$849,900

Estimated payment $4,978/month

Total Views 460
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • Fenced
  • 5-minute walk to Kelvyn Park
  • Heating System Uses Steam

About This Home

Set in the heart of Belmont Gardens and near Kelvyn Park, this fully rehabbed 2024 three-unit property blends comfort, convenience, and long-term potential. The building features a well-balanced unit mix: one 2BD/1BA, one 3BD/1BA, and a non-conforming 2BD/1BA garden unit-each with its own electric meter and the everyday luxury of in-unit laundry. A two-car detached garage and a tidy backyard add extra function to the property, whether you're thinking investment, multi-generational living, or simply a place with room to grow. With fresh updates throughout and a location that gives you easy access to neighborhood green space, transit, and local flavor, this is a turnkey opportunity in a pocket of the city that's steadily rising. Offering memorandum available upon request.

Listing Agent

Tyson Schutz

The Apartment Source License #471020066 Listed on: 02/09/2026

Co-Listing Agent

Alex Anderson

The Apartment Source License #475181999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,204

Year Built

  • Built in 1916 | Remodeled in 2024

Lot Details

  • Lot Dimensions are 30 x 125
  • Fenced

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $2,400
  • Water Sewer Expense $1,800
  • Gross Income $73,800
  • Net Operating Income $59,476

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,204

Year Built

Built in 1916 | Remodeled in 2024

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 1800
  • Other Expenses $: 2220

Lot Info

  • Lot Dimensions: 30 x 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 59476
  • Insurance Expense: 2500
  • GrossIncome: 73800
  • Maintenance Expense: 2400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7204
  • Tax Year: 2023

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,204 $42,000 $11,625 $30,375
2024 $7,204 $42,000 $11,625 $30,375
2023 $3,889 $34,000 $9,375 $24,625
2022 $3,889 $34,000 $9,375 $24,625
2021 $3,702 $34,003 $9,378 $24,625
2020 $3,682 $22,665 $5,437 $17,228
2019 $3,934 $26,355 $5,437 $20,918
2018 $3,851 $26,355 $5,437 $20,918
2017 $4,324 $28,909 $4,875 $24,034
2016 $4,936 $28,909 $4,875 $24,034
2015 $4,476 $28,909 $4,875 $24,034
2014 $4,461 $29,103 $4,500 $24,603
2013 $4,477 $29,103 $4,500 $24,603
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2026 02/09/26 For Sale $849,900 +83.2% --
09/15/2023 09/15/23 Sold $464,000 +3.3% $205 / Sq Ft View Prior Sale
08/01/2023 08/01/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $449,000 -- $198 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12564629

Midwest Real Estate Data (MRED)

APN: 13274010120000

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