$280,000
SOLD JUL 17, 2026

500 River St Three Rivers, MI 49093

Three Rivers Area
-- Bed
-- Bath
-- Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: July 17, 2026

20% Below List Price

196 Days on Market

Highlights

  • 150 Feet of Waterfront
  • No HOA
  • Radiant Heating System

About This Home

As of July 2026

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.

Last Agent to Sell the Property

Kascee Wyatt MTP Group

Real Broker LLC License #492500592 Listed on: 11/20/2025

Last Buyer's Agent

Kascee Wyatt MTP Group

Real Broker LLC License #492500592 Listed on: 11/20/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 1972

Lot Details

  • 20,996 Sq Ft Lot
  • Lot Dimensions are 90x150
  • 150 Feet of Waterfront
  • River Front

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Parking

  • 5 Parking Spaces
  • Driveway

Outdoor Features

  • Water Access

Utilities

  • No Cooling
  • Radiant Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,065

Year Built

Built in 1972

Lot Details

0.48 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1972
  • General Property Info:Basement: No
  • Waterfront Options:Water Access YN: Yes
  • Waterfront Options:Water Frontage3: 150.0
  • General Property Info: Association YN: No
  • Driveway:Driveway: Concrete
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: Electricity Available, Public Sewer, Public Water
  • Extras:Extras: Sep Electric Meter
  • Water Fea Amenities:Water Fea Amenities: Private Frontage
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI1MDU5MzM4IiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA3LTE3VDE5OjIyOjU3LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE0NjI5IiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.meZcO11HMSeLoM7MtBpbgIO4YDGXwMx3uq4LpldVEQk/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 315000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Radiant
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Phone Connected, Electricity Connected, Electricity Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Other
  • Heat Type:Heat Type: Radiant

Lot Info

  • Lot Size Acres: 0.482
  • Lot Size Area: 0.48
  • Lot Dimensions: 90x150
  • Lot Size Sq Ft: 20996.0
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2064.6
  • Tax Year: 2026
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $280,000 -11.1% --
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

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Map

Source: MichRIC

MLS Number: 25059338

MichRIC

APN: 051-230-018-01

Michigan St. Joseph County Three Rivers 49093

500 River St, Three Rivers, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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