Mary Noneman
Five Star Real Estate
(269) 557-0513
116 Total Sales
2 in Three Rivers
$169,900 Price Range
416 River St Three Rivers, MI 49093
Three Rivers Area
--
Beds
--
Baths
--
Sq Ft
0.29
Acre Lot
Highlights
- 100 Feet of Waterfront
- No HOA
- Radiant Heating System
About This Home
As of July 2026NEW 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.
Last Agent to Sell the Property
Real Broker LLC License #492500592 Listed on: 11/20/2025
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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
- Tenant pays for electricity
- The owner pays for sewer, trash collection, water
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2021
Sold by
Bought by
Purchase Details
Closed on
Apr 1, 2010
Sold by
Bought by
Purchase Details
Closed on
Apr 16, 2009
Sold by
Bought by
Purchase Details
Closed on
Aug 15, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
12.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 30, 1994
Sold by
Bought by
Purchase Details
Closed on
Jul 29, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Three Rivers, MI
-
Mary Noneman
-
Sheri Hayes
Sheri Hayes
Tyler Milliman Red Wood Realty
(269) 579-6779
45 Total Sales
1 in Three Rivers
$65,000 Price
-
Sherrie Nowicki
Sherrie Nowicki
RE/MAX Elite Group T.R.
(269) 528-8904
127 Total Sales
67 in Three Rivers
$9K - $403K Price Range
-
Mike Brorson
Mike Brorson
RE/MAX Elite Group
(866) 585-6994
172 Total Sales
4 in Three Rivers
$32K - $399K Price Range
-
Colleen Dawson
Colleen Dawson
Five Star Real Estate
(269) 557-0723
131 Total Sales
1 in Three Rivers
$118,000 Price
-
Lori Knoll Ambs
Lori Knoll Ambs
Five Star Real Estate-W Q Ave
(269) 775-4877
104 Total Sales
2 in Three Rivers
$240K - $285K Price Range
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 | -- |
Source: Public Records
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 | |
| Previous Owner | $117,300 | Commercial |
Source: Public Records
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 |
|---|---|---|---|---|
| 07/17/2026 07/17/26 | Sold | $200,000 | -36.5% | -- |
| 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 | -- | -- |
Source: MichRIC
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 |
|---|---|---|---|---|
| 2026 | $2,231 | $102,200 | $9,800 | $92,400 |
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Kascee Wyatt MTP Group
KW
Seller's Agent in 2026
Kascee Wyatt MTP Group
Real Broker LLC
(517) 677-1789
47 Total Sales
Map
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.
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