4195 N Weber Rd Whitehall, MI 49461
Estimated payment $2,796/month
Highlights
- 1 Fireplace
- Laundry Room
- Baseboard Heating
- Corner Lot: Yes
- Forced Air Heating System
About This Home
This rare opportunity for 6 good rental units under one much-improved 1970s building, is one to jump on! With 3 two bed units, and 3 one bed units, roof and siding new in 2020, all new exterior decking, stairs and sliders added by the current owner, the exterior is in great shape. Current owner has remodeled and updated 4 out of 6 units and brought rents up in all units. Two 2-bed units with longstanding tenants remain to be remodeled to maximize the potential of this great investment opportunity and bring up those rents to market value and a potential for a 9 % cap rate. Unit 6 has a small bonus room, that could be an office. 7th unit could be created from storage area. New drain field was put in Dec 2024. Coin-operated shared laundry brings in extra income. This property is only 3.9 miles from Duck Lake state park and commuting distance from large manufacturing plants Howmet Aerospace and Hilite. Reeths Puffer school district.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,180
Year Built
- Built in 1979
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 80 x 167
- Corner Lot: Yes
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Laundry Room
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
- Laundry in Basement
Parking
- 13 Parking Spaces
- Driveway
- Paved Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
- Well
- Septic Tank
Community Details
- 6 Units
- Laundry Facilities
- Gross Income $59,380
Listing and Financial Details
- The owner pays for trash collection, gas
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 | $4,100 | $93,900 | $0 | $0 |
| 2024 | $938 | $87,800 | $0 | $0 |
| 2023 | $897 | $76,500 | $0 | $0 |
| 2022 | $3,966 | $76,100 | $0 | $0 |
| 2021 | $3,989 | $75,900 | $0 | $0 |
| 2020 | $3,925 | $74,500 | $0 | $0 |
| 2019 | $3,945 | $77,300 | $0 | $0 |
| 2018 | $2,999 | $67,500 | $0 | $0 |
| 2017 | $2,976 | $64,400 | $0 | $0 |
| 2016 | $669 | $64,200 | $0 | $0 |
| 2015 | -- | $58,300 | $0 | $0 |
| 2014 | -- | $57,600 | $0 | $0 |
| 2013 | -- | $59,300 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $450,000 | -5.3% | -- |
| 06/07/2025 06/07/25 | Price Changed | $475,000 | -4.4% | -- |
| 03/14/2025 03/14/25 | Price Changed | $497,000 | -0.4% | -- |
| 01/19/2025 01/19/25 | For Sale | $499,000 | +126.8% | -- |
| 02/18/2022 02/18/22 | Sold | $220,000 | -8.3% | -- |
| 01/27/2022 01/27/22 | Pending | -- | -- | -- |
| 01/26/2022 01/26/22 | For Sale | $240,000 | +69.0% | -- |
| 02/07/2020 02/07/20 | Sold | $142,000 | -16.4% | -- |
| 11/12/2019 11/12/19 | Pending | -- | -- | -- |
| 06/04/2019 06/04/19 | For Sale | $169,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Chicago Title | |
| Warranty Deed | -- | Chicago Title | |
| Warranty Deed | $142,000 | Chicago Title Of Mi Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,500 | New Conventional | |
| Previous Owner | $135,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $108,000 | Credit Line Revolving | |
| Previous Owner | $95,937 | Unknown |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25002289
APN: 06-122-400-0006-00
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Information is deemed reliable but not guaranteed.
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