $1,301 | $71,500 | $71,500 | $0 |
| 2024 | $828 | $67,900 | $67,900 | $0 |
| 2023 | $308 | $60,900 | $0 | $0 |
| 2022 | $751 | $48,900 | $0 | $0 |
| 2021 | $1,585 | $40,700 | $0 | $0 |
| 2020 | $1,565 | $32,000 | $0 | $0 |
| 2019 | $1,526 | $31,400 | $0 | $0 |
| 2018 | $270 | $31,400 | $0 | $0 |
| 2017 | $680 | $32,500 | $0 | $0 |
| 2016 | $673 | $26,600 | $0 | $0 |
| 2015 | -- | $24,300 | $0 | $0 |
| 2011 | -- | $31,578 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | Pending | -- | -- | -- |
| 10/18/2025 10/18/25 | Price Changed | $160,000 | -8.6% | -- |
| 10/03/2025 10/03/25 | Price Changed | $175,000 | -5.4% | -- |
| 09/03/2025 09/03/25 | Price Changed | $185,000 | -7.5% | -- |
| 08/13/2025 08/13/25 | For Sale | $200,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney |
Source: MichRIC
MLS Number: 25040934
APN: 14-041-170-045-00
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Information is deemed reliable but not guaranteed.
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