$299,000

502 S East St Eaton Rapids, MI 48827

Estimated payment $2,031/month

Total Views 31
-- Bed
-- Bath
3,468 Sq Ft
$86 Price per Sq Ft

Highlights

  • Ranch Style House
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Landscaped
  • Wood Siding

About This Home

Great 4 unit income property. Easy to rent. All units occupied. Well maintained. Updates include newer roof, newer AC units and funaces. Tenants pay gas and electric bills. Showings to be proceeded by acceptable letter of intent or buy/sell agreement and pre-approval letter.

Listing Agent

Doug Eschtruth

RE/MAX Real Estate Professionals License #6502129736 Listed on: 12/10/2025

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1964

Lot Details

  • 0.38 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees
  • Back Yard

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,468 Sq Ft Home
  • Basement
  • Crawl Space

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry in Hall
  • Washer and Electric Dryer Hookup

Parking

  • 5 Parking Spaces
  • Common or Shared Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • 100 Amp Service

Additional Features

  • Exterior Lighting
  • City Lot

Community Details

Overview

  • 4 Units
  • Dutton Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $3,000
  • Manager Expense $3,000
  • New Taxes Expense $6,000
  • Net Operating Income $15,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,500

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Misc Business Info Construction Type: BRICK
  • Tax Year: 2025
  • Misc Business Info Overall Building Siz: 3458
  • Levels: One
  • Year Built: 1964
  • Lot Size Acres: 0.38
  • Lot Size: IRREG
  • Professional Management Expense: 3000.0
  • Subdivision Name: Dutton
  • Above Grade Finished Sq Ft: 3468.0
  • Architectural Style: Ranch
  • Tax Info:Taxes2: 5500.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: 1 STORY
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Concrete
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Tile, Vinyl
  • Property Type: Residential Income

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Lighting
  • Lot Features: Corner Lot, Back Yard, City Lot, Few Trees, Landscaped, Level
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Construction Type: Wood Siding, Rough Sawn, Block

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Misc Business Info:_pound_ Parking: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service, 220 Volts in Kitchen
  • LaundryFeatures: Common Area, In Hall, Washer Hookup, Electric Dryer Hookup
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Junior High Dist: Eaton Rapids

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Zoning Description: MULTI FAM

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 3000.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 15700.0

Tax Info

  • New Taxes Expense: 6000.0
  • Tax Carrier Route: 1579

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2025 12/10/25 For Sale $299,000 +92.9% $86 / Sq Ft
08/26/2020 08/26/20 Sold $155,000 -3.1% $45 / Sq Ft View Prior Sale
05/05/2020 05/05/20 For Sale $160,000 +20.8% $46 / Sq Ft
05/01/2017 05/01/17 Sold $132,500 -11.6% $38 / Sq Ft View Prior Sale
03/06/2017 03/06/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $149,900 -- $43 / Sq Ft
Source: Greater Lansing Association of Realtors®

Source: Greater Lansing Association of Realtors®

MLS Number: 293016

Greater Lansing Association of Realtors®

APN: 300 050 604 010 00