416 River St Three Rivers, MI 49093
Estimated payment $1,876/month
Highlights
- 100 Feet of Waterfront
- No HOA
- Radiant Heating System
About This Home
NEW METAL ROOF! Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,216
Year Built
- Built in 1976
Lot Details
- 12,415 Sq Ft Lot
- Lot Dimensions are 95x142
- 100 Feet of Waterfront
- River Front
Parking
- 5 Parking Spaces
Home Design
- Slab Foundation
- Composition Roof
- Vinyl Siding
Outdoor Features
- Water Access
Utilities
- No Cooling
- Radiant Heating System
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- The owner pays for sewer, trash collection, water
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,369 | $106,300 | $11,800 | $94,500 |
| 2024 | $1,329 | $48,000 | $11,100 | $36,900 |
| 2023 | $1,267 | $44,200 | $8,500 | $35,700 |
| 2022 | $1,206 | $30,900 | $8,500 | $22,400 |
| 2021 | $1,860 | $29,200 | $8,500 | $20,700 |
| 2020 | $2,007 | $32,100 | $9,000 | $23,100 |
| 2019 | $1,970 | $30,900 | $9,000 | $21,900 |
| 2018 | $2,022 | $38,100 | $5,100 | $33,000 |
| 2017 | $1,989 | $34,200 | $34,200 | $0 |
| 2016 | -- | $35,100 | $35,100 | $0 |
| 2015 | -- | $36,400 | $0 | $0 |
| 2014 | -- | $36,400 | $36,400 | $0 |
| 2012 | -- | $37,200 | $37,200 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | Pending | -- | -- | -- |
| 04/22/2026 04/22/26 | Price Changed | $315,000 | -10.1% | -- |
| 11/20/2025 11/20/25 | For Sale | $350,300 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $174,900 | None Available | |
| Quit Claim Deed | -- | E Title Agency Inc | |
| Sheriffs Deed | $49,500 | None Available | |
| Interfamily Deed Transfer | -- | Vt | |
| Deed | $72,500 | -- | |
| Deed | $105,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $148,500 | Commercial |
Source: MichRIC
MLS Number: 25059336
APN: 051-230-018-02
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
- 500 River St
- 410 5th St
- 203 S Main St
- 303 Middle St
- 129 Middle St
- 306 W Michigan Ave
- 816 River St
- 111 River Dr
- 173 E Michigan Ave Unit 203B
- 709 S Main St
- VL Michigan 60
- 209 Spring St
- 238 4th Ave
- 816 7th St
- 700 11th St
- 0 V L 13th and Cypress Ct
- 112 N Andrews St
- 1014 7th St
- 108 N Lincoln Ave
- 810 S Constantine St
Ask me questions while you tour the home.