Excellent income opportunity! This fully rented duplex is located on a low traffic road in the Waverly school district. Both tenants are long term and have an excellent payment history. The home sits on just over half an acre and provides a shared, 2 car, garage. Each unit has 2 bedrooms and a bath.
Last Agent to Sell the Property
David Alter
Coldwell Banker Realty-Dewitt License #6501395389 Listed on: 09/15/2017
$100,000
Historic Triplex on Corner Lot with Unlimited Potential! Don't miss this rare opportunity to own a charming historic triplex nestled on a spacious corner lot with mature trees, a fenced yard, and a covered wrap-around front porch—perfect for enjoying peaceful mornings or evening gatherings. This property is ideal for investors or buyers looking for a value-add opportunity. The home features
Cale Bell Arterra Realty Michigan LLC
$119,999
Welcome to 4414 S Martin Luther King this 2-unit Property offers Main floor with a full kitchen, full bathroom and 3-4 bedrooms. There is a huge 2-3 car attached garage with the property. Huge backyard great for kids and pets. Lots of parking. Property has a new furnace, oversized water heater and new electric heat on the second floor apartment. Upstairs unit is also set up for a 2-unit rental
Frank Jajou Real Estate One-Troy
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | None Listed On Document | |
| Warranty Deed | $131,800 | Tri County Title Agency Llc | |
| Warranty Deed | $140,000 | Metropolitan Title Company |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,000 | Balloon | |
| Previous Owner | $98,000 | New Conventional |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2022 07/21/22 | Sold | $160,000 | -11.1% | $93 / Sq Ft |
| 06/08/2022 06/08/22 | Pending | -- | -- | -- |
| 05/31/2022 05/31/22 | For Sale | $180,000 | +12.5% | $104 / Sq Ft |
| 05/20/2022 05/20/22 | Off Market | $160,000 | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $180,000 | +36.6% | $104 / Sq Ft |
| 10/25/2017 10/25/17 | Sold | $131,800 | -5.9% | $76 / Sq Ft |
| 10/18/2017 10/18/17 | Pending | -- | -- | -- |
| 09/15/2017 09/15/17 | For Sale | $140,000 | -- | $81 / Sq Ft |
| 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 | $5,441 | $99,900 | $0 | $0 |
| 2024 | $2,970 | $88,300 | $0 | $0 |
| 2023 | $2,829 | $82,600 | $0 | $0 |
| 2022 | $3,925 | $74,800 | $0 | $0 |
| 2021 | $3,764 | $69,700 | $0 | $0 |
| 2020 | $3,711 | $66,800 | $0 | $0 |
| 2019 | $3,682 | $134,280 | $0 | $0 |
| 2018 | $3,563 | $58,600 | $0 | $0 |
| 2017 | $3,401 | $58,600 | $0 | $0 |
| 2016 | -- | $56,700 | $0 | $0 |
| 2015 | -- | $56,700 | $0 | $0 |
| 2014 | -- | $54,400 | $0 | $0 |
| 2013 | -- | $55,900 | $0 | $0 |
T
Seller's Agent in 2022
Theresa MacNicol
Coldwell Banker Hubbell BriarWood
Buyer's Agent in 2022
Patrick Ferris
RE/MAX Michigan
(517) 862-7273
4 in this area
80 Total Sales
D
Seller's Agent in 2017
David Alter
Coldwell Banker Realty-Dewitt
Buyer's Agent in 2017
Melanie McNamara
Oasis Realty
10 Total Sales
Source: Greater Lansing Association of Realtors®
MLS Number: 220105
APN: 040-061-501-210-00
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